Basic Financial Literacy for Social, Economic and Vocational Inclusion

<< Objectives >>The BAFI initiative aims to enhance VET by providing financial literacy, helping individuals complete education and transition to stable careers. Objectives include offering a comprehensive financial literacy toolkit, increasing diversity and inclusion, delivering tailored financial education, supporting educators, and sharing results with policymakers to maximize impact. The project seeks to reduce financial inequality and improve VET outcomes, particularly for marginalized groups.<< Implementation >>Building on previous studies, the consortium will create resources to help VET learners gain financial literacy skills. These resources will be tested by educators, learners, and stakeholders to ensure quality and relevance. They’ll be available on an e-learning platform and promoted to VET providers and the public. Policymakers will also be informed about the resources and the importance of basic financial literacy.<< Results >>The project promotes innovation and inclusion in VET and the EU through basic financial education. It includes: A VET Finance Resource Kit for learners A manual for educators An online platform, website, and social media presence Widespread use of the toolkit by VET providers Evidence of learners benefiting from the resources Policy support for increased financial education in the EU and VET Spill-over effects, such as use in schools.