Know your money, know yourself

Know your money, know yourself

Finance are a reflection of our values and decisions. Discover how managing money reveals your strengths.

Young people who learn about personal finance not only gain important knowledge but also get to know themselves better. By learning about their preferences and habits regarding money, they can develop critical thinking and self-awareness. Financial literacy is about more than just numbers; it's about the relationship with one's own values as well as ambitions. This blog offers practical tips to help you become the master of your money and yourself.

Interested in this topic? Read more: Financial well-being: How young people aged 16 – 18 can gain confidence with money and improve their mental well-being 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?

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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?

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

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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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