Switzerland

GMW national coordinator: Netzwerk Finanzkompetenz (Financial Literacy Network) Participating organisations: Berner Schuldenberatung, Caritas Schweiz, Dachverband Budgetberatung Schweiz, FHNW Hochschule für Soziale Arbeit, Hochschule Luzern - Soziale Arbeit, iconomix - Ökonomie entdecken, Il franco in tasca TI, Kinder-Cash, Money Fit, Müller-Möhl Foundation, Plusminus Budget- und Schuldenberatung Basel, Pro Juventute Schweiz, Budget- und Schuldenberatung Aargau-Solothurn, Schuldenberatung Kanton Zürich, Schuldenprävention Stadt Zürich, Verein FinanceMission, Verein Jugendlohn Total number of participating organisations: 51 Number of children and young people reached directly: 500 Number of adults reached directly: 650 Number of people reached indirectly: 10,000

To celebrate GMW 2021, the Financial Literacy Network planned several events. More than 1,250 participants took part in 61 activities, in three of the Swiss official languages. About 200 parents, 350 teachers and social workers and over 100 other people were interested in online workshops. Easily accessible, low-threshold consulting services made it possible for 100 people to get advice on money matters. To access all “prevention pitches” from Jugendlohn, card game Ciao Cash, finance mission, online challenge iconomix, MoneyFit, and more please see here, here and here

Did you know?

In Switzerland, events on topics such as pocket money or teen salary were organised for parents of schoolchildren. Young people should develop the skills and responsibility they need to manage their own interests at an early age. Parents can give young people a fixed monthly allowance with which young people can manage some of their living costs independently (such as clothes, haircuts, bicycle, mobile phone, sporting activities, etc.). Through the “teen salary” parent teach their children self-responsibility and self-reliance. It only covers costs that the family would anyways cover and it implies that parents have to trust in their child’s ability to succeed. Teen salary has been evaluated several times. Through the teen salary, teenagers learn to weigh shopping desires against essential purchases and to plan for longer and more difficult to achieve goals. [www.jugendlohn.ch / www.salairejeunesse.ch /www.salariogiovanile.ch; Teen salary film: https://youtu.be/ pUKtGu146pg ]