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Financial Literacy for Youth Workers Project

  • WEST Latvia Entrepreneurship Club
  • Mar 1
  • 2 min read

We are thrilled to announce that our organization will be participating as a partner in the newly approved Erasmus+ Partnerships for Cooperation project titled “Financial Literacy for Youth Workers.” This exciting initiative aims to strengthen the capacity of youth workers to empower young people—especially those from disadvantaged backgrounds—with essential financial literacy and personal finance management skills.


Why Financial Literacy Matters

In today’s complex economic landscape, understanding how to manage money wisely is more important than ever. Yet, many young people still lack the knowledge and tools needed to make informed financial decisions. Youth workers, who are often the first point of contact and support for these individuals, play a crucial role in filling this gap.

This project is designed to equip youth workers with the necessary skills, tools, and resources to offer impactful, engaging, and inclusive financial education.


Project Objectives

The main goals of the “Financial Literacy for Youth Workers” project include:

  • Developing the ability to design effective personal finance training modules

  • Enhancing knowledge in budget planning and spending control

  • Teaching strategies for financial risk management and responsible borrowing

  • Creating accessible financial literacy programs tailored for disadvantaged youth

These objectives will be realized through collaborative work across partner organizations and the sharing of good practices throughout Europe.


Participating Countries

The project brings together partners and participants from five countries:

  • Estonia

  • Latvia

  • Portugal

  • Romania

  • Turkiye


This multinational partnership ensures a rich exchange of perspectives, methodologies, and cultural approaches to financial education.


Planned Activities

Throughout the project, several impactful activities will take place, including:

  • Creation of posters, brochures, and newsletters to raise awareness

  • Surveys to assess needs and progress

  • Production of spot films showcasing best practices in financial literacy

  • Development of training modules for youth workers

  • Design and dissemination of a user-friendly online platform and mobile financial guide

  • Organization of financial literacy workshops and national/international dissemination events

  • A comprehensive financial literacy handbook

  • 7 transnational partner meetings for evaluation and coordination

All these efforts aim to ensure that the tools created are practical, engaging, and adaptable to various cultural and social contexts.


Project Impact

Through this project, the skills and competencies of youth workers will be significantly strengthened, enabling them to guide young people more effectively in financial matters. The project will also contribute to:

  • Creating long-lasting educational resources

  • Supporting disadvantaged youth in gaining financial independence

  • Promoting sustainable financial habits among young people

  • Encouraging long-term international cooperation in the field of youth work and education

We believe that financial literacy is not just a skill—it’s a foundation for empowerment, inclusion, and resilience.


What’s Next?

As the project unfolds, we’ll be sharing updates, opportunities to get involved, and insights from the development process. Stay tuned to our blog and social media channels for the latest news on activities, events, and milestones from Financial Literacy for Youth Workers.

We’re proud to be part of this important initiative and look forward to contributing to a future where more young people feel confident in their financial choices and futures.




 
 
 

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