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!
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
Set up a standing order to invest a regular amount each month (why not start with £10 per month?)
Pay in any money kept in low interest savings accounts, birthday money and other gifted money
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
Treat yourself to some chocolate - you've made today remarkable!