Money: What goes wrong with financial education for young people
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Reading time: 4 min.
|Interest is high, but young people often don't even know the difference between stocks and funds.
By Carolina Adolf, Munich
"Anyone who can interpret poems and solve tricky math problems will also have no problems understanding insurance documents, paying bills, budgeting, and completing contracts." This statement comes from the Saxon Ministry of Education. Practical skills are taught in schools in the state, a ministry spokesperson said. For example, there is a project with the tax office. Employees go to schools and explain what a tax return is.
süeddeutsche
