Personal Finance.

save money for my son??

he’s one year old and i want to start saving for his future. He has one of those child trust funds (with the money from the government?) that i have been putting extra money into – but is this really the best place for it or would i be better off with a different kind of account? There is so much choice i don’t know what to do for the best!!

My little lad has both a CTF and a bank account.

We put £10 a month into the CTF and any gifts he gets from family and friends goes into his bank account.

The trust fund can’t be touched ’til he’s 18 – but at least he can have the bank account whenever he needs it.

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