Are you worried about your childs financial future? Do you ever wonder if you will be able to support them perhaps with a deposit on their first home or with getting married? If so there is a government scheme you should definitely be making the most of - The Child Trust Fund.
Children who are eligible for the Child Trust Fund receive a £250 voucher from the government to help kick start their account. What a great start to that savings account youve been meaning to open all this time. The best part is that your child cant touch it until they turn 18, when they can decide how to best use the money.
Choosing the best option when it comes to your childs Child Trust Fund account could make a huge difference to the choices they will have in the future. Turning 18 is without doubt a social crossroad and a bit of spare cash will give them the help they need on the road to adulthood. To advise you on the various ways of investing your childs £250 voucher, weve got Michelle Stevens, CTF expert dropping into the studio to tell you everything you need to know.
Michele will be explaining what a Child Trust Fund account is, and how you can add to the governments contribution to make sure that your child ends up with a lump sum to kick-start their future and to give you that priceless peace of mind you need.
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