What parents need to know about investments
Interview with Sascha Kever, CIO of Cornèr Bank Der Beitrag What parents need to know about investments erschien zuerst auf Clanq.
Is investing suitable for families? And what exactly is the Cornèr Accumulation Fonds that Clanq is now offering? We spoke to someone who knows: Sascha Kever, CIO of Cornèr Bank, explains why you don’t need to fear market fluctuations when investing, why time is your most valuable ally, and how you can lay the foundations for your child’s financial freedom with monthly contributions. <img fetchpriority="high" decoding="async" aria-describedby="caption-attachment-6896" class="wp-image-6896 size-medium" src="https://clanq.ch/wp-content/uploads/2026/06/SK-Portrait-square-300x300.png" alt="As Chief Investment Officer (CIO), Sascha Kever oversees the development and implementation of Cornèr Bank’s investment strategy. " width="300" height="300" srcset="https://clanq.ch/wp-content/uploads/2026/06/SK-Portrait-square-300x300.png 300w, https://clanq.ch/wp-content/uploads/2026/06/SK-Portrait-square-1024x1024.png 1024w, https://clanq.ch/wp-content/uploads/2026/06/SK-Portrait-square-150x150.png 150w, https://clanq.ch/wp-content/uploads/2026/06/SK-Portrait-square-768x768.png 768w, https://clanq.ch/wp-content/uploads/2026/06/SK-Portrait-square-1536x1536.png 1536w, https://clanq.ch/wp-content/uploads/2026/06/SK-Portrait-square-400x400.png 400w, https://clanq.ch/wp-content/uploads/2026/06/SK-Portrait-square.png 2000w" sizes="(max-width: 300px) 100vw, 300px" /> As Chief Investment Officer (CIO), Sascha Kever oversees the development and implementation of Cornèr Bank’s investment strategy. Clanq: We’re currently seeing everything becoming more expensive. How can we ensure that our children’s savings will still be worth the same in 10 or 20 years’ time as they are today? Sascha Kever: Inflation – that is, the trend of rising prices – is gradually eroding purchasing power. You can no longer buy the same amount of food with 100 francs today as you could 20 years ago. For over a decade, interest rates in Switzerland have fallen to near zero and have even been negative at times. This poses a significant disadvantage for anyone who keeps their money in a savings account. It therefore makes particular sense to invest money in real assets, such as shares. Whilst these do not offer perfect protection, they do provide effective indirect protection against inflation and are thus an essential component of long-term financial planning. Clanq: Many parents are wary of stock market fluctuations. How should parents deal with the typical ups and downs of the economy? Sascha Kever: Markets move in cycles – they never go up in a straight line. Investing always involves putting up with temporary price fluctuations. The important thing is: the past is never a guarantee of the future. But history shows us that those who invest for the long term usually come out on top. With an investment horizon of at least 5 to 7 years, these cycles historically even themselves out. As parents usually have 10 or even 18 years to save for their children, this condition is met. Time is the decisive factor that mitigates risk. Clanq: Many people wait for the «perfect moment» to enter the stock market – for example, when prices are low. Is that a bad idea? Sascha Kever: The best time is as early as possible. As market movements cannot be predicted, waiting – for instance, for the next correction – often means missing out on the valuable time effect. The duration of the investment in particular tends to be the most important factor for returns and performance: the longer the investment period, the more likely you are to benefit from an attractive average price, thereby minimising the risk of an unfavourable entry point. Clanq: Which investment is the better choice for children’s future – a single share or a fund? Sascha Kever: A fund contains a wide variety of different securities, thereby significantly reducing risk. You are not dependent on the performance of a single share or a small group of stocks, but benefit from the performance of the entire market. This is ideal for a savings plan, as you do not have to constantly monitor the markets yourself. One might think that investing in a single, currently solid company offers a long-term guarantee. However, stock market trends show that many market leaders from the start of this century now play hardly any role at all. At the same time, new sectors and companies are constantly emerging and growing rapidly. With a fund, you are automatically broadly diversified and participate in these new developments. Clanq: The Cornèr Accumulation Fonds is actively managed. What does that mean? Sascha Kever: There are active and passive funds. The latter aim to replicate the market in which they invest on a one-to-one basis by tracking the performance of a specific index. An actively managed fund, on the other hand, aims to achieve a return that exceeds that of the benchmark market. This is achieved through