Financial education must go to schools

Home bias

Investors like to invest in companies around the corner, says Thomas the Sparkojote. As a Swiss citizen, he also has many Swiss stocks: “You just have to be satisfied!” How important is a home bias to...

More knowledge means more security

For many people, the stock market is too uncertain. They are afraid of losing their money. Blogger Chiara tells us how she convinced these people to take the risk anyway? How do you convince people who...

Ethical investing is a marketing gag

In a blog post, Luis Pazos deals with sin stocks. In his opinion, stocks and morals have nothing to do with each other. There is much better leverage. How do you feel about ethical investments?

No way to avoid the money

Bringing the environment closer to investment? A matter of course for Benjamin Wendt. He even shows his children his payslip and lets them work on the budget. How do you try to inspire your fellow men?

Some people think that one does not talk about money. Financial coach Claudia Müller thinks that the taboo on the subject of finance must disappear. This is their proposal to change financial literacy.

What do you wish for, how should financial education change in Germany?

Claudia Müller : The topic has to go to schools. The topic has to go to universities, training courses, vocational schools – wherever. And the taboo on the subject must disappear.

In other words, we actually have to start in elementary school, dealing with pocket money. Then in middle school the whole topic of consumption: Again, do I identify myself strongly with my new smartphone, and does that really have to be? What does it mean to buy a smartphone with zero percent financing? That is not a gift.

In high school, you can start with how the stock market works. What is a share, what is a bond? How do I do it all in a practical way? Then the topic of first salary or first own budget, first own households, first tax return – which insurance do I suddenly need now? Then: Okay, I now have a salary, how do I actually invest? Then the topic of starting a family.

It runs through all life situations. I think that if we can anchor the topic in schools, we will also loosen the taboo a bit. Then people talk about it, then children talk to their parents and so on, that’s what I want.

Popular

Home bias

Investors like to invest in companies around the corner, says Thomas the Sparkojote. As a Swiss citizen, he also has many Swiss stocks: “You just have to be satisfied!” How important is a home bias to...

More knowledge means more security

For many people, the stock market is too uncertain. They are afraid of losing their money. Blogger Chiara tells us how she convinced these people to take the risk anyway? How do you convince people who...

Ethical investing is a marketing gag

In a blog post, Luis Pazos deals with sin stocks. In his opinion, stocks and morals have nothing to do with each other. There is much better leverage. How do you feel about ethical investments?

No way to avoid the money

Bringing the environment closer to investment? A matter of course for Benjamin Wendt. He even shows his children his payslip and lets them work on the budget. How do you try to inspire your fellow men?

Get your maturity!

Two out of three women in Germany will later face poverty in old age. Money coach Dani Parthum explains how this could happen and what women can do about it so that it changes in the future.

More from author

Home bias

Investors like to invest in companies around the corner, says Thomas the Sparkojote. As a Swiss citizen, he also has many Swiss...

More knowledge means more security

For many people, the stock market is too uncertain. They are afraid of losing their money. Blogger Chiara tells us how she...

Ethical investing is a marketing gag

In a blog post, Luis Pazos deals with sin stocks. In his opinion, stocks and morals have nothing to do with each...

No way to avoid the money

Bringing the environment closer to investment? A matter of course for Benjamin Wendt. He even shows his children his payslip and lets...