My husband and I would like to save some money monthly for our new baby for his future use. Is there any Children's saving account with good interest rate? What is the best way to invest/save for our baby?
the easiest thing to do is to get your child benefit paid straight into the Postbank account, the childcare allowance also goes in. I don't know what interest rate it is but if you could leave it alone there would be a significant lup sumt here when they are 18/21 or whatever.
I remember as a naive kid asking my mother if i could have my children's allowance......