targeted decisions by the fund management team, which sets priorities based on market analysis and the specific selection of individual shares. Due to this active selection process and continuous market analysis, actively managed funds generally involve slightly higher costs. However, one can expect a higher return. Clanq: The Cornèr Accumulation Fonds offers two risk profiles, Swiss Dynamic and Global Dynamic. What is the difference? Sascha Kever: The two funds differ primarily in their regional focus and their specific investment philosophies. The CB-Accent Lux Swiss Equity focuses entirely on the Swiss market. The aim of this fund is to invest specifically in shares of domestic companies, with selection based on fundamental analysis. The main focus is therefore on closely examining the economic fundamentals and key figures of Swiss companies in order to identify the most attractive stocks for the portfolio. In contrast, the CB-Accent Lux AcrossGen Global Equity Fund takes a global approach with a very specific strategy. As the name «Across Generation» suggests, this fund invests globally in companies that are predominantly owned by the founding families and are often managed across generations. Such family businesses are typically characterised by their long-standing experience, a shared decision-making culture and close relationships built on trust. Clanq: How do the two funds differ in terms of risk and price fluctuations? Sascha Kever: The Swiss equity market is generally characterised by lower volatility and particular resilience. At the same time, the structure of the Swiss economy means that the market has a lower weighting in the technology and growth sectors, which is why the Swiss product tends to be regarded as less risky. The global fund, on the other hand, offers broader sectoral and currency-specific diversification, as it reflects a more diverse economy. The management team employs an active strategy here: through targeted stock selection, they seek out industry leaders that demonstrate a clear competitive advantage, a solid balance sheet and above-average growth potential. As this fund invests globally and thus covers a broader spectrum, its performance tends to be slightly more volatile than that of the Swiss fund. Generally speaking, the longer and more diversified your investment, the higher the expected returns and the lower the risk. Clanq: We often save for specific goals such as our children’s studies or their first home. Why isn’t a savings account sufficient for this? Sascha Kever: Anyone who simply leaves their savings in an account benefits from very low potential returns, which are often not even sufficient to maintain the purchasing power of the capital. It is therefore likely that funds set aside today, for example for education or as a deposit on a first small flat, will no longer serve the same purpose in 20 years’ time. Investments, on the other hand, enable you to participate in the development of the economy and the markets, and, not least, offer important protection against the erosion of purchasing power. Clanq: What are the typical mistakes or risks that families should avoid when making a long-term investment? Sascha Kever: Essentially, four main factors can be identified: Firstly, broad diversification is crucial; one should not put all one’s eggs in one basket, especially if that single product lacks sufficient diversification. Secondly, one should not be guided by emotions. Markets can experience periods of high volatility – such as in the recent past during the pandemic or as a result of geopolitical tensions – but have, so far, always recovered significantly. A panic sell-off is therefore neither rational nor advisable. Thirdly, it is important to keep an eye on the effects of inflation and the costs incurred, as these can erode part of your capital over the long term. Finally, you should always invest only within the limits of your own financial means. This helps you avoid being forced to sell during financially difficult periods, which could jeopardise your entire investment plan. Conclusion: The best time to invest is now As Sascha Kever made clear in the interview, time is the most important factor when it comes to investing. Those who are saving for their children have the luxury of a long investment horizon – and thus the chance to sit out market fluctuations calmly and benefit fully from the compound interest effect. The traditional savings account is a useful addition, but for the big dreams of tomorrow – be it university, a first home or financial independence – an inflation-proof solution is needed. Interested? Secure 250 CHF in start-up capital for your investment account. Find out more at: clanq.ch/en/invest Der Beitrag What parents need to know about investments erschien zuerst auf Clanq.
Building wealth in the long term Der Beitrag Investing for children erschien zuerst auf Clanq.
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. Der Beitrag Investing for children erschien zuerst auf Clanq.
