Got kids?

Plan to?

They can be expensive! 😰

But..

What if I told you there was a way of securing a stash for them by their 18th birthday, worth:

ÂŁ46K in the UK
$71K in the US! đŸ€Ż

And all it’ll cost you, is £15.80/month, or nothing in the US!

Read on.. 👇
This would be enough to pay for University 📖

Their first car 🚗

Maybe even a contribution to the deposit on their first house! 🏠

How amazing would it be to provide that kind of financial support to the ones we love?!

Sound good?

Let’s see how we make this happen...
In the UK, parents are entitled to something called, Child Benefit

The good ol’ government deposits £84.20 into your bank account every 4 weeks upon the birth of your child.

And in the US, you get a child tax credit worth $2,000 per year.

Less if you earn over $200k pp.

Now..
Instead of squandering this or absorbing it into your mounting expenses

You need to be smart...

Treat it like money you never had.

Here’s the details...
In the UK, top up the ÂŁ84.20 to ÂŁ100 by adding that ÂŁ15.80 I mentioned earlier

US & UK - invest your benefit in an index fund via Vanguard

Or in ETF’s via your investment platform, if you’re confident

How does this ÂŁ1,300 or $2k/yr transform into big money?!

Let’s see...
If you invest in a fund with maximum exposure to the stock market

You’ll see normalised returns of 9-12% yearly

But let’s go worst-case, factor in inflation, and say 7% growth on your £1,300/year

This is how your money would grow (UK)
If you invest in a fund with maximum exposure to the stock marketYou’ll see normalised returns of 9-12% yearlyBut let’s go worst-case, factor in inflation, and say 7% growth on your £1,300/yearThis is how your money would grow (UK)
If you invest in a fund with maximum exposure to the stock marketYou’ll see normalised returns of 9-12% yearlyBut let’s go worst-case, factor in inflation, and say 7% growth on your £1,300/yearThis is how your money would grow (UK)
And in the US

This is what your growth would roughly look like, assuming the same percentage figures:
And in the USThis is what your growth would roughly look like, assuming the same percentage figures:
And in the USThis is what your growth would roughly look like, assuming the same percentage figures:
The great thing is

The UK government increases this payment in line with inflation!

So, your final amount will actually be more if you keep your contribution the same!

And if you have two kids, 3 years apart, this is what you can expect at the first Childs 18th birthday đŸ€Ż
Our children deserve for us to set them up properly and prepare for their future!

If you’re unsure of where to start with this

Please reach out to me

I’d be happy to help 👍 https://twitter.com/messages/compose?recipient_id=1157202355458387968
You can follow @FiSavvyDad.
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