Towards Sustainable Future: Financial Education for Low-income People in Poland

This document is a note highlighting the importance of financial education in the daily needs of low income people. The document talks about the following:

• The meaning of financial education;
• A research study carried out on diagnosis of financial educational needs of people in Poland;
• Outcomes of the research study:
  • Need for systematic savings and crisis management among the people;
  • Lack of proper understanding of services rendered by the financial institutions.
• Addressing the needs of people by introducing various financial packages;
• The financial workshops conducted for people and effectiveness of these;
• Long term financial planning for households.

The document then discusses:

• The importance of financial education for youth;
• The possible mode of delivering financial education, including information about the various potential players that can play a major role in spreading the awareness;
• The role of financial institutions in financial education and the benefits accruing to them by means of such widespread awareness.

The document concludes by providing a list of activities that should be undertaken in order to ensure a sustainable growth in financially educated population in Poland.