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child trust fund

posted 1 decade 7 years ago
just wondering how many of us pay into our childs trust fund account? so far i think ive paid about £100 into each of the girls accounts plus some of there birthday & xmas money.thinking of setting up a direct debit for £10 a month each but at the minute its an expense i cant afford

AlexAlex Moderator
posted 1 decade 7 years ago
When I was working I paid £10 a month into Josephs, have stopped for this year but will be restarting once im earning again!

sugarsugar Moderator
posted 1 decade 7 years ago
We put Lotties into Halifax and have just left it as that. She has 2 other savings account - one get £1 a week put in it and the other gets all her birthday and xmas money etc put into it. DD is richer than me Razz

posted 1 decade 7 years ago
i have not put any money into the accounts and that reminds me i still have not put jades into an account yet shes 13month old Confused

posted 1 decade 7 years ago
i need to set up alexs account soon too

posted 1 decade 7 years ago
we just started the kids ones!
we are putting 20 pound a month in each of theirs!

charlie got is 250 pound voucher and i put that in but wont be topping it up til hes 8 otherwise he will end up with more than my other 2

posted 1 decade 7 years ago
we only have Amy so its £20 a month that goes in to hers a month and has done since we started it.

posted 1 decade 7 years ago
The way we've done it is DH opened each of the kid's Trust Fund Accounts and pays £10 a month into each;and I opened a seperate savings account for each which I pay £10 a month into. Our plan is to give them the money from one of their accounts when they turn 18 and keep the other account money back for each of them until we think they need it for something important like University or a flat deposit

posted 1 decade 7 years ago
- My blog
Elise has about £280 in hers, i havent put anything into it, i still havnt set up max's yet and hes 12 months! oops

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