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Where's best for our children's money...

lush_walrus · 2017-09-07 06:26:04

Our children are starting to accumulate savings and at the moment we have the money in kids savings accounts and regular savers. Our oldest has about 30000 our youngest 4000 we ideally are thinking we could look for something to suit the range - it may not be possible. Really I am now starting to think we should add a bit…

Comments

Malthusian Posts: 11,055 Forumite

8 September 2017 at 4:03PM

She jumped on her bed and broke it and told us we could use her piggy bank money to pay for it. So that's her understanding.

If she understands that you can't take more money off her than she actually owns, no matter how much she's liable for, she's shown an extremely good understanding of UK bankruptcy law.

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