Change your mindset about money!

Change your mindset about money!

Do you want to have control over your finances? Here you will find practical advice for young adults!

Financial literacy is essential for success and a happy life. Young adults should learn how to manage their money, invest in the future, and make informed decisions. Schools should adopt an active approach to teaching finance, offering innovative methods and interactive programs that are fun and effective. This way, young people can gain the necessary skills and confidence needed to become responsible managers of their own finances.

Interested in this topic? Read more: Schools as accelerators of financial independence: How to teach young people to invest and manage their finances Want to find out where you stand personally? Take a short test at the end of the page and gain a better understanding.

How does this apply to you? Choose the answers that describe you best:

Imagine that you receive an unexpected financial gift equal to three months of your salary. How will you use it?

Choose the answer that best describes you.

What thoughts come to your mind when you hear the word "investing"?

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Your friend offers you to invest in his startup, but the details are unclear. How do you respond?

Choose the answer that best describes you.

Imagine that you have lost a large part of your savings due to a bad investment. How would you react?

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How do you envision your life once you achieve financial independence?

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Imagine you have €100,000 to invest. Which option would you prefer?

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What does having passive income mean to you?

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How do you handle a situation when you have no money left at the end of the month?

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How do you perceive debts and loans?

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What is the biggest financial lesson that has influenced you in your life so far?

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18 – 25 years old: Financial independence and investing

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