We've manage to save £5500 for dd who is now 19. She left 6 form a year ago doesn't want to go to uni.
She's been working at various jobs for a year and applying for apprenticeships.. Shes been taken on part-time with a company who have been impressed and offered her an apprenticeship starting in September.
£2600 is in a nationwide account (isa I think) in my name, which added a little to every month(just checked and it says 0.11%). The rest is in an investment isa my step dad set up for her which has grown a lot over the years.
I've been looking into a help to buy Lisa isa for her. She would be happy to save a bit a month. Would it be wise to add the money from the nationwide account to start it? I think she could probably only afford to save maybe £30-50 per month on an apprenticeship after paying a little rent and running her car.
Or should I just get her to start it with a small amount and add a little to it?