PRO(F)LITERACY 2.0

Project overview

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Context

The new “adult” generations face difficulties in shaping their future, especially in pursuing personal and financial independence and exploring new professional directions.

Indeed, the absence of “simple” key competencies for lifelong learning and innovative and entrepreneurial thoughts and attitudes based on empowerment and awareness-oriented financial education is the motto for the emergence and/or perpetuity of phenomena of social exclusion.

In this context, we identify the social problem of social exclusion arising from a set of fracturing socio-economic problems in today’s societies related to the low level of financial literacy of families (especially young people) and the inability of systems (primarily educational, social and family) in solving it.

Vision

Young people who build financially sustainable life projects in more capable societies.

Mission

Consolidation of a basic methodology for the implementation and creation of an economic and financial literacy program and empowerment of young people with new knowledge and experiences that emphasise their potential in building their life project, promotion of new opportunities, initiatives, and activities that emphasise equal access to personal, social and professional development opportunities for young people and advancement of youth participation in society as a future generation.

Objectives

The project aims to combat social exclusion and/or poverty among young people, resulting from low economic and financial knowledge, through:

• Test/revise/update the PRO(F)LITERACY intervention program;
• Disseminate and exploit the PRO(F)LITERACY 2.0 program in practice and on a European scale, to train youth workers in financial literacy work and increase the literacy of young Europeans;
• Create sustainable international work networks in the field of financial literacy.

Results

Tangible

• PRO(F)LITERACY 2.0 – intervention program for financial literacy;
• Booklet;
• Community of practice (youth workers) in the area of financial literacy;
• Dissemination content/materials.

Intangible

Development of learning/skills:

• From the key competences for lifelong learning – a European framework;
• From Entrecomp: European entrepreneurship competence framework;
• Thematic (financial literacy);
• Project management;
• Working in partnership and transnational network.

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Launch of PRO(F)LITERACY 2.0: Empowering Youth Through Financial Literacy

In September 2023, the PRO(F)LITERACY 2.0 project was officially launched, marking the beginning of an 18-month initiative to address social exclusion and poverty among young people by improving financial and economic literacy.

Project Goals

The PRO(F)LITERACY 2.0 program focuses on:

• Testing, revising, and updating the financial literacy intervention program.
• Expanding the program’s reach across Europe by training youth workers and increasing financial knowledge among young people.
• Establishing sustainable international networks to promote financial literacy and empower youth.

Milestones Achieved

• Kick-Off Meeting in Tallinn, Estonia (October 2023):
  Partners gathered to define project objectives, establish timelines, and allocate tasks. Discussions covered dissemination strategies, risk assessments, and guidelines for effective implementation.
• Training Course in Porto, Portugal (December 2023):
  Youth workers from across Europe collaborated to exchange best practices, strengthen financial and entrepreneurial skills, and co-develop tools to engage young people effectively in financial education.

Recent Highlights:

• Virtual Mobility Sessions:
  Partners hosted sessions like the “Tax Systems Roundtable” and “Challenges Faced by Youth Workers in Financial Literacy,” fostering rich discussions on tax systems, cultural taboos, and effective teaching strategies.
• Local Workshop Series:
  A series of workshops empowered local communities by addressing practical financial challenges, promoting lifelong learning, and offering sustainable solutions.
• Second Work Session in Bari, Italy (May 2024):
  Focused on advancing project progress, materials development, and international networking, this meeting set the stage for future impactful initiatives.
• Youth Exchange in Porto, Portugal (June 2024):
  Bringing together 35 youth and youth workers, this event enhanced financial literacy, intercultural collaboration, and skill-building aligned with the European Competence Framework (EntreComp).

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PRO(F)LITERACY 2.0: Progress and Achievements (May-August 2024)

The PRO(F)LITERACY 2.0 project continues to make strides in fostering financial literacy and socio-economic empowerment across Europe.

Key Milestones:
1️⃣ Second Transnational Partner Meeting (TPM):
Held in Bari, Italy, the meeting focused on advancing project collaboration, monitoring progress, and preparing for impactful youth mobilities.

2️⃣ Youth Exchange in Porto, Portugal:
A dynamic exchange brought together 35 participants from 5 countries, focusing on financial literacy, intercultural collaboration, and entrepreneurial skill development aligned with European frameworks.

3️⃣ Virtual Mobilities:
Partners hosted three virtual sessions, delving into the cultural, historical, and psychological aspects of money while exploring innovative educational tools for young people.

4️⃣ Local Workshops:
Interactive workshops continued across partner countries, addressing financial literacy topics and fostering local community engagement.

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PRO(F)LITERACY 2.0: Project Updates & Key Achievements

The PRO(F)LITERACY 2.0 project continues to make significant progress in equipping young people with financial literacy skills to navigate today’s economic challenges.

3rd Transnational Partner Meeting – Riga, Latvia (September 3-5, 2024)

Hosted by Evolving Youth, this meeting focused on project quality, planning the upcoming 4th virtual workshop, finalizing manual development, and refining dissemination strategies. Monthly updates and continued collaboration were emphasized to ensure smooth project execution.

Local Workshop Series: Ongoing Implementation

Our local workshops continue to engage communities by addressing key financial literacy themes through interactive and collaborative sessions. These workshops are essential in empowering individuals with the knowledge and skills needed to make informed financial decisions.

Virtual Mobilities: Expanding Financial Knowledge

Between September 2024 and January 2025, three virtual mobility sessions were held, focusing on:

• Financial Profiles – Understanding different financial behaviors.
• Managing Money: Impulses vs. Conscious Purchases – Learning how to budget wisely.
• Creative Savings – Exploring innovative ways to save money.

These online sessions provided participants with practical financial tools and strategies to improve their daily money management.

4th Transnational Partner Meeting – Athens, Greece (January 16-18, 2025)

The final TPM brought together partners to review project progress, discuss youth engagement in final webinars, and refine dissemination efforts. Key takeaways included boosting social media content, strengthening the Community of Practice, and ensuring clear documentation of local workshops.

As the project nears completion, PRO(F)LITERACY 2.0 remains committed to fostering financial resilience among youth through education, collaboration, and innovative learning methods.

Stay connected for upcoming events and final project insights!

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PROFLITERACY 2.0: Project Conclusion

The PROFLITERACY 2.0 project has successfully wrapped up, strengthening financial literacy and socio-economic empowerment across Europe. Over two years, the project engaged youth through workshops, events, and collaborations, equipping them with essential financial skills.

Key Achievements:

• Partner Meetings in Latvia and Greece focused on project development and final dissemination.
• Virtual Sessions & Local Workshops provided practical financial strategies on budgeting, saving, and mindful spending.
• Multiplier Event in February 2025 showcased key takeaways from the PROFLITERACY 2.0 Handbook.

With partners from Portugal, Greece, Italy, and Latvia, the project empowered youth workers with innovative tools for financial education. The impact will continue to benefit communities across Europe!

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PRO(F)LITERACY 2.0 Financial Literacy Intervention Programme. This manual has been developed as part of the Competence Based Development Programme for Financial Literacy.

The handbook serves as a practical tool for youth workers and young Europeans, providing guidance and resources to build financial literacy. It reflects the collaborative efforts of the consortium and seeks to empower its users with the knowledge and skills needed to make informed, confident financial decisions in their everyday lives.

Click below to check it out!

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