60.2K
THComment: ‘JISA’ to get a £50 bonus when you open your Junior ISA and invest at least £50!
The truth is: you don’t need to start with £300 a month to potentially make a massive difference to your child’s life. Because they’re so young, you have plenty of time for compounding to do the hard work.
To use my example (where the child could end up with £137,000 at 18) – that’s from around £65,000.
The rest, more than half the £137,000 pot, is from investment returns.
That is compounding doing the hard work!
If someone had handed me even £1,000 at 18 I’d have been over the moon. Any amount you can save for them is going to be appreciated.
The above is not financial advice. Your capital at risk. ISA tax benefits depend on personal circumstances. Past performance is not a reliable indicator of future results. New customers only. Offer valid until 05/04/2026 on JISA accounts. T&Cs apply.
Approved by IG Markets Limited (FCA FRN: 944492) on 05/03/2026
#children #family #kids #parenting #parents
@themoneystocker
