Developing participative processes for the generation of a financial education curriculum addressed to young adults at risk

Financial markets have become increasingly complex and, in consequence, individuals everywhere need to improve their understanding of financial products and services. In addition, individuals today have greater responsibility for their financial well-being. A wide process of financial education is required in order to configure a critical and informed citizenship able to understand and make fundamental decisions on aspects related not only to the financial system, its functioning and products but also to all aspects integrated on a solid financial training. However, financial education is especially low among certain demographic groups, including young adults at risk. Some researches show that most young adults at risk make financial decisions and deal with complex financial products despite lacking this basic financial and quantitative knowledge. Moreover, the inclusion of the voices of the young adults is not taken into account when elaborating any curricula on financial education although it is essential to meet the real necessities and demands on financial education and for them to become more active, independent and enterprising. The project has as the main aim the establishment of a learning curriculum on financial education based on the implication of young adults at risk themselves in order to meet their real needs on financial literacy.