All about money - Our financial literacy blog

A foreign currency loan is actually a speculative deal. The borrower hopes for interest and exchange rate advantages. But that is a risky bet.

Many young people already earn money regularly. However, this can raise the question: What do I do with my money anyway?

It’s easy to get a free account during your apprenticeship. Nevertheless, you have to be careful that you don’t end up having to pay for your account.

Money is saved, invested and spent. Banks occupy the central position in the money cycle.

Bitcoin: huge hype, almost everyone knows the name. But what exactly is virtual money and what functions does it perform?

Gross is not the same as net

If you have suffered damage, you should not be forced to bear the cost on top of it. This is what insurance companies are there for. However, you should check closely which insurance you’ll actually need.

Why do things cost what they cost? Many articles are getting more expensive, but some may become cheaper too. Why is that so?

Debt is affecting more and more young people. A budget plan helps you to keep track of your money.

Here are some tips on what you can do to make your banking transactions as secure as possible.

There is no quick route. Hardly ever, at least. To be able to afford big things, you have to save on small ones. But how to keep it up?

Who am I on the Internet and how secure is my data online?

Without sacrificing comfort, a few useful tips will help you lower your electricity bill and do something good for the environment. Just give it a try!

Blockchain is a technology that is not so easy to explain. Read here how blockchain works and what you get out of it!

Compulsive gambling, or gambling addiction, is a serious problem. Do you suspect you may be one of them?

How much is enough to get by depends on where you live – and in what circumstances. But sadly, one thing is for sure: many students and apprentices are at risk of poverty.

If you really want to get a good bargain at the sales, there are some points to consider.

A summer job will not make you super-rich, but the income will help buy something extra that you fancy.

When people say that they “put their money to work”, they often mean that they have invested it in shares or bonds on the capital market – but what does that actually mean?

What happens if you fail to pay a bill? If you spent your money on something that was more fun, for example. Or because you were simply strapped for cash. One thing is certain: Late payment will cost you.

What is “bracket creep”? It is actually nothing more than a hidden tax increase.

Who invented money? We have briefly summarized the history of money for you.

The money that banks grant as loans is not in their vaults – or only to a small extent. It is virtually created out of nothing. This is how money is created!

There is much more money in the world than all banknotes and coins put together. What? How can that be?

What do we need money for?

You want to buy something and can only pay later? Sounds great! Is it?

Those who are poor usually stay poor. Those who have enough already are getting even more. This is the current trend.

How much will an overdraft cost? The bank has offered you a free personal account. Whether or not it really remains free depends entirely on you.

Lease or buy? New or used? There are a few things to consider when buying a car.

Shares, or stocks, represent very small portions of a company. By buying them, you purchase a participating interest in the company – and have a stake in its economic performance.
Shares are certificates of participation in a company. In other words: the owner of a share of stock (shareholder) owns a small fraction of a company.

Vacation at last! We have summarized for you which cost traps you may encounter and what you should pay attention to when on vacation!

Money as such does not make you happy. But not having it makes you unhappy. This is something we know from experience, and it also had been confirmed by research studies.

Studying costs an estimated € 1000 per month. What options are there to finance your studies?

Du überlegst, an einer FH oder Uni zu studieren? Wir haben gute Gründe für dich, warum ein Studium zu dir passen könnte!

Wer Geld verleiht, trägt das Risiko, es nicht mehr zurück zu bekommen. Was hat’s hier also mit den Zinsen auf sich?