Reply to: How much do you save for your kids futures?

[rd409]

Yes that's what she said, so I paid her £18.

Was she honest enough to give you £15 back?

[Wodewick]

Yes that's what she said, so I paid her £18.

Did that include your tip?

[moorfield]

£1 an inch. I'll put a cheque in the post for eight quid.

Yes that's what she said, so I paid her £18.

[MarillionFan]

She must have overcharged me then. I want my money back.

Yes, you're right sorry.

£1 an inch. I'll put a cheque in the post for eight quid.

[moorfield]

Like her mum.

She must have overcharged me then. I want my money back.

[Scrag Meister]

Second my daughter is old enough, she'll be out on the streets turning tricks for a tenner a go. Like her mum.

Lucky you, doubling your Plan B income.

[shaunbhoy]

Don't teach your kids to live on parental handout.

WSMS

It is a slippery slope when you overdo the mollycoddling. Just look at how sasguru turned out FFS!!!

[MarillionFan]

WTS

My 16 year old already has a part time weekend job.

Don't teach your kids to live on parental handout.

Second my daughter is old enough, she'll be out on the streets turning tricks for a tenner a go. Like her mum.

[Scrag Meister]

Somewhere between fook & all

Paid for their:

• Private education
• Swimming Lessons
• Driving Lessons
• Uni fees
• Uni accommodation

Job done & they can fook off and find their way in the world

(probably end up buying them their 1st house through)

WTS

My 16 year old already has a part time weekend job.

Don't teach your kids to live on parental handout.

[gingerjedi]

Make Your Child A Millionaire

I wish my dad had read this.

[AtW]

I want to get him interested in investing and this sounds like a good way.

No it ain't a good way, quick call Social Services!

[lukemg]

Share the same concerns - Cannot be certain a few k pressed into the hand of an 18 yr old is the best plan.
SIPP's are a good shout but way too long term for me.
I have ring-fenced an amount into an emerging market fund (but in my name)- with many years to work with I am happy to go risky with the amount. Told my lad I will be funneling some of his xmas/bday money into it. Also told him no matter what, he will get the money back even if their are losses. I want to get him interested in investing and this sounds like a good way.

[mudskipper]

Not specifically saving per child. But have savings that I spend on whatever is needed. Different kids are going to need different amount of financial help at different times. I'm not necessarily of the opinion that if one kid gets £x, then the others should have the same.

[Fred Bloggs]

£100 each month in SIPPs with HL.

[NotAllThere]

£150 per month each.