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Investments

Discuss investments with other users on our Investment forum. For more advice read our tips for saving for your child's future.

Savings for Babies?

1 reply

snoopy18 · 13/07/2019 14:32

Hey all wondering what the best option is to save money for baby for his future really!

What do you do / recommend? Need some ideas for long term savings :)

Thanks

OP posts:
nannynick · 13/07/2019 20:18

How long term, until they become a pensioner - they can start a pension.
Until they are teenage, then a JuniorISA.
Until some time you determine, I think you need to do some sort of Trust.

The vital thing is to teach them about financial responsibility as if you save money for them, they will at some point get access to that money can could spend it on whatever they liked.

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