Infant Savings

Author
Discussion

drab1

Original Poster:

74 posts

87 months

Sunday 31st December 2017
quotequote all
Hi all, apologies if this has been asked already.

As a new dad I'm unsure what the best way of saving for the child's future is. I think we will need 2 to start with:

1 - Instant access in case of emergency
2 - One which they can only access when they are 18 / 21

Any recommendations?

We will probably manage to put in around £150 - £200 per month in total.

Thanks!

drab1

Original Poster:

74 posts

87 months

Monday 1st January 2018
quotequote all
Thanks all. I will look at the junior ISA option, didn't realise these were a thing.

Re. the emergency fund - you're right it's possibly not needed.. it's more for paying into regularly and withdrawing to cover birthdays / Christmases etc so nothing fancy needed. Just trying to spread the cost a bit.