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Money Moral Dilemma: Should we buy Premium Bonds for the children in our families this Christmas?

MSE_Kelvin · 2021-12-07 16:00:14

This week's MoneySaver who wants advice asks... My partner and I don't have kids, but we've always bought small Christmas gifts for the children in our families. Yet we begrudge buying toys for consumerist and environmental reasons, and are considering getting something such as Premium Bonds for them instead. However,…

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Lowtrawler Posts: 231 Forumite

13 December 2021 at 3:07PM

What age are the children? If young, a stock market investment is more likely to provide rewards when they need to access the money in their twenties. Maybe speak to their parents about setting up a junior stocks and share ISA which you could add to each year.

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Money Moral Dilemma: Should we buy Premium Bonds for the children in our families this Christmas?

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