Hessian Financial Experts Provide Tips for Young People - Hessian Ministry Launches '60 Minutes for Your Finances' Lecture Series for Young Adults
The Hessian Ministry of Finance is launching an online lecture series, '60 Minutes for Your Finances', aimed at young adults. Starting on November 4 at 6:00 PM CET, the series requires no registration and will consist of four one-hour lectures. The series aims to empower young adults to manage their finances effectively.
The series will cover a wide range of topics crucial for young adults navigating the financial landscape. These include managing financial risks, understanding and handling finances in relationships, demystifying cryptocurrencies, and exploring the psychological factors that influence money decisions. Economist Andreas Hackethal from Goethe University Frankfurt will share his expertise on financial risks. He advises following two fundamental rules: avoid financial ruin and invest for returns above savings interest rates and inflation. Hackethal suggests using the Seasn app to assess lifetime wealth vulnerability and plan retirement savings.
Financial advisor Emil Nefzger of Finanztip will delve into the intricacies of finances in relationships. He recommends open and early conversations about money to prevent conflicts. Nefzger will discuss fair expense splitting and balancing finances when one partner takes on more unpaid care work.
The '60 Minutes for Your Finances' lecture series, launched by the Hessian Ministry of Finance, offers a comprehensive guide for young adults to understand and manage their finances. With experts like Andreas Hackethal and Emil Nefzger sharing their insights, the series promises to equip young adults with the knowledge and tools they need to make informed financial decisions.
