Financial literacy: a shared responsibility!

Financial literacy: a shared responsibility!

Education for financial literacy is the responsibility of all of us. Give young people a chance!

Social responsibility for educating young people in finance lies with schools, parents, and the community. It is important that we collectively support initiatives that help young people acquire the skills necessary to manage their finances. The more we discuss money, investing, and budgeting, the more young people will learn and prepare for the future. Collaboration between schools, parents, and experts is key to successful education in this area.

Interested in this topic? Read more: Self-development as the key to financial independence: How schools can 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?

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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?

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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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