The escalating numbers of low income and unemployed young adults (18-35) constitute not only a current problem, but it’s a challenge to be dealt with in the years to come. This group of EU citizens is one of the largest disadvantaged groups in the European society, constituting almost the 35% (over 40% for some EU countries) of the total young adults in Europe.
 
The eFinLit project envisions influencing and improving the financially disadvantaged young adults welfare, by providing them the capacity to face their financial issues and manage them efficiently. In addition it will improve the capacity of education and training providers be offering an innovative and effective tool in applying in their professional domain. At the same it will light the economic burden of the social welfare services of the EU member states, as young adults are expected to improve their quality of life through the improvement of their financial literacy, minimizing the provision of public social support.
 
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eFinLit 1st Newsletter