• Emma Wallington

5 simple steps to start saving for your child's future today

We have listed below 5 simple steps that you can follow to start saving for your child's future today. It may sound like a cliché, but don't be afraid of starting small, be afraid of not starting at all!

  1. Open a Junior Stocks and Shares ISA - we recommend a stocks and shares ISA if you have more than 3 years before your child turns 18 years old

  2. Set up a standing order to invest a regular amount each month (why not start with £10 per month?)

  3. Pay in any money kept in low interest savings accounts, birthday money and other gifted money

  4. Invest the money into a low cost, global index tracker fund - we like these types of fund because they generally perform as well, if not better than actively managed funds and with smaller fees

  5. Treat yourself to some chocolate - you've made today remarkable!

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