Team from FEUN finalized assesment of adult Roma needs regarding financial literacy

The team of researchers from FEUN has finalized research activities focused on level of financial literacy of adult Roma and their needs regarding training on this issue. The research has been carried out from April till July including focus groups with relevant experts and interviews with Roma from Niš. The main research finding is that, although they cope with low and mostly irregular incomes, Roma have great survival strategies, but in some cases related to their tradition (e.g. family celebrations, especially weddings) they lean towards irrational spending. We have concluded that they need more education in general and especially on following topics related to financial literacy: strategic and operational planning, managing household finances, smart spending, saving, investment, start-ups and self-employment opportunities. We have also learned that they could benefit from more information on how to realize they rights based on poor socio-economic status.