Rethinking family finances Der Beitrag Why mothers play a key role in finances erschien zuerst auf Clanq.
I’ve spoken to lots of young mothers recently. Events like trade fairs are a fantastic opportunity for me to have face-to-face conversations. I’m sure I’ve spoken to at least 100 women aged between 25 and 35 about finances over the last few weeks. One thing in particular gave me pause for thought: Many women told me that their partner was mainly responsible for the family finances, or that they had to discuss financial decisions with him first. This is a wake-up call. Not because it is wrong to make decisions together – on the contrary. But because financial responsibility is still unevenly distributed, even in young families. Apparently, in many Swiss families, the topic of finances is delegated to the man – he takes the lead in dealing with insurance, investments and retirement planning. But blindly relying on someone else for long-term security is not a sustainable strategy for anyone. It is a risk. That is why mothers should actively engage with finances 1. Independence creates security Life cannot be planned. Whether it’s career changes, separation or unexpected events – having a clear financial overview isn’t just a «nice-to-have», but an important foundation for security and self-determination. 2. Shared responsibility strengthens the family Finances aren’t a «his» or »hers» issue – they’re a family issue. Open conversations about money create transparency, trust and better decisions. Family finances should be managed together. Here are our tips for managing money wisely. 3. Role models shape our children Children learn not through words, but through behaviour. When they see both parents managing money consciously, planning and making decisions, they develop a healthy relationship with finances from an early age. Remember: it’s not about doing everything perfectly. It’s about taking the topic of money out of the taboo zone and making it a natural part of your family life. How to lay the foundations for your family’s financial future today True partnership means managing finances together, but with individual insight. When both parents are financially independent, this not only creates security but also sets the best example for the children. 1. Sharing knowledge rather than delegating Financial matters often seem complex, but autonomy starts with knowing your own figures. It’s not about who earns more, but that both of you know the state of the family finances and your personal security. Of course, not everyone needs to become a financial expert. It’s more about dialogue within the family and keeping track of your own money. So take stock regularly and create transparency regarding accounts, pension gaps and savings goals. This check is exactly what is needed for Financial Wellness. Pro tip: Clanq can support you here as a shared dashboard for savings goals. 2. Acquire basic financial knowledge In our blog articles, we regularly share knowledge on the topic of finance. And in Clanq Kids Banking, you’ll find tools and stories to help you pass on financial topics to your children in a simple and playful way. But you’re also welcome to learn about and talk about money outside your relationship. Discuss it with your friends and draw inspiration from how others manage their finances. This can’t do any harm to your own approach to money, and you can give each other tips. Different perspectives also lead to better decisions, greater stability and clearer goals. 3. Be a role model: demonstrate financial responsibility Children learn by example. When they see both parents actively managing finances, negotiating and saving, they develop a healthy understanding of money. They learn that financial responsibility is not a question of role or gender. You can discuss financial matters as a family in an age-appropriate way over dinner. This does not mean that children need to know the exact figures. But they should understand why the family cannot afford everything, for example, or where the priorities lie. In this way, you convey a vision of self-determination and show that shaping the future is an active decision made by both parents. Conclusion: Family finances work best when both parents are involved When family finances become a shared topic, it changes not only how money is managed, but also the sense of security, partnership and responsibility within the family. Financial self-determination and knowledge can really touch your heart – so get it right from the start and talk about it! Der Beitrag Why mothers play a key role in finances erschien zuerst auf Clanq.
Update 2026 Der Beitrag Clanq, the finance app for families erschien zuerst auf Clanq.
