It Is Possible To Respec In Visions Of Mana, But Not Until The Late Game
Briefly

Visions of Mana looks cute and casual on the surface, but underneath lies some surprisingly deep team building. Each of the five characters can eventually equip one of eight classes, each with their own Elemental Plot invested in with Elemental Points. Unfortunately, even though spells learned by one class can carry over to another, you absolutely won't have enough Elemental Points to learn everything at once.
Visions of Mana does have a way to respec your characters, but you shouldn't count on this when building your characters. The consumable item Goddess Scales allows you to reset a character's Elemental Plot progression, but this does not show up in bulk until Chapter Seven.
I strongly recommend holding off on using Goddess Scales until you clear the main story in Visions of Mana. By the time you've obtained all eight elementals, you should be able to collect every treasure chest you see.
The other source of Goddess Scales comes from the Grizzly Exchange. You know, the shop run by the Dudbear that goes "Badu badudu bub."
Read at Kotaku
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