The sheer size of the topic of finance can make it hard to find a starting point so Delano selected a few sources to help those who are looking to improve their financial knowledge and apply it.

Investopedia

Baby’s first word usually is “mama” or “dada”, but less often is it “ETF”. At the top of the list is therefore a freely accessible website containing not only a treasure trove of vocabulary and definitions, but also explainer articles on finance, economy, investing and more.

An entire section of the platform is dedicated to education, accommodating readers who have zero to advanced knowledge.

What’s interesting: in addition to providing definitions, the dictionary gives bullet points on how certain elements interact with others as well as longer explanations on why they’re important.

Your Juno

Founded in 2020 by sisters Alexia and Margot de Broglie, is a financial education platform that caters to women and non-binary people, groups less likely to be included in investment literature.

The app wants to close the financial literacy gap in a fun and accessible way and has been described as the Duolingo of finance apps. While it costs £19,99/year (or £2,99/month), the app offers a week-long free trial period, where you can access bite-sized lessons written by experts, financial news and communities of like-minded people.

What’s interesting: the intuitive app design and casual tone make finance more palatable for younger crowds.

Banking websites

Another way to learn more about finance and banks is to simply return to the source itself. Indeed, websites of banks, the Big Four and financial institutions host a plethora of publications and articles on different topics, ranging from the financial market in general to personal banking advice. Some also feature content specifically written to improve financial literacy among clients.

To name but a few local examples, by ING and by Bil offer content to help clients better understand how finances work, as does the official promotion and development agency .

What’s interesting: Luxembourg websites provide information more specific to the local market, meaning they are packed with advice that can be applied more directly.

Investmate

The other app on this list is Created by investment trading platform Capital.com, the app is great for those who want to learn more about the investment sector before they dive in.

Though it is customisable for different levels of knowledge and experience, beginners will find a lot of content to discover on this free app.

What’s interesting: In addition to teaching finance jargon through easy explainers and quizzes, the platform allows those who know nothing about investments to practice with a stock market simulator. Featuring fake money to invest, of course.

ABBL website

Luxembourg banking union ABBL, as one of its aims for 2023, listed “Foster financial education”. In the of its website, the organisation therefore proposes short videos (currently only in French) and brochures on key everyday finance topics.

The ABBL also organises a “Money Week” from 20 to 24 March for children in cycle 4 (between ages 10 and 12), to help them understand the value of money and budgeting. Classrooms can register .

There are other courses currently available to more financially vulnerable groups, though a spokesperson told Delano they were hoping to extend the offer to the wider public in the future.

What’s interesting: The union offers financial education for all ages and in-person classes.

And if these sources aren’t enough, Delano over the summer of 2022 published a series of to make financial terminology more understandable. Or discover our articles