Viva Kids World Financial Literacy

Financial Literacy

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Displaying 1- 9 of 9 Articles
  1. Girl is drying plates.

    Why Are Chores Useful?

    If children make purchasing decisions themselves, they must accept responsibility for them. However, this needs to be learned. Chores are a good opportunity for children to learn about responsibility. But what should be noted, and should you give rewards for chores? Child and family psychologist Sabine Brunner gives five tips for everyday family life.

  2. Child holds a gift in his hand.

    Cash Gifts: How to Handle Them

    For godparents and grandparents, it is often a challenge to find a suitable birthday or Christmas gift. Many decide to give a cash gift. The question then becomes, should my child be allowed to keep it all? You'll find recommendations from Pro Juventute and youth psychologist Urs Kiener here.

  3. Child plays hopscotch.

    The Balance between Saving and Spending

    Strict saving isn't always the best way for children to learn about handling money. The goal of consumer education is to develop a healthy relationship with money. Axel Dammler is a specialist in child and youth research and has worked with young people for more than 20 years. In the interview, he explains how children can learn about consumption.

  4. Should Children Be Allowed to Buy Everything with Their Own Money?

    Should Children Be Allowed to Buy Everything with Their Own Money?

    The following generally applies: Children should be free to do whatever they want with their pocket money. But parents are not always that happy about leaving purchasing decisions to their children. In his column, Daniel Betschart of Pro Juventute explains how parents can grant freedom to their children while at the same time communicating sensible consumer behavior with them.

  5. Pizza being topped.

    Where the Price Comes From: Let's Play Restaurant

    Where does the price of goods actually come from? And what's the best way to explain it to your children? One idea: Play restaurant with your child. Bake a pizza together and calculate the sale price step-by-step. Here's a guide for it.

  6. Boy and girl counting money

    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.

  7. Smiling boy with a toy sailboat

    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.

  8. 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.

  9. Girl coloring with her Mom

    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!"