Renewing and clearing up is important but the same also goes for preservation and development too. At Gimi, we love just that and we strive to improve the Gimi app every day, year-round for our customers. Some things require longer time and more work, while others can be fixed in a few days. In this blog post we will go through the latest updates in the app and also give you a taste of what's coming soon. The blog will be updated frequently so that you always can keep track of what's new. So here we go!

The financial literacy of children and young people is well below the level we should be hoping for. At the same time, society is encouraging us to take a higher responsibility and make more decisions about our private finances.

But what does this mean for the children and young people growing up today and how can we best support them?

In this blog post you will learn the teacher Erik Wennstam's view of the current situation. Erik, who took matters into his own hands and wrote the book ‘Du och Dina Pengar’ (‘You and Your Money’), is driven by democratizing financial understanding and aims to provide children and young people with the conditions they need to become financially independent.

Midsummer is just around the corner, as well as the summer and holiday season! This year, many plans will have probably been revised or even cancelled, while others may have been added. Regardless of how it looks for you, it is always nice to set a benchmark for what you want to get out of your holidays.

So what is your family's goal for summer 2020?

If your goal is to let the children return back to school with economic literacy, you are in the right place! In this blog you’ll find five super easy and fun tips for how to maximize both midsummer and the opportunity to learn about money!

Giving children a good financial education and making private economy a natural part of everyday life isn’t just something that Lofsan advocates but is also something she is very good at.

In this blog we share our recent interview with Lovisa Sandström where she tells us her best tricks to making everyday life go smoothly without jeopardizing exercise, homework, house chores or quality time with the family!

The proportion of young people applying for debt relief has doubled in the past year. The statistics from Kronofogden show a comparison between January - May 2019 and January - May 2020, where the younger generation is a major risk factor.

"If you do not help these people now, there is an obvious risk that they will eventually become highly current as customers at Kronofogden and for debt restructuring. And of course we do not want to",
says Per-Olof Lindh, unit manager at Kronofogden

Overflowing laundry baskets, meal planning and cooking, a flower bed full of weeds and a constant mountain of dishes in the sink. This is a common and probably very familiar daily routine of many families. And at Gimi, we understand that and we want to help ease the load. To help our community of parents we have made a super-smart weekly calendar to give you easy inspiration and a clear guide for what the children could help with and when!

With Gimi's calendar, the chores start to become routine, the children receive a financial education and you as a supporter get free tips for how to use Gimi in the best way possible. Read the entire blog or just add the calendar events. We will let you know what to do and when to do it, you can just sit back and relax!

Celebrating a birthday as a child means so much more than just cake, presents and parties.
Turning a year older is a symbol of maturity which unlocks new opportunities to enter the grown-up world. These opportunities are evident and are about, for example, being able to go to the cinema without parents, allowed to be home alone when you are sick, and allowed to work for other people than your family. Becoming a year older is therefore an opportunity for increased responsibility and a higher independence too. Children's birthday presents follow this same pattern by confirming the new responsibilities.

But can you and should you give financial literacy as a birthday gift? Find out in this post.

Ice cream and the summer holidays go safely hand in hand. To many children, having a daily ice cream is just as an obvious combination as taking a swim as soon as the water is warm enough. Perhaps something which is not as obvious is how much money this daily ice cream costs. The average summer holiday ice cream consumption for a family results in an expense of several thousand SEK which is probably nothing which children would usually reflect on, nor anything that the parents spend time thinking of until after the summer has finished.

… but stay calm, there are solutions that allow you to both enjoy the wonderful frozen stick and at the same time stick to your holiday budget. Let's teach our children about money and budget in a fun and engaging way - Keep reading for Gimi’s ice cream quiz!

Giving your child weekly or monthly pocket money is a great way of teaching them how to manage their own money and understand finances in a better way. In combination with creating chores to physically earn the money sets a good foundation to work from.

With the school holidays nearing, this blog will give you a 5-step guide on how to manage summer holiday finances as a family and give your child the opportunity to gain a financial understanding by creating savings goals and a chores roadmap to hit them too!

Changing how we travel, recycling more and introducing vegetarianism into our lives are all aspects which young people are well aware of. If there are any who drive the topic of improved environmental policy, it is this group of people and we should be proud of their incredible engagement. The fact that children and young people want to make a positive difference is clear and it is therefore up to us as adults to support and help them in this mission.
In this blog post we will focus on how Gimi can help to contribute. It's about giving inspiration to UN's global goal nr. 12 - responsible consumption and production.

We already know that the children and youth of today are a digital generation. We also know that they like sweets and snacks, I mean which young people don’t? But how much money they spend on their digital interests and their sweet cravings is probably something which many people are unaware of, especially in relation to other children's spending.

In this blog we have used exclusive anonymised data from the Gimi app to unveil how often, how much and on what exactly children in Sweden spend their money on today.

Many parents wonder when a child is truly ready for their own card. The questions are usually around what age a child should go from cash to digital money, or perhaps how to decide whether a child is mature enough to take their own financial responsibility.

So, keep calm help is on hand from the Gimi team... In this blog, we discuss approaching this subject in a simple way and we have created some handy guidelines for you to rely on.

Sweden and the rest of the world are currently facing a huge financial strain, but we are sure that’s not news to you. The uncertainty is imminent and at the same time many parents feel that they have a responsibility to let everyday life continue as usual, for the sake of their children.

A question we want to help with answers to is whether it is right to talk to a child about the unstable economic situation and explain to them how it affects us on an individual level?

In this blog we hope to give you the answer!

When leisure time activities, cinemas and playgrounds are not an option for entertaining the family, it is highly likely that kids will start to climb on the walls at home.

Gimi has put together a helpful list of five activities which children can entertain themselves with (and at the same time make life so much easier for you as a parent). It’s a win-win!

Money has been a part of our society for thousands of years, and before that we used a barter system to obtain things that we want and need. Now we are approaching a new chapter in the history of money, because cash is on the way out.

Can children earn money before they turn 18? It’s totally possible! But there are a few laws and rules that tell you what you can and absolutely cannot work with depending on how old you are. There are even some jobs that are adapted for children and young people!

Making chores a part of the weekly or monthly pocket money is a great idea. Not only does it give children a sense of financial independence and control. It is also a way for children to practice financial decision making.

Everyone is always talking about "the economy." Saying “the economy” usually refers to the economy of the country where they live. The economy is about how money made and spent. Usually, what we mean we talk about the economy, is: who has money? Who doesn't have money? Are people getting richer or poorer?

The economy is doing well when there are plenty of jobs and businesses that are making money. The economy isn’t doing well when people are losing their jobs and it is hard to find new ones.

A family’s financial situation can be a difficult subject to bring up with adults, and many find it even more difficult to discuss with children. However, discussions about personal finance with children are very important, in the same way, that it’s important to involve children in joint financial decisions such as the shopping for the weekend and birthday party plans. It helps children understand money, there isn’t an endless supply of it. It’s important to prioritize and make informed choices, as well as understand that different people have different circumstances. So, how do you talk about money with your children?

Given that money habits, values and skills are formed at an early age, financial education for children is essential. If done right it can help you build a positive financial future. A lack thereof could lay the groundwork for financial struggles.