Since our successful launch in Switzerland in July 2024, we have been continuously refining the Clanq app. From the very beginning, our aim has been to provide families with a smart combination of everyday financial tools that make daily life easier. We now have a number of useful features that help us achieve this. How exactly? We’d like to explain that to you in this blog post. No money to save? You’re not alone… In fact, 60% of parents in Switzerland struggle to provide financially for their children. There aren’t large sums available to save, so the plan is simply put off until later. Yet even small amounts can add up to considerable sums over the years – if you just start saving early! And this is exactly where Clanq comes in: our app makes saving child’s play for parents, even before the child is born. How does Clanq work? Clanq is a Swiss family banking app that combines cashback savings with modern financial education. With every purchase made using the Clanq debit card, you get money back – between 1% and 25%, depending on the shop. The money goes straight into your child’s digital piggy bank. You can create multiple piggy banks and manage your financial goals clearly. How can I make saving a breeze? Many parents know the drill: you plan to put something aside each month, but everyday life gets in the way. With Clanq, it’s different because saving isn’t an extra effort – it happens automatically as you pay for everyday things. Thanks to the cashback system, a small percentage is automatically transferred back to your child’s digital piggy bank whenever you shop. Whether it’s the weekly shop or new children’s shoes – the balance grows steadily without you having to manually reallocate your budget. It’s a simple way to save for the future, showing that even many small amounts can build a solid foundation over time. Where does the name «Clanq» actually come from? The name says it all: Clanq is derived from «clan». We firmly believe that it takes a whole village to raise a child. That’s why our app is designed to make saving within the family clan easier than ever. Not just parents, but also grandparents, godparents and other relatives can become part of the clan. To help the children’s digital piggy banks fill up even faster, there’s the «card with heart»: this is a credit card specifically for clan members. With every everyday payment, they automatically collect cashback for the children’s future. This turns saving into a shared family project. Find out more about saving within the family clan. Does Clanq also offer solutions for children? Yes, with our «Kids Banking Lite» approach, we introduce children to the world of finance in a playful way. At the heart of this is our mascot Clarry, who accompanies the little ones on their journey of discovery in our e-books. In the app, children can watch their savings grow in their own savings barrels – whether through gifts from godparents or by doing small tasks around the house. This focus on visualisation and rewards helps children develop an initial sense of the value of money and achieving goals. It is a secure, purely digital learning environment that lays the foundation for financial literacy even before the first bank card is used. Find out more about Clanq Kids Banking Lite. How much does a Clanq account cost? From 1 April 2026, there will be two different packages to choose from. Clanq Basic: The basic package is free of charge. It includes 1 main account with a debit card and up to 5 savings accounts or «digital piggy banks» for the children. You can collect cashback at over 70 partner shops. Ideal for trying it out with no obligation! Clanq Premium: For CHF 5 per month, you get a few extras on top. The main advantage of Clanq Premium is the universal 1% cashback on every purchase. New clothes, the weekly shop, family holidays, streaming subscriptions – it all adds up! You can find further information at clanq.ch/en/costs How much cashback do I actually get? You get the most cashback in the Clanq Shop: 25% on EVERYTHING. Visit the Clanq Shop. Clanq’s cashback partners decide for themselves how much cashback they want to offer and can change this at any time. Rates range from 1% to 25%. On average, it’s 8%. You can find an overview of all partners here. For Premium customers: standard 1% cashback on every purchase. Don’t forget to always pay with your Clanq card! By the way: to collect cashback, you don’t need to sign up or register anywhere, click on any special links or convert points back into cash in any way. Your cashback is automatically credited to your child’s digital piggy bank – in nothing other than Swiss francs. Are you planning to have a child or are you pregnant? Then you can start collecting cashback right now by opening a safe for the future. And soon you’ll be able to automatically invest your cashback and savings. More on this in the next blog post. How safe is my money with Clanq? Your money is 100% safe in your Clanq account. We work with the established Swiss Cornèr Bank, which holds all necessary licences and is strictly regulated. As a partner of Cornèr Bank, Clanq AG is a member of the Esisuisse deposit protection scheme. This means that deposited funds are protected up to 100‘000 CHF. All our partners and their entire infrastructure are based in Switzerland or Europe. This means you benefit from the highest security standards at Clanq. Clanq at a glance: The essentials for families In summary, Clanq lays the financial foundation for your children without complicating your daily life. Here is an overview of the key points: A smart market launch: Clanq has been operating in Switzerland as a specialist family banking app since July 2024. Automatic saving: Thanks to the cashback system, your children’s digital piggy bank grows all by itself with every purchase. Extra cashback: Depending on the partner, you’ll get between 1% and 25% of the purchase amount back. Saving within the family clan: The name Clanq (from «clan») brings the whole family together. Thanks to the «card with a heart», grandparents and godparents can also automatically collect cashback for the children. Fun financial education: With mascot Clarry and digital savings barrels, children learn the value of money – a safe introduction with «Clanq Kids Banking Lite». Suitable packages: You can choose between the free Clanq Basic and the enhanced Clanq Premium for CHF 5 per month (including 1% universal cashback). Guaranteed security: Your funds are protected up to 100‘000 CHF through our partnership with Cornèr Bank and the Swiss Deposit Guarantee Scheme (Esisuisse). Der Beitrag Clanq, the finance app for families erschien zuerst auf Clanq.
