A recent survey indicates that a significant portion of Russian families is considering investing maternity capital in various financial instruments, including cryptocurrencies.
Lack of Awareness about Maternity Capital
Only 19% of Russian parents understand what they can spend the funds provided by the government to support fertility, according to a survey conducted by Renaissance Insurance Group. More than half of respondents (54%) could name only a few possible options for use, while 27% did not respond to the question. Higher levels of ignorance were observed among women, with 34% compared to 22% among men.
Interest in Cryptocurrency Investments
The survey also showed that 26% of parents are open to considering investing maternity capital in crypto assets. 30% of respondents plan to invest in stocks, while 26% are interested in bonds. This willingness to engage in riskier investments reflects families’ desires to manage government-provided funds more actively.
Rules for Using Maternity Capital
Maternity capital in Russia is intended to support families with children and comes with a set of regulations. For example, when purchasing property, the share of maternity capital must be allocated among all family members. This complicates selling homes, as permission from authorities is needed to ensure that the child's living conditions will improve after the sale. Many parents must take prior care to acquire alternative housing while respecting children's rights.
Thus, Russian families are showing active interest in the investment possibilities of maternity capital, including risky assets like cryptocurrencies. However, a lack of clear information regarding the rules for using these funds may complicate financial planning.
