All Questions
9
questions
2
votes
1
answer
249
views
How much should we have/save before having a child? Baby planning a couple years out [closed]
Edit: Additional helpful information.
Location: USA: Oregon
Lifestyle: Middle-class and content that way. I have biologist job, so I'll never be 'rich' and "millions" is certainly an exaggeration.
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1
vote
2
answers
396
views
How can I help a 17 year old track and pay me back a personal loan?
I’m selling my 17 year old cousin my car. He wants to make regular payments on it, every two weeks or so. Instead of taking cash, issuing receipts, and tracking this on paper somewhere, I’d like to ...
1
vote
1
answer
171
views
Australia- Bank account for newborn
I have just acquired a newborn, and would like some advice in setting up a long term financial plan. I don't have a target amount in mind, just to have some money to help her when older (roughly 18-21 ...
40
votes
1
answer
5k
views
Where can I put savings for my kid that I literally cannot withdraw from?
I currently have a second savings account where I'm saving money for my child's future - most likely it will be used for their college and/or wedding.
I've heard horror stories of parents stealing ...
1
vote
1
answer
76
views
Most effective instant access savings for a child - UK
We have a maxed out stocks and shares ISA for our baby - what is the most effective non-term limited account that can be in her name? We're thinking it will be useful for birthday parties, clothes etc....
7
votes
2
answers
173
views
What to consider when starting a savings account for my children?
I want to start saving some money regularly for when my children turn 18.
What options are available to me and what are some things I need to consider when choosing the right approach?
23
votes
9
answers
2k
views
What are the best strategies to give pocket money or an allowance to children?
What are the best strategies to give pocket money or allowance to a child especially if you would like to teach them something through this, e.g. saving?
11
votes
3
answers
701
views
At what age should I begin discussing money - saving, spending, investing - with my child / children?
In addition, when should I open a savings account at our bank for my kids; and give them accountability over it?
10
votes
6
answers
1k
views
What are good games to play to teach young children about saving money?
I've heard that giving allowance is one approach to develop an understanding of money management. What other ways are available to teach kids about the benefits of savings?