What did you do with your CTF voucher

[polo_princess]

Out of interest which of the three options did you pick for yout CTF voucher?

https://www.childtrustfund.gov.uk/

 

[Serene123]

I keep forgetting about it

 

[polo_princess]

tut tut Toria, thats £250 she could be out blowing when she's 18

 

[Serene123]

I'm sooooooooooo shit I don't even know what you're meant to do with it

 

[polo_princess]

I chose a savings account, with the current climate and the potential risk i decided that i would rather have a guaranteed £250 than lose on it, i know you could earn more but you could also end up at a loss.

What can i say, im not really a "gambling" woman

 

[Serene123]

How did you do it

 

[polo_princess]

just picked what i wanted, went into the bank from the list and saw a person at a desk lol

 

[Becky]

See I looked at it the other way to you Holly I put it into shares because share prices are so low at the moment its the time to buy in my opinion and 18 years is a long time!

x

 

[smartie]

I played it safe and opened a savings account for Hannah

 

[FEDup1981]

i put mine in an account that invests, it was doing well, but has gone down with the recession, so hoping it picks up again soon.

Toria- if you dont do it by the time caitlin is 1, then they will decide for you and invest it in account they choose.

 

[Serene123]

The date on the voucher says August?

 

[kitty1987]

I've opened a savings account so i know he won't lose any money. I'm just going to pay into it at birthdays and christmas so there's a bit extra

 

[FEDup1981]

The date on the voucher says August?

Youve still got a while then. When Jack was born we had up til his 1st birthday or they'd do it.

 

[reallytinyamy]

Chloe's is in th building society bog standard savings. at least then she can get back what we put in!

 

[sam#3]

I put dylan and harrys both in savings accounts at nationwide, theyre really high intesest as well, dylan has already gained a lot of interest in his

 

[smartie]

I put dylan and harrys both in savings accounts at nationwide, theyre really high intesest as well, dylan has already gained a lot of interest in his

Thats the same bank as we chose for Hannah. You get some bonus interest if you add so much extra each year as well.

 

[Rach276]

Planning on a savings account. Can you set up a direct debit to put money in each month?

 

[mama2b]

I opened a stakeholder account for Lucas, and set up a direct debit to pay £15 per month into it.

Does anyone know if you can change the account at anytime ?

 

[Amy-Lea]

I have til the end of this month I have already filled in the forms for Natwest savings account but I keep forgetting to go in!

 

[caggimedicine]

We opened a savings account with Nationwide