How children learn to save money through play
Achieving goals while having fun Der Beitrag How children learn to save money through play erschien zuerst auf Clanq.
«Can I have this? Please!» – All parents are familiar with this phrase. But in a world full of temptations, contactless payments and online shopping, how do you teach children the true value of money? The key lies not in complicated explanations, but in tangible experiences of success. Saving is more than just «putting money aside» Saving is one of the most important lessons in self-efficacy for children. When a child learns to resist an impulse (the little toy now) in order to achieve a bigger goal (the cool bike later), it strengthens their frustration tolerance and self-confidence. The following three steps are recommended for educational purposes: Visualisation: A savings goal needs a face. Whether it’s a photo on the fridge or digitally in a savings app, the goal must be clearly stated and visible. Specific goals: «For later» is too vague. «For a new skateboard for this summer» is a plan. Regularity: Small amounts that grow steadily show the child that consistency pays off. Keep it up! Here are a few more tips on what pocket money is all about. Mastering the transition to digital In Switzerland, we often pay by card or smartphone. When children only see their parents holding their mobile phone or a plastic card to a terminal, and it beeps, they lack a physical connection to the value. Money seems like an infinite resource that simply comes out of a device. To help children understand the concept of «invisible» money, a combination of haptics and apps can help them learn about finance. Despite the digital age, children initially need something real in their hands to get a feel for quantities and scarcity. This is exactly where our Clanq app solution comes in: with Kids Banking Lite, we offer a protected space where children can document their savings in digital «piggy banks» on their parents’ smartphones. This allows them to see exactly how their small fortune is growing on the screen. At the same time, they keep the same amount in real coins and notes in a physical piggy bank. One barrel for every dream Why save for just one thing? Children often have many different dreams at once – from a small set of toy figures to a bigger wish like a new bike. To help your child learn how to set priorities and keep track, you can create an individual savings barrel for every wish in the Clanq app. Not only is this clearer, but it’s also incredibly motivating: your child can see exactly how much money is in each barrel and which one is closest to the finish line. This turns a vague saving process into targeted planning for their own dreams. Craft session: the money box for your desk It is particularly important for younger children who are just beginning to learn how to handle money to have something tangible in their hands. Download our craft instructions for your saving barrel here. Print out the instructions, craft the saving barrel – or several saving barrels – together with your child and use it for «real money». Meanwhile, you’re tracking the amounts digitally in the Clanq app. Pro tip: You can get 10% cashback on craft supplies from our cashback partner basteldepot.ch. Conclusion: celebrate successes Whether it’s 50 centimes or 5 francs, the most important thing is the moment when the goal is achieved. Celebrate this success together! Because children who learn that they can fulfil their wishes through their own efforts will also maintain a relaxed and sensible approach to finances as adults. Der Beitrag How children learn to save money through play erschien zuerst auf Clanq.
How to succeed with household chores Der Beitrag Tasks – small helpers, big impact erschien zuerst auf Clanq.
