My first child is soon to be born and I am thinking about ways to save for his (and 1 sibling's, hopefully) 3rd level educations. We will be saving on a monthly basis, with an aim to have accrued a fund of c. €50K (in 2014 €) by the time they are 18. My wife is deeply risk averse and insists...
Hi all, I've got 2 kids under age of 3, and want to put some plans in place to save for their future. From various family gifts we have a starting pot of ~8k, and it became apparent that 18yrs of child benefit for 2 kids is worth €60k (at present rates) so really want to have a 100k target in...
I have a young child, and would like to invest for their future and make use of the 3k per annum small gifts exemption. I've seen a few options such as a bare trust and a Child's saving plan. But they all mature at age 18, and give complete control of the money to the child. I knew a couple of...
Want to open a savings account with a life company for my child for college. Any recommendations for best ones with lowest management charges? I was looking at Zurich Child Savings Plus but the Management charges look steep from 1.75% up
hi all, I am looking to put thr child be efit for my two babies into some sort of investment account that will grow until they go to college. what would be the bet thing to do. I dont want to leave it sit in a bank. thanks
Hi, My sister is looking at setting up a child savings account for her newborn. Looking to save approx €200 per month and maybe some lump sums from time to time. She called up Zurich and enquired about their account and was told that account is more for grandparents with a lot of money looking...
Hi there Looking for some advice or options on investing an amount on behalf of my son. I will be receiving some inheritance shortly and would like to put some away for my son to have access to when he is 18. Other than sticking it into PO/credit union/savings with little or no interest for...
Hi - I'm in a quandary. My kids were left 25k each by a grandparent in their will. It is sitting in cash in a well known stock broking firm in Dublin. Has been for 2 years. I am terrified of an investment decision that loses money for my kids. I know that investment carries risk. They will not...
Hi I'm dad to a 1 year old and we have been saving his allowance and adding to it ourselves since he was born. This is something we would like to do to help him with his future, whether that's a down payment on a house or education. Leaving it in a bank is just not going to give the returns we...
We recently had our first child and the child benefit will soon start coming in. We want to put this aside for the future (college etc) as the 140 a month really wouldn’t make much difference to us now but over 18 years it adds up. Rather than just sticking it in fairly low interest accounts...