Child Trust Funds

[Spartacus]

Hey!

any advice or ideas on what to with the £250?

Trying to read up on it but just wanted to see what you all had done

thanks in advance
x

 

[jackiea85]

The whole thing confused me! We ended up putting it in the Children's Mutual Baby Bond x

 

[Spartacus]

will look into that thanks

 

[littlelady]

Confused me too i spent months trying to figure out all the different things and in the end found out you can only have it in a stakeholders account? still dont understand it right now but i did mine with boots x

 

[Miss MellyG]

RBoS Stakeholder account for Charlie.

You really dont have much option with what you do with it.


Savings accounts

Accounts that invest in shares

Stakeholder account - government recommended

You can choose either one of the above but you'll probably find that the majority of companies only offer the Stakeholder.

See here for more info.

Your only other option is who you choose to do it for you. See which one is offering you the best freebie to go with them. ie £100 of M & S Vouchers etc.

Another thing.. do it asap. The longer you leave it the less you'll have in the long run.


Mel x