BACKGROUND: As per PISA 2018 (Volume IV): Students’ Financial Literacy, across OECD countries and economies, as many as 22% of students perform below Level 2 in financial literacy, which can be considered the baseline level of proficiency that is required to participate in society. Although 56% of 15-year-olds in participating OECD countries and economies have a bank account and 19% have a prepaid debit card, yet only 31% have the skills to manage a bank account.NEEDS: There’s no other place in the world with such wide-ranging differences in financial literacy as Europe. Norway and Sweden (both scoring 71%) are highest ranking whereas in the Eastern Bloc, no country east or south of Hungary scoring over 50%. European surveys show that young adults have amongst the lowest levels of financial literacy. This is reflected by their general inability to choose the right financial products and often a lack of interest in undertaking sound financial planning. Many young people face financial decisions and as misinformed or ignorant consumers of complex and sophisticated financial services in Europe, often fall into spirals of overspending, debt-trap and wealth erosion. OBJECTIVES: The project objective is to support VET teachers and trainers with a quality financial education supported by online digital database of tools and resources for financial education, digital platform for APPs learning to enhance mathematical, digital, entrepreneurship and financial management competencies. This includes a pedagogical handbook for transferability of the methodology in an European context. TARGET: VET teachers and trainers responsible for mathematical, digital and entrepreneurship education and training.PARTNERSHIPI DONT KNOW project consortium includes MSEI (MT) plus 5 partners KIST (AT), AYG (FI), IBC (DK), OTS (HR) and PSSV (HR). Each partner has worked on previous European projects and has specific expertise in financial education and VET systems and brings strategic networks involving well-known partners from all EU countries.ACTIVITIES I DONT KNOW project is scheduled for 24 months with the following activities for creating:- online digital database of good practices, tools and resources for financial education- modular training curriculum- digital training platform for learning via APPs for financial education- I DONT KNOW pedagogical handbook- Project management and implementation comprising quality control measures (monitoring) to ensure timely implementation as per allocated budget.METHODOLOGY The definition of each activity group has been designed to ensure a balanced distribution between the objectives and activities of the project. All activities have one lead partner and each partner will lead or participate in at least one activity. All partners will participate actively in all activities, intellectual outputs and responsibilities of all activities have been agreed with all partners prior to submission of this applicationOUTPUTS1.online digital database of good practices, tools and resources for financial education2.modular training curriculum3.digital training platform for learning via APPs for financial education4.I DONT KNOW pedagogical handbook- Several marketing/dissemination and exploitation/valorisation initiatives and outcomes.IMPACT ENVISAGED - Young students enhancing financial competence (120)- participating organisations and their trainers (60)- I DONT KNOW pilot training in all countries (120)• Stakeholders involved in dissemination (300);• VET providers, decision and policy makers (120).LONG TERM BENEFITSThe project will have a direct impact in the improvement of the skills that teachers and trainers require to effectively support digital, mathematical and financial competence, providing them with innovative tools and resources to stimulate the innovation and the financial competencies by VET students, learners and apprentices. The long term impact envisaged is a strengthening of the VET system and programmes to fully exploit the potential benefits of digital learning via APPs to boost financial competence and wealth management by young persons in Europe.