We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Advice needed on Childrens investment
clee123
Posts: 3 Newbie
I have been gifted a large sum of money which is for my daughters university education.
Minefield now how to make sure the money works really well until she goes.
I want to lock it away till she's ready to go (4 years) and now after looking on the site - it seems it is not as easy as I thought. wondering whether to just bank the cheque in her acct, and then move some to ISA's etc - or what really??? can anybody help?
I just want the most return on the cash - but obviously NO RISK etc.
Minefield now how to make sure the money works really well until she goes.
I want to lock it away till she's ready to go (4 years) and now after looking on the site - it seems it is not as easy as I thought. wondering whether to just bank the cheque in her acct, and then move some to ISA's etc - or what really??? can anybody help?
I just want the most return on the cash - but obviously NO RISK etc.
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.1K Banking & Borrowing
- 254.3K Reduce Debt & Boost Income
- 455.3K Spending & Discounts
- 247.1K Work, Benefits & Business
- 603.7K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards