25% of Russians spend up to 5,000 rubles per month on tutors and extracurricular activities for their children, 27% - from 5,000 to 10,000 rubles, 48% - more than 10,000 rubles each month. This data comes from a joint survey conducted by Rosgosstrakh Life and Skillfactory.
The most costly items of expenditure on children's additional education identified by the respondents include tutors and advanced study classes for favorite subjects (38%), music and art schools (18%), early development schools and other activities for children such as speech therapists and psychologists (15%), various courses and clubs, for example, on programming and robotics (11%), as reported by 'Izvestia'.
'In our observations, parents are increasingly opting for IT courses for their children - it is currently a popular direction for additional education, as children can acquire knowledge and skills useful for future work in a popular and prestigious field,' shared Egor Sorokin, managing director of Skillfactory.
While extracurricular activities are usually funded from current income, parents start thinking in advance about higher education and starting capital for their child's independent life, and begin saving for these goals ahead of time. Thus, 29% of the surveyed parents are already setting aside money for their children's higher education and another 27% plan to do so in the near future. Among other common savings goals for children are a flat (18%), a car (12%), and starting capital that the child can use at their discretion (18%).