Financial literacy as a term is used more and more in today's society, and only in recent years has reliable and accessible information for both adults and young people been formed. Developing professions such as a financial coach and financial consultant, from whom you can get free or paid services to become aware of and improve your financial habits, give you a good starting point to start using your resources more efficiently and give you practical tools to move towards your goals more successfully. The study about the financial literacy of young people allows to successfully draw conclusions about the availability of information, the involvement of young people and their desire to learn. Young people's knowledge of financial literacy is minimal, because their experience is mainly gained in an informal ways. The aim of the work is: to study the already available information about financial literacy and financial planning; to study the lack of students’ knowledge and sources of information about financial literacy in the world and Europe; to analyse the feedback from the students themselves in order to find out the impact of the initiative. …