How much should you be saving for your child’s future?

There is no denying that providing for children can put a big hole in our pockets, and with prices rising that isn’t going to change anytime soon. However, as parents it is in our nature to want to provide our children with the best start in life, and that includes their financial futures, too.

Whether you want to save for your children to help them buy their first car, contribute towards their wedding or to help towards a housing deposit, it can be difficult to find the cash – unless you have a plan in place to save a small amount over time from when your child is young.

By focusing on a savings goal over a long period of time, it can help you to set more realistic saving goals.

Shepherds Friendly’s infographic below helps you consider whether you are saving enough to reach a savings goal for the future of your child. Are you saving enough for your child’s future?

Are you saving enough for the future of your child? via Shepherds Friendly

Shepherds Friendly offer a range of child’s saving plans that allow you to save for your child’s future.

 

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