Financial literacy is an essential tool that empowers individuals to make informed decisions about their money and achieve their financial goals. However, young women who are classified as Not in Education, Employment, or Training (NEET) face unique challenges when it comes to building financial literacy and achieving financial inclusion. This article will discuss the financial literacy needs of young NEET women and ways to address them to promote their financial inclusion.
One of the main barriers to financial literacy and inclusion for young NEET women is a lack of access to education and training opportunities. These women may have dropped out of school early or not have had access to a quality education, leaving them with limited knowledge and skills to manage their finances. To address this issue, targeted financial education programs that focus on basic financial concepts, such as budgeting, saving, and investing, can be made available to these women. These programs should be designed to be accessible and relevant to the specific needs and experiences of young NEET women.
Aligned with the aforementioned the Fly in partnership has proceeded to the completion of the 3rd deliverable, an E- learning portal, which includes online tools that support the delivery of the project’s IOs (IO1 – Curriculum, IO2 -Trainer’s Manual for Youth Workers). The e-Learning portal works as an addition to the previously developed training materials, an e – Tool, to assist youth workers (especially whom that completed the C1 training program) in their training of young women. You are able to sign in (https://flyinelearning.com/?lang=enn). All the materials are accessible in English, Greek, Macedonian and Swedish.
In conclusion, young NEET women face unique challenges when it comes to building financial literacy and achieving financial inclusion. To address these challenges, targeted financial education programs, tailored financial services and products, and a supportive environment that promotes financial empowerment are necessary. By taking a comprehensive approach to addressing the financial literacy needs of young NEET women, we can help these women to achieve financial inclusion and improve their overall well-being.