Financial Literacy – Path To Conscious Consumerism Erasmus Project

Project Title

Financial Literacy – Path To Conscious Consumerism

Project Key Action

This project related with these key action: Cooperation for innovation and the exchange of good practices

Project Action Type

This project related with this action type : School Exchange Partnerships

Project Call Year

This project’s Call Year is 2020

Project Topics

This project is related with these Project Topics: ICT – new technologies – digital competences; EU Citizenship, EU awareness and Democracy

Project Summary

The main idea for our project came from the global challenges our young generation and people, in general, face today: increasing social exclusion of people with lack awareness of financial literacy, over-consuming problems, people’s indifference to environmental problems caused by climate change and human activities.
The project aims to raise awareness of the motivation of students and community members to get involved in environmental issues and to provide knowledge on their personal saving and conscious consumption because everyone has the right to change their daily habits reducing consumerism and combating climate change.
The project will be carried out in two years between schools from Prienai (Lithuania), Ramnicu Valcea (Romania), Katerini (Greece), Bragança (Portugal) and Komarno (Slovakia), these schools are situated in different geographical positions, also each of them faces different experience with financial literacy and over-consuming problems. Sharing our personal experience and practice will ensure the efficiency of the project.

The general objective of the project to promote youth’s financial literacy skills by developing a rational approach to money and personal finance management in order to develop students’ awareness of the threat of climate change to our environment and the whole of mankind.
This project will involve from 15-year-old students to 18-year-old ones, the English language teachers, economics, science and IT teachers, administration, parents, and local municipalities as well as government representatives. Implementing this project there would be given the possibility for about 90 students and 50 teachers and administration to go on mobility to the partners’ countries and get acquainted with the situation the partner country has in the field of financial literacy, consumerism and environmental problems.

We intend to work in the following areas: 1 “Saving and Spending Habit of Youth Research”, 2 “Revealing the reasons for its occurrence”, 3 “Generation of ideas and choosing the best solution”, 4 “Taking actions ” and 5 “Reaching the right alternatives”. During the implementation of the project activities, first and foremost, causes of over-consuming habits will be analyzed of the young generation through questionnaires proposed by a specialist. The following step will be to inform students and help them to discover by themselves how over-consuming habits affect our nature and our environment. In this case, the arranged meetings with specialists from the Ministry of Environment and organizing workshops, discussions, conferences, group works will help to reach the appropriate solution and change view towards borrowing, buying and saving. At the same time, not only students but also teachers’ knowledge of financial literacy will increase.

The work methodology will be communicative in order to create the necessary cooperation and interaction among the partners to implement the project in all its parts. It will be based on the Student-centered learning, we will try to involve the learners in the development of activities and they will have an active and significant role in the presentations of results (video, articles, reports, workshops, questionnaires), students inclusion is essential for the success of the program. Most of the research activities, which will be carried out, will be based on practical activities based on real-life situations. Students will be able to participate in the life skill activities trying to find the right alternative to mitigate over-consumption problems. Students will create their own approach enabling in this way success for all learners reducing in this way early abandonment of school.

Potential long-term benefits are inevitable. This project is important in many aspects since it has a great impact on students, teachers, administration and the community:
1. Students, teachers and administration will broaden their views about the cultures, traditions, education systems and the financial literacy of other countries and will be able to take a proper account of it.
2. Students will deepen the knowledge and skills of IT, English, Economics, Maths, and ensure more active participation in a society.
3. Created products: films, announcements, articles, researches will be delivered to schools, national communities, used in biology, English lessons, economics, including various activities based on the project results will be carried out in the International project that addresses financial literacy issues.
4. Strong cooperation between school partners will be established and a better understanding of the project and EU values will be ensured.
5. The Community will acquire new knowledge of financial literacy and the over-consuming situation in all 5 countries, reaching the right alternatives to mitigate over-consuming habits, get aware of a situation of climate change caused by environmental pollution.

EU Grant (Eur)

Funding of the project from EU: 160965 Eur

Project Coordinator

Prienu Ziburio gimnazija & Country: LT

Project Partners

• Agrupamento de Escolas Abade de Baçal
• Colegiul National de Informatica Matei Basarab
• Stredna odborna skola obchodu a sluzieb – Kereskedelmi es Szolgaltatoipari Szakkozepiskola
• Trito Geniko Lykeio Alexandroupolis