Children born today face tough financial challenges when they reach adulthood, so in my latest tutorial i'm going to run you though two ways of building a little nest egg for them: the Junior Cash ISA and the Junior Stock & Shares ISA.

We have a sponsor for this one too: Columbia Threadneedle Investments, and in particular their investment trust division. They trace their investment roots back to 1868, when F&C Investment Trust, the world’s oldest collective investment scheme, was launched. Currently they manage 10 investment trusts, providing a range of investment opportunities including access to equities (shares), bonds, property and private equity (unlisted company shares). Each trust has different aims and objectives with the option of capital growth, income or a combination of both, and with a specific regional focus or with a global remit.

Check them out here: www.ctinvest.co.uk/isa2024

Timestamps:
0:00 What this video is about
0:27 Introduction to me
0:52 Why parents need to save for their children
3:45 Differences in tax treatment
4:44 If you want a low risk approach
5:40 Potential for stronger long term returns
6:47 Which can stay ahead of inflation
8:15 What if I need the cash quickly?

DISCLAIMER: I am not a financial adviser and none of the content on this channel should be construed as financial advice. If you are unsure about making an investment, please consult a qualified financial adviser.

References

AJ Bell growth of different contributions in a Junior ISA: https://www.ajbell.co.uk/group/news/d...

Barclays Equity Gilt Study 2023: https://www.cib.barclays/newsandeve...

ONS house prices: https://www.ons.gov.uk/economy/inflat...

Cost of higher education: https://ifs.org.uk/educationspending...
https://www.timeshighereducation.com/...

Taxes on savings: https://www.gov.uk/applytaxfreeint...