The importance of giving children pocket money
It’s difficult to know how much pocket money to give to children. But one thing is for sure: managing a budget will help them learn the value of money and teach them to appreciate it more.
Alongside five other Luxembourg banks, Spuerkeess is providing financial support to its professional clients, particularly to those who are facing a lack of liquidity due to the COVID-19 health crisis.
Spuerkeess has been providing special financing and payment deferrals for existing financial commitments since the very start of the pandemic.
One of the first initiatives was to offer a deferral of up to six months on loan payments or leasing expenses. Over 2,500 deferrals have been requested at Spuerkeess to date with a 98% approval rate.