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saving plan for sons lump sum
kukkaburra
Posts: 11 Forumite
Hiya all
Looking for some more advice please.My wonderful friend died recently and we just found out she left a small legacy for my son her Godson for me to hold in trust for him until 18
I have looked at his own bank and interest is poor so decided to check here for info.I have tried read through the Children's Savings advice and it seems it maybe best to go for an online Bank of Scotland/Halifax fixed rate for 4yrs so I can be guaranteed 4.05%
or maybe its better for me to open an account in my name and go for a variable?
Im an M.E sufferer in pretty poor health so i found it hard to wade through the details i need to read and as I am also unable to go out to check any local banks it seems something online maybe better for me but Im also worried how this works
How would i pay in the cheque to an online bank? and so on ? forgive my ignorance.I would be very grateful for good advice as to best saving options and a little reassurance im making good decisions as i really need to sort this as soon as possible
Thank you
Looking for some more advice please.My wonderful friend died recently and we just found out she left a small legacy for my son her Godson for me to hold in trust for him until 18
I have looked at his own bank and interest is poor so decided to check here for info.I have tried read through the Children's Savings advice and it seems it maybe best to go for an online Bank of Scotland/Halifax fixed rate for 4yrs so I can be guaranteed 4.05%
or maybe its better for me to open an account in my name and go for a variable?
Im an M.E sufferer in pretty poor health so i found it hard to wade through the details i need to read and as I am also unable to go out to check any local banks it seems something online maybe better for me but Im also worried how this works
How would i pay in the cheque to an online bank? and so on ? forgive my ignorance.I would be very grateful for good advice as to best saving options and a little reassurance im making good decisions as i really need to sort this as soon as possible
Thank you
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