High Five Finance 5 Dimensions to Build a Financial Future
Project Description and Partners
Project Title: High Five Finance – 5 Dimensions to Build a Financial Future for Good
Project Number: 2026-1-LU01-KA210-YOU-000453398
High Five Finance (H5F) is a 12-month Erasmus+ Small-Scale Partnership in the field of Youth, co-funded by the European Union through the Luxembourg National Agency Anefore.
The project is coordinated by Gaia-Luxembourg, WeAreAllOneFamily – Resources and Education for Sustainability (GaiaLux), Luxembourg, in collaboration with two European partners:
Alfa Edu s.r.l. (Italy): www.alfaedu.it
MPRO (Lithuania): www.mpro.lt
Together, the partners aim to strengthen responsible financial decision-making among young people by developing a practical, five-dimensional methodology that integrates economic viability, environmental impact, social consequences, ethics and governance, and long-term resilience into financial education and youth work.
Project Overview
GaiaLux opens a new chapter in its Erasmus+ journey with the launch of High Five Finance (H5F).
H5F is a 12-month Erasmus+ small-scale partnership in the youth field which aims to empower young people to make more responsible and informed financial decisions. Going beyond traditional financial literacy topics such as budgeting and saving, High Five Finance introduces an integrated approach to money, exploring how financial choices can create economic value while considering their environmental impact, social consequences, ethical and governance standards, and long-term resilience.
The project is based on the understanding that financial decisions should not be evaluated solely in terms of costs, returns or immediate benefits. They should also be examined in relation to their environmental footprint, social implications, ethical standards, transparency and capacity to remain viable over time, since financial choices are never neutral, they shape our society, our environment and our collective well-being.
High Five Finance (H5F) aims to develop a decision-making model that brings together these five dymensions, which are all essential to create an integrated approach to responsible use of money: (i) Economic viability, (ii) Environmental impact, (iii) Social consequences, (iv) Ethics and governance, (v) Long-term resilience.
Target groups
The primary target group consists of youth workers, trainers, facilitators, coordinators and educators working with young people aged approximately 15–30. Although these professionals may be familiar with basic financial education, many have limited formal training in finance, economics or investment analysis. They may therefore need additional tools to address topics such as income generation, cost structures, cash flow, risk assessment, financial sustainability, governance and the credibility of environmental claims.
High Five Finance will equip these professionals with a structured, accessible and transferable methodology that can be integrated into non-formal education activities.
Young people are the ultimate beneficiaries, particularly those with limited access to formal financial education, including economically vulnerable and rural youth. In an increasingly complex financial and digital environment, they encounter crowdfunding campaigns, sustainability-labelled products, digital financial platforms and investment-related content, often without a clear framework for assessing their reliability and implications.
The project will help young people move from basic financial awareness towards informed and independent decision-making, enabling them to evaluate whether a proposal is economically sound, environmentally credible, socially responsible, ethically governed and resilient in the long term.
Project Objectives
Objective 1 – Strengthen youth workers’ capacity to teach responsible financial decision-making
The project will enhance youth workers’ financial knowledge and practical teaching skills, extending beyond personal budgeting and saving. Participants will learn to explain how initiatives generate income, how costs and cash flow are structured, how risks can be identified and how long-term financial viability can be assessed.
They will also develop the capacity to connect financial analysis with environmental, social, ethical and governance considerations, enabling them to facilitate a more comprehensive and responsible approach to financial reasoning in non-formal education.
Objective 2 – Enable young people to apply the five-dimension model independently
The project will empower young people to use the five-dimension framework to assess real-life projects, initiatives and financial proposals before making decisions.
They will learn to identify strengths and risks, distinguish credible sustainability claims from misleading information, examine transparency and accountability, and consider long-term resilience. They will also practise justifying their conclusions with evidence and arguments drawn from the different dimensions, rather than relying solely on personal impressions or isolated financial indicators.
The objective is to establish a repeatable decision-making process that young people can use independently in different financial and everyday contexts.
Objective 3 – Embed the methodology in regular youth work practice
High Five Finance aims to develop and validate a practical learning methodology that partner organisations can continue using beyond the project’s lifetime.
The five-dimension framework will be translated into professional guidance for youth workers, youth-friendly learning resources and hands-on, cardboard-based facilitation tools. Through testing and refinement across partner countries, the project will establish a transferable approach that can be integrated into existing youth activities and adapted to different educational settings.
This institutional dimension will support the long-term sustainability of the results and contribute to the quality, innovation and relevance of financial education in youth work.
