Know thyself: Your finances, your decisions

Know thyself: Your finances, your decisions

Learn to understand your finances and decisions. Discover how it can change your life.

Finances are a reflection of our values and priorities. Every decision we make affects our financial future. What do you think is important? Organizing money for long-term goals, or short-term pleasure? By understanding your preferences, you will create a better budget that reflects your personality. Invest in your development and learn how to manage your money so that you feel satisfied and confident.

Interested in this topic? Read more: Financial Literacy for 16–18-Year-Olds: Practical Money Management Skills 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 you've received an unexpected financial gift. How will you use it?

Choose the answer that best describes you.

When planning your expenses, you imagine:

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If you had the opportunity to earn extra money, what would you choose?

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If you found yourself in a situation where you suddenly ran out of money, how would you react?

Choose the answer that best describes you.

When you envision your financial future in 10 years, what do you see?

Choose the answer that best describes you.

What feelings does the idea of investing money evoke in you?

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How would you react if you suddenly had to pay a high bill that you hadn't planned for?

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What do debts mean to you?

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When you have a larger sum of money with you, what is your first reaction?

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If you had the opportunity to take a financial literacy course, what would you do?

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16 – 18 years: Financial literacy and responsible management

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