How to save for your children's future

investing for children

Educating the young about their need to save for the future is becoming increasingly necessary in a world getting more and more expensive, and new Government measures are intended to help parents start building up a nest egg for their children as soon as possible

With life becoming more expensive, it can never be too early to start saving. Children born after September 2002 will have the benefit of a government endowment and the Child Trust Fund (CTF). There are, however, also efficient ways to save for children born before that date. Even those who once were savers have lost faith after slumping stock markets and the ensuing pension crisis. Student debt is soaring, with thousands financially crippled for years after graduating and householders stretching themselves to the max in order to afford rocketing house prices. Educating the young to save ...