How much do you save for your kids futures?

[MarillionFan]

Following on from pensions.

Do you put much aside for your kids future and what do you do?

We put away a £1000 per year per child and pay £50 per month into a child trust fund. The £1000 per year goes into a five year bond which the plan is to rollover every five years so they get a pay out at 16, 17, 18, 19 and 20.

I'm not sure if this is too much or too little?

What are others doing?

[Old Greg]

Following on from pensions.

Do you put much aside for your kids future and what do you do?

We put away a £1000 per year per child and pay £50 per month into a child trust fund. The £1000 per year goes into a five year bond which the plan is to rollover every five years so they get a pay out at 16, 17, 18, 19 and 20.

I'm not sure if this is too much or too little?

What are others doing?

How much do you put up your nose each month? Try investing that in your kids instead.

HTH

[Troll]

Following on from pensions.

Do you put much aside for your kids future and what do you do?

We put away a £1000 per year per child and pay £50 per month into a child trust fund. The £1000 per year goes into a five year bond which the plan is to rollover every five years so they get a pay out at 16, 17, 18, 19 and 20.

I'm not sure if this is too much or too little?

What are others doing?

Somewhere between fook & all

Paid for their:

• Private education
• Swimming Lessons
• Driving Lessons
• Uni fees
• Uni accommodation

Job done & they can fook off and find their way in the world

(probably end up buying them their 1st house through)

[d000hg]

0.

[Jeff Maginty]

..

[shaunbhoy]

If I had a kid, and if I had £1000 per year spare cash to invest for them, I'd consider setting up a stakeholder pension for the kid. Imagine 60 years of compound interest (dividends re-invested)... Kerching!! £££

Brilliant...............unless they croak at 59 of course.

[AtW]

I bet all my kids money on futures.

Yes it's true: gold futures.

HTH

DimPrawn.

[AtW]

Somewhere between fook & all

Paid for their:

• Private education
• Swimming Lessons
• Driving Lessons
• Uni fees
• Uni accommodation

Job done & they can fook off and find their way in the world

(probably end up buying them their 1st house through)

One way or another you paid mailman too ...

[moorfield]

so they get a pay out at 16, 17, 18, 19 and 20.

What are others doing?

Saving - but certainly not into a CTF or Junior ISA - I do not want to see my hard earned handed over to my offspring's control at 18 only to helplessly watch it all disappear on beer + Ibiza at short notice.

Cynical? Maybe. But I will be having to pay uni fees + accommodation in 15 years time and I know what I would have done with a cash lump sum handed over to me shortly after finishing my A-Levels ....

All savings are going into our own ISAs. Offspring will be very heavily bribed (unknowingly with their own money) to get through all their necessary exams into Uni.

[Churchill]

I think I'd save more for retirement.

Your kids can get a loan for university. Try getting a loan for your retirement...