10 May 2016

A question about : Savings for my children

Hi CAB
I was wondering if you could explain all the options i have for my kids in regards to savings and investments for them in the future.
I have very limited knowledge of any types of investments as my husband has previously been the one who has dealt with our money. Any websites or simple info of my options would be amazing
Thank you
Rosann

Best answers:

  • Welcome as a newbie.
    You might like to paste and copy your question on to the Savings and Investments forum where there are many knowledgeable people who would try and help you.
  • Hi Rosann
    I think it will depend on whether you want you children to be able to access the savings or whether you want them to wait until they are 18. It may also make a difference if you are saving a regular amount monthly or just saving as and when you have some spare.
    Martin has anarticle on Childrens savings here: https://www.moneysavingexpert.com/sav...vings-tax-free which should get you started.
    Best of Luck
    df
  • https://forums.moneysavingexpert.com/...5#post56726155
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