Viettiraha

Viettiraha is a Finnish term that translates to "spending money" or "pocket money." It generally refers to the portion of a person's income or resources that is available for discretionary spending after essential needs like housing, food, and bills have been met. The concept is often discussed in the context of personal finance, budgeting, and household economics.

In Finland, viettiraha can be a conscious part of financial planning for individuals and families. Parents might allocate a specific amount as viettiraha for their children, teaching them about managing money and making choices. Adults use their viettiraha for non-essential items and activities such as entertainment, hobbies, dining out, or personal purchases. The amount considered adequate for viettiraha can vary significantly depending on individual circumstances, income levels, and lifestyle choices. It represents the financial freedom to indulge in wants rather than just needs, contributing to overall well-being and quality of life.