What to do with child ISA if they don't go uni

[hendoop]

Dd1 doesn't want to go to uni and wants to do an apprenticeship after 6th form, we will probably buy her a car between us to enable her to transport herself to college and instead of paying her uni fees like we plan to with dd2. This in my eyes will make it fairer and as myself and their father are separated we have more expensive income

So the child trust fund will prob have about 12-13k in it and I was wondering what any other do with their trust fund in this position?

Obviously it's her money but she is sensible and will listen to advice etc.

expandable income

I agree that a car is a good investment in her post 6th form education.

Is dd2 getting her tuition fees paid or is she allowed to use her money as life costs too?

Apprenticeship wages are low so paying for stuff that will make her work life easier eg tech, gym etc might be the way forward ?

Keep it for her for her first house deposit

Driving lessons, first car, insurance? That will use about half, and the rest can stay there to help with a deposit for a new home.

Talk to her though, and ask her what she would like to do with it.

If there is nothing screaming out that she needs/wants it for she doesn't need to make any decisions yet, best advice is don't rush it and put in a high interest account.

If she decides it is definitely going for a house deposit a LISA is a good shout. ds has fed 3 years at £4k, one just recently, into his and his £12k it is now £15.5K.

Thanks all, DD2 I am hoping we can cover the fee of the tuition and she lives at home and doesn't get into much debt, so therefore her money can be for costs of transport to uni etc

Dd1 we will prob buy a car instead of paying tuition fees as where we live there's no transport etc, so the ISA I will talk to her about saving for a house deposit etc as she is very keen to move out

We are lucky because their father and I are in a position to help out but want them to learn the value of money

Bang it into an ISA and keep on saving for a deposit

If it is already a Child ISA it states in their policy that the named person takes control at 18.

Encourage her to keep adding to it until she had enough for a deposit.