Germany is helping kids save money for retirement. To teach young people about saving and investing, the country plans to provide retirement pots to children 6-18-years-old who visit educational institutions. The government will provide the children with savings accounts, depositing 10 euros every month to each child. After turning 18-years-old, they can add their personal funds to the account. Any profit accrued is tax-free and the cash won’t be available until they hit the German retirement age of 67-years-old. (NBC)
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