Many parents in Switzerland start planning for their children’s financial future at an early stage. They save regularly, put money aside and think long-term. But one key question is becoming increasingly important:
Is saving enough these days to build up real financial security?
The short answer: often not. That is precisely why investing for children is becoming increasingly important.
Why traditional saving is reaching its limits
Saving is and always will be a key component of any sound financial strategy. Building up targeted savings provides security. However, when it comes to planning for the future, traditional saving has its limitations.
Interest rates on savings accounts have been very low for years, whilst at the same time inflation means that money loses purchasing power over time. In practical terms, this means that even if the amount in the account remains the same, its real value decreases.
This is a crucial point, particularly for families who wish to build up assets for their children over many years. Without growth, it becomes difficult to reliably finance long-term goals such as education or major purchases.
Here are the three key tips to bear in mind when saving for your child.
Investing for children: building wealth rather than just preserving it
Unlike saving, investing offers the opportunity to actively put your money to work for you. This involves spreading your capital widely across the market, for example across a range of companies. The aim is to achieve a positive return over time.
This approach is particularly exciting for children, as they have a crucial advantage: time. Those who start early benefit from the so-called compound interest effect over the years. This ensures that not only does the money originally invested grow, but the returns generated also in turn generate further returns.
In this way, wealth is built up step by step – even if the monthly contributions are relatively small.
The savings plan: the easiest way to invest
For many families, investing may initially sound complicated or time-consuming. But that’s not the case with a savings plan. A savings plan means that a fixed amount is invested regularly – for example, every month. Once set up, everything runs automatically. There’s no need to constantly monitor the market.
The regularity reduces the risk of making the wrong decisions due to short-term market fluctuations. This is an ideal solution, particularly for parents who do not want to deal with financial matters on a daily basis.
Investing money for children – simple and practical
This is where Clanq comes in. The app has been specially developed for families and combines traditional saving with modern investment opportunities.
In practical terms, this means you can not only put money aside, but also ensure that it grows over the long term. We’ve deliberately kept it simple to get started, so even parents with no prior knowledge can get going without any hassle.
In just a few steps, you can set up a savings plan that runs automatically. This allows you to build up your wealth steadily over time – without any extra effort in your day-to-day life.
This makes investing accessible and practical for families.
Safety as a cornerstone
Trust plays a crucial role, especially when it comes to children and long-term goals. Parents want to be sure that their money is in safe hands.
That is why Clanq works with Cornèr Bank and adheres to high regulatory standards. This gives you the assurance that both savings and investment processes are handled professionally and reliably. With Cornèr Accumulation Fonds, you can choose from two different risk profiles, both of which are broadly diversified. Once selected and set up, you don’t have to worry about a thing.
This allows you to focus on what really matters: your child’s future.
Why it’s particularly worth starting early
When it comes to investing, there is one principle that is repeatedly borne out: a long time horizon is more important than picking the perfect entry point.
Those who start early can build up a considerable fortune over the years, even with small amounts. Conversely, starting late often means that significantly larger sums must be invested to achieve the same goal.
For families, this results in a clear strategy: start as early as possible, invest regularly and think long-term.
Get started now and shape the future
If you start today, you’ll lay the foundations for tomorrow. With Clanq, you can get started straight away, set up a savings plan and build up a nest egg for your child step by step.
Clanq cashback turbo: Don’t just collect cashback – invest it straight away – so your wealth grows with every purchase, almost without you noticing.
You can find more information about the Cornèr savings plan at www.clanq.ch/en/invest.
Please note: Investments involve risks. The value of your investments may fluctuate.
