Having children is one of the key moments in anyone’s life but it also comes with a great responsibility. Children are reliant on parents or guardians for so much of their early life and the truth, it doesn’t stop there. They don’t start talking and feeding themselves and then suddenly not need adult support and guidance.
Most parents will tell you that the ‘responsibility factor’ lasts for much longer than you think and finances are very much part of that. One of the best ways in which you can help the financial future of your children is by getting them set up with a Junior S&S ISA.
These long-term junior saving accounts not only help children build a financial pot for the future but it also teaches them about money, investment and growth. Here at Sirius Financial we have access to a raft of good investment products that are tax free and accessible once your child turns 18.
At that stage a good Junior ISA may be enough to buy them a car, help them out with their education or possibly even be enough for a deposit on a property.
If you’d like to set up a Junior ISA, then the next logical stage if you to talk to us at Sirius Financial today. We can give you the sort of independent advice that children will thank to you when they’re a bit older.
The value of investments can fall as well as rise and you may not get back the amount originally invested.