It sets out the economic, societal and personal benefits of increased financial literacy and gives an overview of the provision of financial education in the EU. The Communication presents some basic principles to guide providers of financial education, based on existing best practices.

It also announces some future initiatives in this area. These initiatives range from the publication of an online reference database of financial education programmes and research to an enhancement of the existing Dolceta online education tool to help teachers to incorporate financial matters into the school curriculum