Viva Kids World Financial Literacy

Financial Literacy

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  1. Mother discussing with boy.

    Why Can't Our Family Afford That?

    Ski vacations, summer camps or a new smartphone are not exactly cheap, and so are not a matter of course for all families. How can parents explain to their children why they cannot afford certain things, or would rather not? Daniel Betschart of Pro Juventute provides an answer.

  2. Father with his daughter

    This Is How Parents Influence Their Children's Financial Decisions

    Friends, the media, and school all influence children's financial behavior. But the strongest influence on their financial decisions is still their parents. The economics education specialist Prof. Carmela Aprea says the same. In this interview, she explains how parents influence their children's financial behavior, and what needs to be taken into account in this regard.

  3. Girl thinking in front of a chalkboard.

    Five Facts about Money with Which You Can Amaze Your Child

    What Swiss coins have in common with 200 blue whales, and why you shouldn't throw away burned notes – you can use these facts to arouse your child's curiosity about money.

  4. Mother looking to the front with her daughter.

    Philosophizing with Children about Money

    What if everyone had as much money as they wanted? Does money make you happy? Can all wishes be fulfilled with money? Children need to find answers to such fundamental questions during their development. Eva Woodtli Wiggenhauser is a primary school teacher and develops teaching material for children. "Philosophizing helps children to bring order to the world," she says, and provides three tips for talking to children.

  5. 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.

  6. 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.

  7. 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.

  8. 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.

  9. 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.

  10. 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.