Finances have no age or gender restrictions when it comes to useful guidance.

In a world where wealth is increasingly accessible to younger generations, it's essential to equip them with the financial knowledge they need to make informed decisions. This is a lesson that has been learned by many families, as evidenced by the story of a family where all seven children were given the opportunity to study or train by their parents.

Two of the siblings chose to complete a banking apprenticeship, while four pursued economics. The family's commitment to education is commendable, but financial education is often overlooked, even within families.

This was highlighted by a high school graduate named Naina, who gained media attention for her lack of understanding about taxes, rent, and insurance. Her confusion sparked the creation of a financial education workshop called "Financial Education for Two Generations."

Naina's story is not unique. Financial planning is often not a priority within families and is not discussed extensively. However, the creation of this workshop shows that it is possible to spark interest in finance among young people.

The workshop provides an overview of economic connections and is enjoyed by both younger and older participants. It emphasises the importance of discussing money matters openly, a lesson that the family in question seems to have embraced.

The mother of the seven children, for instance, abandoned her medical studies to become a full-time mother and family organizer. This selfless decision allowed the children to focus on their studies and pursue their dreams.

The example set by this family shows that open discussions about finances can have a profound impact on a family's future. It also highlights the need for empathetic financial advisors who can help individuals develop individual solutions with trust.

Ansgar Lager, Managing Director of AL Finanzkonzepte GmbH, is one such advisor. He is in demand in every generation and across all genders, offering personalised financial advice that helps his clients achieve their life goals.

The internet may offer supposed financial advice, but translating life planning into strategic financial planning is not as simple as a click of the mouse. An empathetic advisor, like Ansgar, can help navigate the complexities of financial planning, offering advice tailored to each individual's unique circumstances.

Even in today's digital age, the importance of personal connections cannot be overstated. The story of this family shows that, with the right guidance, young people can develop a system for controlling their spending, similar to the intelligent multi-account model used by some clients in a more advanced, digital form.

In conclusion, the example set by this family, and the creation of the "Financial Education for Two Generations" workshop, demonstrate that it is possible to spark interest in finance among young people. Open discussions about finances, coupled with the guidance of empathetic financial advisors, can help equip the next generation with the financial knowledge they need to succeed.