Saving your children in lumps. Low interest on deposits.
This era, 0.5-2 0% deposit interest is considered very low.
Would it be better if your parents put the money in the right place?
Due, the baby received a lump sum.
Example 1-year-old child: 30-year-old parent
Savings to children 3,000 / month
10 years of savings. Stop saving.
10-year-old child: 40-year-old parent
Total due 457,000.-
20-year-old child: 50-year-old parent
👧🏻 get a refund every year, 3,000 a year. - 👧🏻
# Saving money for children # Newborn child money # Savings insurance # Easy savings # Financial planning
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