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2nd Child

We currently have a daughter aged 2 years and have a second child due in November of this year. We are currently in the process of paying off our credit cards which should leave us debt free apart from the mortgage in time for the birth. I have calculated that I have approximately £50 per month spare which I would like to put aside for emergencies. Does anybody have any advice as to where I could put this money in order to try and get the best return when the second child is born.

Many thanks
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