ThE sAtIvA hIgH
Well-Known Member
i want to set up some kind of savings account for my daughter , i can only afford about 15 gbp a week any advice on wheres best to put it ? im in uk .
any advice please ?
- Thread starter ThE sAtIvA hIgH
- Start date
what rates have they offered you?
if you can show the savings development (the bank can show you how it will progress) i can help you a bit more
always consider saving that money and buying property, much better/safer.
Ask for inflation adjusted plans. The problem about long term savings is that things will get more expensive so 15 a week will become less and less.
if you can show the savings development (the bank can show you how it will progress) i can help you a bit more
always consider saving that money and buying property, much better/safer.
Ask for inflation adjusted plans. The problem about long term savings is that things will get more expensive so 15 a week will become less and less.
CitrusGrower
Well-Known Member
stock indexed mutual funds. In the us we have tax free mutual funds for your childs education. there are no minimums and you could send them money every week. it may take a while before it becomes impressive but if you stick with it will be huge by the time she gets to college.