The project considers the link between parental backgrounds, neighborhoods, schooling systems and education finance (resources, teacher shortage etc.) on education outcomes. Following evidence on the importance of investing in disadvantaged children, and influenced by research showing that differences in school quality perpetuate income inequality (Chetty et al. 2014), the focus will be on the analysis of financial educational achievement gaps, as, e.g., between children from high and low educated parents, natives and migrant youth, but also between boys and girls. The first objective will be to analyze reasons for inequality in financial education and to identify policies which are likely to have significant effects on financial planning capabilities, and help facilitate a more inclusive future society. A second goal of the proposal is the evaluation of financial frictions as a source of educational inequality.