printer logo

Getting them to see the benefits of long term saving

15 August 2008

Understandably kids find it hard to see the benefits of long term savings. After all, it’s just cash in the bank when it could be spent on the things they want now!

You can’t see it, you can’t touch and you certainly wouldn’t want to taste it! Children tend only to appreciate the value of money only when they come to spend it.

Patience will bring its rewards - for the full story on compound interest see our full length feature article in our tools and tips.

Good homes for children’s savings

It’s never too late to start saving, look here for some ideas for tax efficient savings for children and young people.

Tools & tips

For practical help on a wide range of money issues - look no further.

Where next?

If you still want to know more, here are some links you might find useful:

To provide you with the fullest range of information and opinion, we draw from a wide range of sources and so the views expressed here do not necessarily reflect those of NS&I and should not be taken as financial advice.