Saving & Investing – But the Right Way: Part 1

This course is the introduction to the "Understanding Money in Everyday Life" series and shows you the most important basics about finance – explained simply and clearly. You will learn the difference between saving and investing and when each makes sense. We will also look at how interest works and why compound interest can be so important over the long term. You will get an initial overview of ETFs, stocks, and funds – without complicated technical terms. We will also discuss typical risks such as market fluctuations or inflation. Finally, we will cover sustainable investments: What does ESG actually mean, and how can you invest your money sensibly and responsibly? The course will help you better understand your finances and make your first decisions with more confidence.