First salary – the first financial test: how to avoid impulsive spending?
In autumn, students returning to schools and lecture halls often bring not only summer experiences but also their first work experience and independently earned money,…
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Vytenis Šimkus. What do parents lose when they simply keep their child’s money in an account?
Currently, the child benefits provided by the state amount to about 130 euros per month. If this amount were regularly invested from the child’s birth until adulthood, the accumulated sum could reach about 40–45 thousand euros in today’s money. Such funds can significantly contribute to financing studies abroad, purchasing a first home, or providing a…
20 years 100 euros per month for the child’s future: how much can be saved until they reach adulthood?
At the beginning of the new school year, family budgets again include expenses for school supplies, clubs, and other children’s needs. However, the start of September can be an opportunity…
Financial expectations in the Baltic countries: one in five Lithuanians says their financial situation has improved
„Lithuania stands out with the most positive personal finance assessments in the Baltic countries. A survey by „Citadele“ bank shows that one in five Lithuanian residents (20%) in the past…
September financial hangover: Lithuanians allocate almost a third less to savings
After summer trips, weekends at the seaside, and entertainment, family budgets are simultaneously burdened by expenses for school supplies, educational clubs, student relocations, and rising again…
Child’s behavior with money causes concern? Here’s what parents should do in such a case
These early habits often later determine how a person will make financial decisions in the future and throughout their life. So when is it worth starting to consciously talk about finances with children, how to do it, and what mistakes do parents most often make? Read more From an abandoned garden – to a dream…
From “living for today” to “investing for the future”: four types of youth finances
Some spend their first salary on trips or a new phone, others carefully save money, and some are already interested in investing and financial markets. Different attitudes towards money…
Germany-led “frugal” EU member states call to cut proposed budget expenditures
The so-called frugal European Union (EU) member states noted in a statement released on Thursday that in the European Commission’s budget proposal worth nearly 2 trillion euros…
When you want it here and now: when does buying on installment become a risk for young people?
For young people, consumer loans and installment purchases often become their first independent financial commitment. However, precisely because of this, even a small monthly payment can…
The first salary can quickly disappear: expert advises how to avoid it
The first job and a stable salary become for many young people not only a significant recognition but also the first test of financial responsibility. Starting to work, they have to decide for themselves…