‘Invest today!’ Children can save £265,000 by their 18th birthday thanks to Junior ISAs | Personal Finance | Finance


“One thing that has changed dramatically is the amount you can put away in your child’s Junior ISA each year, rising from the original £3,600 to £9,000 today.

“It means that parents with money to spare can build up a very sizeable pot for their kids by the time they reach their 18th birthday.

“For a child born today, if you put away the full £9,000 a year and assume five percent growth, you could have more than £265,000 by their 18th birthday – definitely a birthday gift your child will thank you for.

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