“Empowering Young People: The Importance of Distinguishing Between Consumption and Investment”

Consume or invest? We must empower young people to distinguish one from the other. In the end, it’s about independence, not about the account balance, Matthias Scheffner and I agree on that: “It may sound paradoxical, but maybe it helps if you focus your general financial education less on finances and more on an important one prerequisite for leading a good life. That’s a wish that unites us all.”

Also read: AI for the classroom