Saving for Your Children

Thinking about building a financial safety net for your child and considering using a Junior ISA to do it? Here’s everything you need to know about Wealthify Junior ISA fees.

They say that secret to getting ahead is getting started – and when it comes to building future wealth, there’s no such thing as beginning too early.

Junior ISAs could provide a powerful investment strategy for kids, offering tax-free growth, flexible contributions — and an opportunity to teach kids about money while building their financial future.

Pocket money plays a big role in teaching children about saving, spending, and how far money can go.

Research from The London Foundation for Banking & Finance found that 85% of young people (aged 15-18) would like to improve their financial situation [1]. A Junior ISA (JISA) is one way to help your child find their financial footing — but what happens to it when they turn 18?

Whether you’re looking for a long-term savings option or financial education tool, this article will help you explore the pros and cons of a Junior ISA.

Remember, remember the 5^th of...wait, what was it again? If birthdays and bills weren’t enough to keep us on our toes, there are some other important dates to know to help keep our finances on track.

Deciding how much pocket money to give your child is a personal choice that depends on your family’s financial situation and goals, but it’s also an opportunity to teach valuable financial habits like budgeting, saving, and investing.

Want to give your child a head start with life’s financial lessons? Here’s an age-appropriate guide to key topics you can cover over their childhood years.

Transferring to a new Junior ISA is simpler than you may think. Your child’s money can be easily moved to a better-suited provider by filling out a simple form! Use the official transfer process to unlock the financial potential of cheaper fees and more competitive investment options — all while protecting your little one’s tax-free benefits.

In 2023, it was estimated that nearly a million Child Trust Fund accounts have remained untouched – and some parents are only just discovering that their child has one. So, what exactly is a Child Trust Fund, and what’s the difference between Child Trust Funds and Junior ISAs?

It feels good to give a long-term gift, which is why anyone – regardless of relation – can pay into a Junior ISA- providing they know the rules and limits of contributing.