How much do people pay into kids savings each month?

[LaydeeVF]

So DH can't agree on this so I thought I would do some market research and see what other people are doing.
So how much does everyone debit into their kids savings accounts every month? Or do you even do this at all?
My thoughts are with the rising costs in housing and education then my DDs will need something pretty substantial.
Look forward to hearing your thoughts so DH and I can agree on something

The account we have for DD is locked until she reaches 18, we got a better interest rate that way 29redshoes.

If i can keep it quiet longer than that then I will, as is rather it went on a car or house deposit than pissed away like when I was 18!

Yes my DC will get there's when they turn 18 then inheritance eat by fil at 21.

I had access to my savings, trust fund at 18 and I brought a home with DH at 19 I was not silly with it and I hope my DC will grow up with the same common sense I did

Eat=from FGS!

Surely it's better to use the money to pay off your own mortgage/debts/etc so that when your children reach 18 you are in a better position to help them financially?

It breaks my heart when I think of my mum pawning her jewellery and going without haircuts, meals out etc when I was little to have something to put into savings for me, which amounted to less than a term of tuition fees at University or a block of driving lessons by the time we were 18. My parents are now semi-retired and comfortably off and have been able to help out with several expenses as an adult. The scrimping was barely worth it.

We started out paying, what was, the maximum of £100/month into a CTF and do that now still (12 years later) though the maximum amount you can pay in has increased a lot and have no intention of changing that. I would be uncomfortable increasing the amount as they could blow the whole lot at 18...

We've focused on making sure our own financial house was in order really - both building up good pension funds, paying off the mortgage early and having our own savings - with a view to helping out when the time called for it from our funds rather than theirs. I think I would only consider saving more in their name when were consistently maxing out both our ISA allowances each year.

I have a 4 year old and a 1 year old. Before my second child come a long I used to put £100 every 4 weeks into my 4 year olds account plus any birthday/Christmas money. When my second child arrived I changed it to putting £20 a week each in their accounts (so all the CB - £80 each every 4 weeks). My 4 year old had over 4K in his account but me DH needed to move house and needed 3k to cover legal costs - we had no money to cover it so we took it out of 4 year olds account. I still feel so awful for it but DH says its for the best as the property will be split between our two sons in the future

When he was a child - nothing, but we paid school fees and for university. Now, money towards him saving for mortgage in his own name. Just paid lots in inheritance tax so think we made right decision - invest in something that cannot be taken away!