The Swiss consensus model
Small weekly amounts early (learning through spending), monthly from middle school (learning to plan), and from ~14–16 an extended allowance (Jugendlohn concept) where teens manage real categories: clothing, mobile, leisure – with real consequences and real learning.
The rules that make it work
Paid unconditionally and punctually (not tied to chores or grades – that's what most Swiss guidance recommends), no advances as routine, and mistakes allowed: a blown budget at 12 is the cheapest financial education available.
Model it openly
Kids learn budgeting from watching yours – a family budget conversation once a month teaches more than any lecture.
Track these costs in your own budget: create your free Swiss budget in BudgetHub – in English, with Swiss categories built in.
