Mind the financial gap

PROJECT PROMOTER:
PROJECT DURATION:
6
PROJECT SIZE
Small
PROJECT BUDGET
5.539,50
GRANT AMOUNT
4.985,55
EXPECTED OUTCOME
Vulnerable groups empowered
ΤΟΠΟΘΕΣΙΑ
Attica

The gap in financial literacy between men and women is a well-documented reality both internationally and in Greece (in our country it is around 3 percentage points, at 45% for men vs. 42% for women, which is already low among OECD countries). Although women live on average more than men and are faced with the financial difficulties caused by the frequent interruptions of their career timelines, the pay gap and the resulting pension gap, they nevertheless appear to be consistently less knowledgeable, less self-confident and less experienced in making economic decisions than men.

The Mind the FL gap project aims to bridge, at least in part, this financial literacy gap by creating a training manual for educators looking to teach financial literacy to women – especially those from vulnerable social groups – as well as by conducting one pilot workshop for candidate trainers and one pilot workshop for beneficiaries, in order to both launch the diffusion of the training material and to evaluate its effectiveness.

Within the framework of the project, Women On Top, with its experience around the needs of unemployed, salaried, self-employed and retired women between the ages of 18 and 65, as well as with the tools it has developed, over the 7 years of its operation, for the empowerment of these women, will try to meet an important national need for the training of vulnerable women in financial literacy and will also contribute to improve the financial well-being and independence of women and their families.