Following the aftermath of the economic collapse, we have witnessed a flood of financial education programmes oriented towards students of different age groups. Consumer-side financial education interventions have the potential to increase awareness of financial products, and influence behaviour such as saving and financial planning. More precisely, in developed countries many programmes emphasise preparation for retirement, the importance of saving, and the upbringing of an informed and conscious youth. These beneficial functions of financial education are well known by scholars interested in the field. What, however, seems to have been largely ignored up to this point is the role that financial knowledge plays within the process of intergenerational life-course mobility. My recent research has therefore attempted to fill this gap by establishing a connection between financial education and the socio-economic analysis of intergenerational persistence.