Involving children in household chores from an early age is more than just a relief for parents. It’s a valuable lesson for life. By doing household chores, children learn to take responsibility, develop independence, and strengthen their self-esteem. To ensure that chores do not become a daily struggle, clear structures and the right attitude are crucial. As with many other parenting issues, you as a mother or father need to think in advance about what your goal is and how dealing with regular chores fits into your family. You can then discuss with your children what tasks need to be done and who will take on what. Not every household chore is a «task» Household chores, such as clearing away your own plate after a meal, shouldn’t be linked to rewards such as pocket money or media time. These are part of everyday family life. Additional tasks, such as cleaning windows or bundling newspapers, can be rewarded. Other possible tasks include setting the table, watering flowers, feeding pets, tidying rooms, replacing empty toilet rolls, emptying the dishwasher, etc. A list of tasks makes everything clear A task chart, which shows or lists what needs to be done, is particularly helpful for younger children. It provides clarity and a clear overview. I must admit that I have only ever used a task chart in my work as a teacher. In the classroom, it was a matter of course. At home, it was only when writing this blog that I consciously considered the concept of a task chart. Perhaps this is because I only have one child, and I have always involved him in household chores in an age-appropriate way from the very beginning. For me, the focus was on working together and setting an example of tidiness. My son is now nine years old, and it is becoming more and more common for him to want to cook, clear the table, or tidy his room on his own initiative. We’ll see whether this continues or changes as he gets older… Our tip: Kids Banking app In our Kids Banking app, parents can individually record paid tasks with their children and pay them their wages once the work is done. This feature is a great way to show children how they can generate additional income on top of their pocket money. In the app, you can create tasks with your child and specify exactly how much they will receive from you for each one. At first, the money is paid out in cash, and later, when your child gets their own digital wallet (from around 7 years of age), it is automatically loaded onto it when the task is completed. With this list of tasks, which you can also describe in detail – this is very important for some children – you have an agreement with your child that both parties should stick to. Since your child does not have access to the Clanq app, you can conveniently print out the list and hang it up. In a well-chosen place, it will remind you both of the agreed tasks. Have fun completing the extra tasks that will make your child realise how much money is worth! Der Beitrag Tasks – small helpers, big impact erschien zuerst auf Clanq.
Christmas: Financial education during the festive season
Children and the value of money Der Beitrag Christmas: Financial education during the festive season erschien zuerst auf Clanq.
The fairy lights are shining, the first gingerbread has been bought, and advertising everywhere whispers the same message: more is better. For your child, this is a confusing explosion of desires. For you as a parent, the pressure to resist this consumer frenzy often grows. What if Christmas suddenly feels more like a chore than a real treat? Your path to a mindful celebration At Clanq, we believe that Christmas is as unique as your family. It can also be simple, quiet, and, above all, loving. Of course, gifts are part of it – but the story behind them is much more important. Especially now, with the flood of gifts, it is clear how valuable everyday financial education is. Children often experience money as something abstract: card, app, click – and there it is. But when you talk together about wishes, budgets, savings goals, and decisions, money becomes tangible again – even digital money. Here are 7 tips on how children can learn to handle money. Savings goals instead of shopping stress Wishes need to be planned! Whether with a traditional piggy bank or digital aids such as Clanq Kids Banking Lite, when your child sees the saving barrel filling up and getting closer to their goal, they develop a real sense of responsibility. Those who save for a wish themselves experience the joy of having achieved it through their own efforts. This is not deprivation, but pure self-determination. It changes their attitude towards consumption in the long term. Our tip: Start the Christmas season with a family discussion. What is really important to us this year? What is our budget for gifts, and who do we want to give gifts to? This honest exchange creates closeness, helps your child set priorities, and understand compromises. The true value lies in the experience There are some things you can’t buy. Time spent together, experiences, and special moments are priceless and become the most beautiful memories. Shift the focus from having to experiencing. Christmas can sparkle – but it doesn’t have to dazzle you. If you talk openly about money and values in your family, your child will learn to make conscious choices instead of buying impulsively. And in the end, the best gift is knowing what is really important to you, and that, despite all the Christmas magic, you have learned together to be mindful and conscious about money. Learn more about financial wellness and why it’s important not only at Christmas time. Der Beitrag Christmas: Financial education during the festive season erschien zuerst auf Clanq.
Children should gain their own experience with money at an early age
When is the best time to start? Der Beitrag Children should gain their own experience with money at an early age erschien zuerst auf Clanq.
