Savings for Children

Savings Guide - Children's Accounts

Most banks and building societies offer customised savings accounts for children. Usually they pay higher rates of interest than traditional savings accounts but don't assume this.  Savings accounts for children sometimes have a good introductory rate but can drop later..

As childrens savings accounts would suggest, there are age restrictions for these savings accounts. Most of them have to be closed by age 18.

Some children's savings accounts need notice to be given before cash can be withdrawn without losing interest. Some savings accounts  aimed at children may also restrict the number of withdrawals over a certain time period. Make sure you know your childs needs before making a decsion.

	The Money Management and Savings Workbook for Children
	When I Grow Up I'm Going to Be a Millionaire Savings for Children
	Teenage Investor
	Savings and Investment Information for Children
	Clark Smart Parents, Clark Smart Kids
	The Savings of P.S. Author: Robbie Branvaum;
	Rock, Brock, and the Savings Shock

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