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Pocket Money: What Makes Switzerland Tick
The Credit Suisse study shows that pocket money is often the first way kids can practice money management. So what rules should be kept in mind and how much pocket money should children get? Five insights from our Credit Suisse pocket money study, and what Pro Juventute recommends on the subject.
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Saving is Easier with a Goal
Saving means having patience – a key requirement for managing money successfully. Most Swiss children and youths voluntarily set aside part of their pocket money, but for what? Daniel Betschart of Pro Juventute explains in his column how a specific goal can give kids an incentive to save for the longer term.
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Digipigi – More Than a Money Box
Digipigi is the digital money box from Credit Suisse. It was developed in conjunction with the Digipigi apps to help kids learn about money management in a fun way. Unlike a conventional money box, Digipigi not only tracks cash, but also transactions on the related accounts. It responds to activities with sounds and facial expressions. Read on to see everything Digipigi can do, and how the idea for the money box was born.
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You Can Learn to Save!
Kids must learn to save like everything else in life. Psychologist and family therapist Urs Abt explains why financial education is so important, and how parents can help their children learn about it. According to him, "Parents are an important role model!"
