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36.Financial Literacy for the Economic Development of Society №2022-1-BG01-KA220-SCH-000087865


Project`s Budget: 250 000.00 €
 
Budget for VFU: 34 560,00 €
 
Duration of the project: 07.02.2023 г.– 06.08.2025 г. (30 months)

Project website:

 

 

On 07.02.2023 Varna Free University "Chernorizets Hrabar" start the implementation of project №2022-1-BG01-KA220-SCH-000087865 "Financial Literacy for the Economic Development of Society" as a leading organization.

The project is co-financed by the Erasmus+ program of the European Union.

Partners:

1. Yavuz Selim Ortaokulu, Turkey;
2. Platon M.E.P.E., Greece;
3. Universal learning Systems Ltd, Ireland;
4. Context Learning Finland Oy, Finland;
5. Southwest University "Neofit Rilski", Bulgaria;
6. Yenilikçi Eğitim Derneği, Turkey;
7. IIS Albert Einstein, Italy.

Financial literacy means much more than managing money and budgeting at a basic level, the consumption and saving habits of individuals in households reflect the financial nature of society. In today's socio-economic conditions, it is important for people to have financial literacy knowledge in terms of both predicting and solving financial problems and leading a prosperous life.
Financial literacy is a key skill, and the project aims to develop this skill from an early age by using digital methods and materials.

Expected results:

1. Prepared curriculum and teaching materials on financial literacy, which will be taught at the secondary level by the experts in the partnership.
2. The content and activities in the curriculum will also be included in a prepared digital edition.
3. A digital portal will be created where students and teachers will have access to financial content and will be able to conduct online financial transactions. The portal will allow students to perform simulations of: calculating credits, withdrawing money, depositing and monitoring financial transactions in a virtual environment. The virtual environment will be used for hands-on training regarding their financial literacy.





In connection with the implementation of "Financial literacy for the development of society" №2022-1-BG01-KA220-SCH-000087865 project, in the period 21-23 May 2024 in Helsinki, Finland, a partner meeting was held, which was attended by representatives of all partner organizations, where online learning, learning content and the development of a learning platform for the project were discussed, the learning plans were finalized. The project involves the creation of a digital portal where students and teachers will have access to financial content of financial literacy modules prepared in a digital edition. The portal will allow students to perform simulations of: calculating credits, withdrawing money, depositing and monitoring financial transactions in a virtual environment, saving, budgeting, managing personal finances, etc. The virtual environment will be used for hands-on training regarding their financial literacy.
At the meeting, the partners also discussed project management, dissemination and reporting activities.
The event was hosted by Context Learning Finland Oy, Finland.










 



From 02/05/2024 to 02/07/2024, a partner meeting was held in Katerini, Greece under "Financial Literacy for the Development of Society" project No. 2022-1-BG01-KA220-SCH-000087865. The digital journal (Sections and Content), the digital portal (Sections and Content) and teacher training to create a curriculum were discussed by partners. The content of the curriculum, the financial literacy curriculum and their presentations to students from all project partners were also discussed. The curriculum will be piloted by two of the partner organizations - schools from Greece and Turkey.
The partners discussed the progress on Work Packages N2 and N4 and the activities and tasks to be completed until the next meeting in Finland.
The meeting was hosted by Platon M.E.P.E, Greece.








 



In the period 13-15.11.2023, in Turin, Italy, with the participation of representatives of all partner organizations, a partner meeting was held under the project "Financial Literacy for the Development of Society" No. 2022-1-BG01-KA220-SCH-000087865. The meeting was hosted by IIS Albert Einstein, Italy.
The partners discussed the content of the financial literacy curriculum, determined the methods and techniques that will be used in transferring the content, the content that will be uploaded to the digital portal and the creation of an initial version of the content. Determined the methods and techniques to be used in transferring the content. The meeting ended with a discussion of the dates of the next meetings and upcoming activities.
 









 




On May 29-31, 2023, the first Partner meeting under the project "Financial Literacy for the Economic Development of Society", №2022-1-BG01-KA220-SCH-000087865 was held at the Varna Free University "Chernorizets Hrabar", with the participation of representatives from all partner organizations from Bulgaria, Turkey, Greece, Ireland and Finland.
The project is co-financed by the Erasmus+ program of the European Union.
VFU presented the project, its goals, expected results and target groups. The roles and tasks of each partner, which must be fulfilled during the implementation of the project, were discussed.
The partners discussed the necessary actions for popularizing and disseminating the results of the project.
A representative of VFU briefly introduced to partners the administrative and financial rules for the implementation and reporting of the project according to the rules of the Erasmus+ program of the European Union, as well as the requirements for document storage.
The meeting ended with specifying dates for the next partner meetings on the project.