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Managing child's assets correctly – tips for parents
Pocket money, a gift at Christmas, or a five-franc coin for washing the car – children have money too. But what do parents need to bear in mind with regard to child's assets? What can the money be used for and from what age do children have full control over their assets?
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Saving for children
Parents always want the best for their children. This also involves providing for their financial future: for bigger needs, their studies, driving lessons, and to get them off to a good start in life. Find out what is important when saving for children and what options there are for parents, grandparents, and godparents.
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Talking to children about debt
The boy next door who borrows money for admission to the swimming pool because he's forgotten his wallet, or a friend who needs money for the cinema: Debt quickly becomes a topic of conversation at the family dinner table. In his column, Daniel Betschart of the organization Pro Juventute explains what to focus on and how to raise children's awareness about debt.
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Trends relating to payments and the bank
Paying by fingerprint or money from the cloud – in the study "Geld-Gehirn" (money brain), the Zukunftsinstitut (Future Institute) puts forward five scenarios relating to the payments of tomorrow. In an interview, Anke Bridge Haux, Head of Digitalization & Products at Credit Suisse, gives her assessment and expresses her belief in the rise of big data and artificial intelligence.
