Swedes give pocket money to Swedish children ... the state! In Sweden, children under 16 are paid 1,050 crowns ($152) every month. True, until the age of majority, parents receive this money. But then they themselves can receive them up to 20 years. But on condition that they study hard and do not skip. By the way, some parents use this money to pay their children “in their pocket”. On average, little Swedes from 6-7 years old receive 20-45 crowns ($3-6) per week, and older ones - about 100 ($14.5).
Interestingly, children do not have to spend money at school. Because school meals are free. And in the school itself and near it, nothing is for sale. Therefore, Swedish schoolchildren spend money on what they really like. For example, kids buy so-called Saturday sweets. The fact is that in this country, children eat sweets only on Saturdays in order to maintain healthy teeth.
The ability to save money is encouraged and welcomed by Swedish parents. For example, if a child wants to buy a computer game, they say that for every 100 kroons saved, they will add the same amount. And when children grow out of their clothes, they are taught to make announcements on the classifieds site and sell clothes, toys and other personal items.
They understand that if they keep them in good condition, they can sell them to those who need them more, and with this money they can buy something else. The Swedes try to learn how to earn money as early as possible and become financially independent.
Another highlight of Swedish financial education: children are taught to donate to charity from an early age. Very often at school events, if they want, children donate, for example, 10 crowns ($1.5) to help the Red Cross or other charitable organizations.
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