FINANCIAL LITERACY

Step Forward

Financial education to empower your next steps and unlock opportunities
couple on tablet couple on tablet

The problem

The current state of financial education in Europe is well documented.

39 %

of adults (20.3 million) don't feel
confident managing their money¹

11.5 M

adults have less than
£100 in savings²

33 %

of European households are unable
to meet unexpected financial shocks³

12.4 M

forcibly displaced people in Europe needing access to their money and supporting services⁴

57.6 M

SMBs in Europe with a wide range of support and education needs⁵

Our programmes

Find out more about some of our programmes that help support communities. 

You may also be interested in these case studies

footballers warming up

Supporting female footballers in partnership with FIFA and HSBC

women in shop

Increasing financial literacy for Nordic Youth with My Monii

woman on train

Financial Literacy club

Our Promise

What we stand for

Leading by example

Footnotes:

1. The Financial Capability Survey 2018
(https://www.fincap.org.uk/en/articles/key-statistics-on-uk-financial-capability)



2. Eurostat, One in three people unable to face unexpected financial expenses
(https://ec.europa.eu/eurostat/web/products-eurostat-news/-/ddn-20200505-1#:~:text=In%20the%20European%20Union%20(EU,or%20a%20car%20in%202019)



3. Household Financial Planning Survey 2012
(https://www.forbes.com/sites/laurashin/2013/08/07/10-reasons-why-financial-plans-arent-just-for-the-1/)

4: UNHCR Global Report 2022 (Data as of end of 2022)
https://reporting.unhcr.org/global-report-2022/europe#:~:text=GLOBAL%20REPORT%202022,and%20474%2C000%20who%20were%20stateless

5: McKinsey & Company, The SMB Market for Digitization and Cloud Solutions (Data as of 2021)
https://www.mckinsey.de/~/media/mckinsey/locations/europe%20and%20middle%20east/deutschland/publikationen/2022-09-12%20the%20smb%20market%20for%20digitization%20and%20cloud%20solutions/the%20smb%20market%20for%20digitization%20and%20cloud%20solutions_vf.pdf