Training
It consists in the Contents creation through a set of web courses specifically designed for Seniors to promote their financial security.
This innovative e-learning course on financial education is designed to provide learners with the essential knowledge, skills and competencies to better manage their personal finance.
During project development discussions, partners already identified 3 macro-AREA directly linked to the scope of the project:
FIRST AREA
Financial Literacy Alphabet
The first area of the FLY e-learning course provides relevant information on the ABC of Financial knowledge. It includes videos, check lists, infographics and various materials for further studying. Participants' learning progress is evaluated via exercises and assignments: they will obtain a personalised certificate of attendance upon successful completion of the module's test.
This content area includes:
- The knowledge and ability to monitor and control income and expenses: Identifying various types of income (e.g. allowances, salary, commission, benefits) and ways of discussing income (such as hourly wage and gross or net annual income)
- Drawing up a budget to plan regular spending and saving and staying within it.
- Finance aspects: for example Bank role, How choose a bank account, stock, rating, loans, public finance (Government taxes) , spread, kind of investment etc
- Digital Finance
SECOND AREA
Financial Decision-Making and Management
This content area includes:
- Understanding how to manipulate various elements of a budget, such as identifying priorities if income does not meet planned expenses, or finding ways to increase savings, such as reducing expenses or increasing income
- Understanding the purposes of accessing credit and the ways in which expenditure can be smoothed over time through borrowing or saving
- Understanding the idea of building wealth, the impact of compound interest on savings, and the advantages and disadvantages of investment products
- Risk and Danger of Finance
- Examples of Bad practices of Banks and frauds
THIRD AREA
Finances for Good
This content area includes:
- Social Finance
- Etic Finance
- How finance can helps the planet (Green investment)
- How finance can help social projects
- Sustainable finance
