A great way of saving for your child’s future at no extra cost
I’ve just signed up for Kidstart as an easy way to add savings to JP’s Child Trust Tund (CFT). The child trust fund service offered by Kidstart does sound a little bit too good to be true. It allows you to save while you spend online at your favourite shops. It lessons the guilt of online shopping sprees somewhat if you know a percentage of the purchase value is going into your child’s saving account. If you are familiar with cashback sites such as Quidco, this easy way of saving for your child’s future will make complete sense.
Both Family Investments and F&C allow you to sign up to Kidstart as a way of topping up your childs CFT every time you shop. Every time you buy something from one of 320 retailers via kidstart, you earn a a percentage of the purchase value. The money is collected by KidStart and desposited into your Kiddybank. From the Kiddybank profile page you can add your child’s CFT account.
Incidentally it only took me less than 5 minutes to sign up to kidstart. I’ve been able to add JP as a recipient, add a photo of him and invite my husband to start saving for him too. Now I guess I just have to start spending!