Imagine this: your six-year-old child receives their first pocket money and rushes into the shop. Their goal: the giant LEGO dragon! What happens instead? They buy three tiny packets of chewing gum that are soft after ten minutes – and the dragon remains out of reach. The result: tears of realisation and an empty wallet. That’s exactly the point: these small, painful failures are worth their weight in gold! Because as long as the financial decisions are still manageable, it’s perfectly fine (and even important!) for your child to learn through trial and error. Failure with chewing gum is painful, but harmless. Failure with the first rent is more complicated. The right way to handle money is not innate, but a skill that everyone must learn. This includes setting priorities, budgeting and using money responsibly. Early experiences with money allow children to learn the consequences of bad decisions with small amounts before they have more serious consequences in adulthood. It is best for parents to give their children more and more responsibility in many small steps. And the earlier you start, the more small steps are possible. What does «early» mean? The age at which children should have their first experiences with money is very individual. Children are not all at the same stage at the same age, and not all parents think the same time is right. Although every child has their own pace – and you as a parent know best when your child is ready – you can use the following rule of thumb as a guide: We recommend systematically teaching children to take responsibility for their own money by the time they start school (around the age of 6) at the latest. At this age, children develop the necessary understanding of numbers and are mature enough to grasp the connections between desires, saving and spending. Start with small weekly pocket money amounts so that your child can learn to manage their own budget in short, manageable steps. This is what matters when it comes to pocket money. Clanq Kids Banking supports you The Clanq app makes the process of learning about money tangible. Whether it’s their first small purchase or saving for a bigger goal, Clanq Kids Banking Lite offers a well-structured framework for their first experiences with money. With the help of digital piggy banks and chores, children learn first-hand what it means to have money at their disposal, to spend it or to save it. Parents accompany them every step of the way. To support this important lesson in «spending and saving», we have developed an exclusive e-book series. In illustrated stories, our St. Bernard puppy Clarry experiences adventures related to money. This allows you to teach your child the basics of the financial world – from «Why does this cost money?» to «How do I save properly?» – in a way that is fun and memorable. You can find all the books directly in the Clanq app and start reading aloud at any time! A tangible start with physical money As a former primary school teacher, I am an advocate of making things that need to be learned tangible first. That’s why I am absolutely in favour of children holding their money physically in their hands at first. Parents show their children the individual processes in parallel in the Clanq app. This allows children to develop a solid understanding of physical and digital money right from the start. Once this understanding is established, you can move on to the next step: Clanq Kids Banking with your child’s own digital wallet. Digital money as a challenge in financial education «When you need money, you go to the cash machine and take it out.» «Just order the jumper online, then the postman will bring it, and you won’t have to spend any money.» These are just two of many things I’ve heard children say. At first, I had to smile, but at the same time I realised how important it is for children to understand that you have to work for money and that it can run out – even if you spend it digitally. Coming soon: The digital wallet Clanq Kids Banking is a simple and straightforward way to give children experience with digital money and to give them more and more responsibility in a way that is tailored to their individual needs. It is perfect for children who can do arithmetic and have already had their first experiences with physical money. We have just launched the Lite version. Kids Banking Lite with «Clarry», the digital wallet for children, will follow in early 2026. I am already looking forward to our first experiences with it! Further information on Clanq Kids Banking: clanq.ch/en/kids-banking Der Beitrag Children should gain their own experience with money at an early age erschien zuerst auf Clanq.
Meaning and why it is important Der Beitrag What is Financial Wellness? erschien zuerst auf Clanq.
