ERSTE Foundation Annual Report 2021

Page 40

#WissenMachtSicher* The Financial Life Park (FLiP) celebrated its fifth anniversary in 2021 with a study on young people’s financial literacy.

“Financial literacy helps you, at least as an adult, not to be completely helpless, with no clue about all the financial options available to you.”

“It would be easy to cheat me, because I have no idea how much rent is normal, how much you pay for a car, etc. I lack the context.”

“I know how to save money, but then I suddenly spend it without really realising it.”

* Knowledge Provides Security


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