📱 €4.99 here. €9.99 there. And suddenly… where did your money go?

Music streaming. Gaming subscriptions. Cloud storage. Apps. Video platforms. Premium memberships. Individually, they might not seem expensive. But recurring payments can quietly add up – especially when they are automatically charged every month. 💸

Try a quick subscription check:

🔍 Which subscriptions are you currently paying for?
📅 Are they monthly or yearly?
💶 What do they cost each month altogether?
🤔 Do you actually use all of them?
❌ Is there anything you could cancel?

Here’s the interesting part:
A €10 monthly subscription costs €120 a year.
Knowing where your money goes is one of the simplest financial skills, and one that can make a real difference.

💡 Small payments are still payments. Keep track of them.

#BAFI #FinancialLiteracy #FinancialEducation #MoneySkills #YoungPeople #Subscriptions #SmartSpending #MoneyManagement #VET #ErasmusPlus ... See MoreSee Less

A milestone reached for BAFI 🎉

Last Friday, we reached an important moment in our project journey: the BAFI Progress Report was officially submitted to the National Agency! 🚀

The report looks back at everything we have achieved and worked on so far, from the first project activities and results to the important steps we have taken together as a consortium.

What makes this milestone especially meaningful?
It was truly a joint effort!
🤝 All BAFI partners contributed to the report, reflecting once again the great cooperation and commitment within our international consortium.

Now, with the report submitted, we are ready to look ahead and continue working on the next exciting steps of the BAFI journey. Stay tuned! 👀✨

#BAFIproject #ErasmusPlus #FinancialLiteracy #InternationalCooperation #VET“ ... See MoreSee Less

During the recent meeting, the consortium focused on the project's progress so far, as well as the first results from testing the materials developed within BAFI. We're now looking forward to feedback from vocational education and training professionals!

This project is co-funded by the European Union.

#BAFI #financialliteracy #financialeducation #vet #vocationaleducationandtraining #ErasmusPlus #inclusion #YouthSkills #lifeskillsBAFI - Basic Financial Literacy for Social, Economic and VET Inclusion
Im Rahmen des Meetings befasste sich das Konsortium intensiv mit den bisherigen Fortschritten des Projekts sowie mit den ersten Ergebnissen aus der Erprobung der entwickelten Materialien. Nun sind wir gespannt auf die Rückmeldungen der Fachkräfte aus der beruflichen Aus- und Weiterbildung.
Das Projekt wird von der Europäischen Union kofinanziert. ... See MoreSee Less

Spot the warning signs before it's too late

Now that we've covered the basics of credit, it's time to go deeper 👇

In our new BAFI deep-dive, we cover:
💳 Types of consumer credit
📈 The real cost of credit (APR)
⚖️ Your rights as a consumer
🚨 Warning signs of over-indebtedness you shouldn't ignore
🛠️ Practical strategies to get out of debt
🤝 Where to find free help

Asking for help isn't failure, it's a step toward responsibility 💪

#BAFI #FinancialLiteracy #FinancialEducation #VET #VocationalEducationAndTraining #ErasmusPlus #Inclusion #YouthSkills #LifeSkills ... See MoreSee Less

Do you really know what a loan costs you?

Only 18% of EU citizens have a high level of financial literacy 📊 and credit is one of the trickiest topics to get right.

In our new BAFI factsheet, discover:
✅ How credit really works
✅ The difference between "useful" debt and "risky" debt
✅ Why so many Europeans struggle to cover an unexpected expense
✅ How to manage debt responsibly

Swipe through the carousel and test yourself! 👇

#BAFI #FinancialLiteracy #FinancialEducation #VET #VocationalEducationAndTraining #ErasmusPlus #Inclusion #YouthSkills #LifeSkills ... See MoreSee Less

You do not need to be an expert to start.
Understanding taxes can feel confusing at first, but learning the basics is already a step forward.

It can help you feel more confident when asking questions, more independent when making decisions, and more included when understanding systems that affect your everyday life.

Small steps. More clarity. More confidence. 🌱

#BAFI #financialliteracy #FinancialEducation #vet #vocationaleducationandtraining #ErasmusPlus #inclusion #YouthSkills #lifeskills ... See MoreSee Less

Taxes are part of real life: apprenticeships, work, study, side jobs, income, choices, and your future.

Understanding the basics gives you more confidence to ask questions, read your documents, and understand what could matter for your own situation.

Small steps. More clarity. More confidence. 💡

#BAFI #financialliteracy #FinancialEducation #vet #vocationaleducationandtraining #ErasmusPlus #inclusion #YouthSkills #lifeskills ... See MoreSee Less

When you start a new job, your income is not only what appears on your payslip. Many employers offer additional financial benefits that have real monetary value and that most young workers don't even know they're entitled to.

Some of these benefits are taxable and may appear on your payslip, so it's important to understand what you're receiving and what it's worth.

💬 Ask your employer what you're entitled to. Most young workers never do and end up leaving money on the table.
Employer benefits can reduce your personal expenses and provide long-term financial security.

This is part of the BAFI Financial Literacy Framework - Module 1: Income. Free tools for VET learners and educators across 🇮🇹🇩🇪🇦🇹🇮🇪🇩🇰 Europe.

🌐 www.bafi-project.eu

#BAFI #financialliteracy #EmployeeBenefits #income #WorkRights #YouthSkills #vet #ErasmusPlus #lifeskills #financialeducation ... See MoreSee Less