When you hear “wellness”, you might think of a relaxing day at the spa with soothing music. But unfortunately, financial wellness isn’t about bubble baths and massages (although we parents could definitely use that too). Instead, we’re talking about something that sounds less relaxing at first glance, but is just as beneficial in the long run: healthy financial planning. Financial wellness means that you have your finances under control so that they don’t cause you stress – and that can be a real game changer for parents. With all the things parents have to organise, plan and keep an eye on, financial health often takes a back seat. But this is exactly where the concept of financial wellness comes in: It’s about not just keeping your head above water in the short term, but leading a stable, stress-free financial life in the long term. This is essential for families in particular. Of course, financial wellness does not mean that you have to be rich. Rather, it’s about having control over your own money and making financial decisions with a sense of security. In short: money should not be a stress factor, but a tool that you can use to actively shape your future. Tip: Here you can find out how to monitor your budget. Why is financial wellness so important for parents in particular? As a parent, you are not only responsible for yourself, but also for your children. Financial worries can also have an impact on the family. If you regularly worry about bills, debts or unforeseen expenses, you will experience more stress – and this can put a strain on the whole family in the long term. A good financial basis means: More security: you are prepared for unforeseen events and can cushion financial bottlenecks. More freedom: You can offer your children more options – be it in terms of leisure activities, education or little extra wishes. More role model function: Children learn from their parents how to handle money. A conscious approach to finances lays the foundation for your child’s future. Speaking of role models: More on this and other tips on how children learn how to handle money. 5 tips for more financial wellness as a family Define savings goals: Set clear savings goals for yourself and your family, e.g. for your children’s education or unexpected expenses. Use tools like Clanq to easily integrate saving into your everyday life. Build up a nest egg: An ironclad reserve of around 3 to 6 months’ salary will help you to cope with unforeseen costs without panicking. Keep an eye on income and expenditure: Good budget planning shows you where you can make savings and where money can be put to good use. Save for your children early on: Even small amounts that you put aside regularly will build up a solid cushion over the years. Discuss finances as a family: Children should learn how to handle money at an early age. Age-appropriate conversations and playful approaches help them to develop an early awareness of finances. Conclusion: Small steps, big impact Financial wellness doesn’t mean that you have to have everything perfectly under control overnight. It’s about gaining more clarity and control step by step – and that pays off in the long term. Because the more relaxed you are about financial matters, the more energy you have for what really matters: Time with your family. Clanq can help you with this: With the app, you automatically save for your child without impacting your budget – because you collect cashback with every purchase. This makes saving a natural part of your everyday life. Take the first step towards financial wellness – for you and your family! Der Beitrag What is Financial Wellness? erschien zuerst auf Clanq.
Results of our qualitative survey Der Beitrag Family budget: Yes or no? erschien zuerst auf Clanq.
How do parents keep track of all these expenses? We wanted to find out more and asked Swiss parents. The answers to our qualitative online questionnaire reveal that every family has its own strategy, ranging from «no budget, we do it by feel» to using Excel spreadsheets and setting clear savings goals. Around half of parents have drawn up a budget Around half of the respondents did not have a family budget at the time of the survey in summer 2025. Some were planning to set one up soon, while others thought they could manage well without one. The reasons ranged from a lack of time to uncertainty about how best to draw up a budget. How to create a family budget! The other half already works with a budget. 46 % of them only update it when necessary, and 54 % use an Excel spreadsheet they have created themselves. Whether simple or detailed, the main thing is that it fits in with everyday life. Here are tips on how to monitor your budget. The biggest challenges Many parents report that the rising cost of living is a real burden. Unforeseen expenses also make planning difficult. One interviewee with two children (aged 10 and 12) said: «Meeting all the needs of every member of the family is difficult. Where do we save, and where are we prepared to invest money?» That’s why it makes sense to build a small nest egg into the budget – for repairs, medical expenses or other surprises. However, saving is also high on the list of frequently mentioned challenges. «Saving enough money for the children’s pensions and education worries me,» says one parent of three children (aged 8, 11 and 13). Good to know: This is what a child costs Don’t put off saving until later Is what I can save today enough for my children’s education or provision? One thing is certain: Many people underestimate how much even small amounts can add up to. 50 CHF per month adds up to over 10’000 CHF after 18 years – and significantly more with interest. That’s why it’s better to start small than not at all. It’s the many small steps that make a big difference over the years. Family budget is a support Our survey shows that there is no one right way. The important thing is that the budget suits the family – whether in the traditional way on paper, in Excel or with an app. In the end, it’s not about restrictions, but about clarity about which dreams can be realised and which will have to wait a little longer. Once you’ve got started and know your budget, it’s easier to make decisions – and that’s a great support with all the many decisions that parents have to make every day anyway. Der Beitrag Family budget: Yes or no? erschien zuerst auf Clanq.