{"id":8525,"date":"2026-11-06T09:52:34","date_gmt":"2026-11-06T08:52:34","guid":{"rendered":"https:\/\/clanq.ch\/?p=8525"},"modified":"2026-11-06T11:16:44","modified_gmt":"2026-11-06T10:16:44","slug":"saving-together-as-a-family-works","status":"publish","type":"post","link":"https:\/\/clanq.ch\/en\/saving-together-as-a-family-works\/","title":{"rendered":"Saving as a family does make a difference"},"content":{"rendered":"

Even though multi-generational households are still the exception in Switzerland today, the wider circle of grandparents, godmothers, godfathers, aunts and uncles plays a central role in our children\u2019s lives. Not just when it comes to looking after them or baking biscuits, but also when it comes to laying a stable financial foundation for the future.<\/span><\/p>\n

But what does this support usually look like in everyday life? On their birthday, children receive an envelope with a bit of cash or a toy that is soon forgotten. Yet many relatives actually want exactly the opposite: they want to support the child on their journey through life in the long term.<\/span><\/p>\n

It\u2019s worth taking a look at how saving can be approached within the family today \u2013 and how small, shared habits can make a big difference over the years.<\/span><\/p>\n

Gifts with real long-term value<\/span><\/h2>\n

Instead of the umpteenth plastic car or short-lived trends, more and more families are opting for gifts with long-term benefits. A contribution to a savings account, an education fund or towards a specific educational goal may seem less colourful at first glance than a gift box, but it has lasting value.<\/span><\/p>\n

Such contributions not only show the child that those around them believe in their future, but also take the pressure off the whole gift-giving ritual. They lay a foundation from which young adults will later benefit tangibly when getting their driving licence, going on a language study trip or moving into their first home.<\/span><\/p>\n

Joining forces for bigger goals<\/span><\/h2>\n

A single savings contribution often seems modest. But when parents, grandparents and godparents pull together, joint saving takes on a dynamic of its own.<\/span><\/p>\n

Those who save together reach major milestones much more easily than if everyone were trying to put money aside on their own. You can see just how much the small contributions from several family members add up to over several years in our <\/span>article with example calculations<\/span><\/a>.<\/span><\/p>\n

Above all, this creates a wonderful sense of community: by involving relatives in the child\u2019s small and big milestones, money transforms from an abstract, taboo subject into a tangible journey that everyone is invited to join.<\/span><\/p>\n

Saving in everyday life \u2013 with no extra effort<\/span><\/h2>\n

In the past, joint saving was often a faff: separate savings accounts, complicated bank transfers or cash tucked away in a drawer somewhere.<\/span><\/p>\n

Modern approaches now shift this process to where life actually takes place \u2013 right at the heart of everyday life. Using the Clanq app, parents can easily invite relatives to join their \u00abClan\u00bb, so that everyone can transparently track how much they\u2019ve already contributed towards the shared savings goal for the child.<\/span><\/p>\n

To ensure that saving doesn\u2019t depend on the monthly budget, Clan members are given the \u00abcard with heart\u00bb (printed with their favourite photo on request):<\/span><\/p>\n