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Teaching project on the subject of finance (in Frankfurt am Main 2013): "High adaptability to difficult situations"
Photo: Roland Holschneider / picture alliance / dpa
Almost all young people in Germany say that they get along well or even very well with their money.
92 percent agree with this statement - in 2018 it was only 82 percent.
That emerges from the new youth finance monitor, which was published on Monday.
Financial satisfaction has increased noticeably, although the proportion of young people with part-time jobs has decreased significantly in the same period: in 2021 only 30 percent of all young people will have a mini or part-time job, compared to 42 percent in 2018.
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»This result is due to the fact that young people were able to spend less money due to the Corona situation.
On the other hand, we recognize a high level of adaptability to the difficult situation, ”said Ole Schröder from the credit agency Schufa, which commissioned the study.
Nonetheless, the indicator for self-perceived financial competence fell: Nine out of ten young people would like money and financial topics to be taught more extensively and more than before in school.
The study
Expand areaWho carried out the survey?
The youth finance monitor was created by the Forsa survey institute on behalf of the credit agency Schufa.
How was the data collected? Expand
In June 2021, more than 1,000 young people between the ages of 16 and 25 were asked about financial and future-oriented topics.
To compare with the parents' generation, 500 adults between the ages of 40 and 55 were also interviewed.
Area How meaningful are the results? Expand
According to the authors, the selection of young study participants was representative.
Despite the economic upheaval caused by the corona crisis, the young people surveyed are, according to the information, optimistic about their professional future.
In return, their parents are predominantly pessimistic: 65 percent see more gloomy times for their children.
him / dpa
