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Child Tax-Exempt Savings Plans

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Did you know that Children's Tax-Exempt Savings Plans (TESPs) also provide a long-term, tax-free way to save for your children's future?

Click here to find out more about a tax-efficient way to build up a nest-egg for your child in addition to a Junior ISA, and compare providers.



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Newsletter November December 2009
 November and December - Pocket money help 

This month we are suggesting ways to help supervise children's and young teens' pocket money, and looking at the latest government results on Child Trust Funds.

 
 
MyEggNest News
 
We are very pleased to announce that we are starting to work with getconnected as our charity of choice. 
 
us in their magazine this month about children's savings.
 
http://myfunnybunnyhandmade.blogspot.com/ One of our favourite blog sites is running a competition with us this month. 
Tip Of The Month

Pocket money is a tricky subject for parents. Many offer it unconditionally,
as a weekly gift or as a reward for completing certain tasks to your satisfaction during the week.

 

Older children probably need guidance rather than strict instruction regarding what their weekly pocket money is

supposed to cover. It may, for example, include a component for essential items, such as bus fares
or lunch money, which will (with a little help from yourself) introduce the concept of budgeting.

 

 Find out more about pocket money tips.
Reminders Of The Month
Don't forget you might be able to use childcare vouchers from your employer, saving £915-£1,105 per year depending on the amount of tax and level of National Insurance you pay.
Also if you would like to go back to college or University and re-train or learn a new subject, there is help available with childcare costs.  Find Out More
 
Children's Savings
Have you thought about how you might save for private education if required in the future?  Find out more on Education Planning
 
The government has released the Child Trust Fund Statistical Report for 2009. Have a look at myeggnest.com's comments.
 
Take a look at how your CTF is doing: Compare Child Trust Funds
 
Children's Savings News
Families Encouraged To Save With Child Trust Funds
The Children's Mutual has reminded parents to open Child Trust Fund accounts, if they want to improve the chances of their children's social mobility...Full Details

Tough Competition For Children's Savings
There are only six providers offering regular savings accounts available to children...Full Details

One Million Accounts With Family Investments
The Company also said that it now has over 1.1 million accounts in total and is the first provider to reach this milestone...Full Details

For more Children's Savings News, click here
And Finally....Competition
We have four Casa Cabana boxes to give away from Joo Joo.  As the saying goes, give a child a present and they will end up playing with the box.  With the Casa Cabana, they can play inside the box!  Paint it, play in it, store toys in it, or hide away from monsters.
For a chance to win one, all you have to do is complete the following sentence:  

 
The Casa Cabana is a pretend:

a) House
b) Boat
c) Car 

To enter our competition, please click here.

CLOSING DATE: 31st January 2010
 
 
Other competitions
Panduro Hobby
Sponsored Links
Request a Jump CTF or Jump Savings Brochure and receive a free copy of Money: Your Children, Their Future by Sarah Hamilton. Click here for more information.


This is a free service and is designed to answer your specific questions on Children's Savings. Ask Steve a Question here.
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