In the recent years, there has been a growing need for education and training in economics issues, especially for vulnerable groups with limited access to education. In particular, the elderly population demonstrates a low level of financial literacy, which puts them at risk of making unsound financial decisions. Through research that has been carried out, the data confirms the worrying fact that older people do not master financial concepts such as interest compounding, inflation and risk diversification that form the basis for sensible financial decision-making. In this context, the UpSenior project addresses the difficulties faced by the social group of senior citizens in terms of financial literacy. More specifically, the project aims to strengthen the financial literacy skills of senior citizens in the age category of 55+. During the the project’s activities the senior citizens will gain knowledge and practical skills for financial documentation, boost their self-confidence through financial education, get familiarized with the various fees and the national charges. This is considered to ensure their financial security and protect them from the financial threats within the modern financial world.