Financial literacy is a core life skill for participating in modern society. Children and youth are growing up in an increasingly complex world where they will eventually need to take charge of their own financial future. There are plenty of decisions involving a financial element throughout a person’s lifetime, be it financing university studies, using payment cards, buying a car in instalments, making investments, taking out a mortgage, taking out insurance or saving for retirement.  The main aim of this Youth Exchange is to improve participants’ knowledge and skills of the youth of Europe in order to empower them to take the right decisions when managing their personal finances.