No Easy Money for Russian Schoolchildren
Normally, parents help shape their children's attitudes towards money. In their study "Adults' Perceptions of Pocket Money and Cash Rewards as Tools of Children's Economic Socialization," Alina Pishnyak and Natalia Khalina compare parental attitudes towards pocket money in the U.K., Germany, and Moscow, Russia. Their findings concerning Moscow are based on data from the Moscow and Muscovitessurvey of 3,109 adult respondents, of whom 75% were parents, conducted by the Institute of Humanitarian Megacity Development in 2014. According to the study's authors, most parents begin educating their children about money at the age of six.