Financial education in the spotlight: insights from Radio 100,7

Interview with Jerry Grbic, CEO of ABBL and President of the Fondation ABBL pour l’éducation financière, originally broadcast on Radio 100,7 on 20 March 2026

As part of the Woch vun de Suen, Luxembourg’s national financial education week, Radio 100,7 recently featured a report highlighting how children across the country are introduced to the fundamentals of money management.

The initiative, led by the Fondation ABBL pour l’éducation financière in cooperation with the Ministry of Education, Children and Youth, brings financial education directly into classrooms, with a strong focus on practical learning and real-life situations. The session featured in the Radio 100,7 report took place at École fondamentale Contern “Um Ewent”, in the class of Mme Julie Schintgen, and was delivered by Jerry Grbic together with Tobias Gansauer (DekaBank), who have been working together in this format for the fourth consecutive year.

A key moment to build financial awareness

In the interview, Jerry Grbic emphasised the importance of introducing financial education at a stage where children begin to gain independence.

At around 10 to 12 years old, pupils start to manage their own money, whether through pocket money or small personal expenses. This is a crucial moment to build awareness and encourage responsible financial behaviour.

The objective is not only to explain how money works, but to help young people develop the reflexes needed to balance spending, saving and planning ahead.

Simple lessons with long-term impact

The report also highlights an important observation: children’s expectations are often measured and realistic.

Rather than expressing excessive consumption habits, many pupils naturally demonstrate an understanding of the importance of saving or prioritising essential needs.

This confirms that financial education at this age can build on existing intuition and transform it into structured and sustainable habits.