Well I know now as an adult that I had wished my parents had saved for me, that's not knocking them, but if they had saved while I was a child I would of been able to afford a new car when I was 18 or even a deposit for a house.
To be honest my parents were in the Army and they didn't really have a lot to spend without trying to save any. I did learn a valuable lesson though.
Whats The Point Then?
The opportunity is for adults, we now know how we had wished our parents to saved for our future when we were kids, we now have a great opportunity to save for your kids future welfare, we are in a recession but most mums and dads would be able to invest for their kids future, even if it was a couple of pounds or dollars per year, the important point is about taking action today, starting investing today and giving it enough time to grow over the years.
My Child Needs Nothing and wants for nothing
That's ok, but in the near future that helping start on the property ladder or the first car is a welcome gift for the kid.
Investing today means when your child is 16, 18 or 21 their investments or childrens ISA's will be large enough to pay for treats.
Their education - they might want to go to university, this could cover fees and accommodation and books while studying.
A student gap year - when school, college or university is over, an investment plan or stocks t can help your kids travel the world on a student gap year before they start university, or just even look at the world and see whats out there.
A deposit on their first home - it's getting harder to get on to the property ladder without a substantial deposit.
Your children need nothing today, but a good start in a few years time will help you out, as you know they will come asking for help in the future , so its better to plan now instead of years down the line.
To be honest my parents were in the Army and they didn't really have a lot to spend without trying to save any. I did learn a valuable lesson though.
Whats The Point Then?
The opportunity is for adults, we now know how we had wished our parents to saved for our future when we were kids, we now have a great opportunity to save for your kids future welfare, we are in a recession but most mums and dads would be able to invest for their kids future, even if it was a couple of pounds or dollars per year, the important point is about taking action today, starting investing today and giving it enough time to grow over the years.
My Child Needs Nothing and wants for nothing
That's ok, but in the near future that helping start on the property ladder or the first car is a welcome gift for the kid.
Investing today means when your child is 16, 18 or 21 their investments or childrens ISA's will be large enough to pay for treats.
Their education - they might want to go to university, this could cover fees and accommodation and books while studying.
A student gap year - when school, college or university is over, an investment plan or stocks t can help your kids travel the world on a student gap year before they start university, or just even look at the world and see whats out there.
A deposit on their first home - it's getting harder to get on to the property ladder without a substantial deposit.
Your children need nothing today, but a good start in a few years time will help you out, as you know they will come asking for help in the future , so its better to plan now instead of years down the line.
About the Author:
Learn more about kids investing. Stop by Alex Hope's site where you can find out all about children investment fund and what they can do.
