E223 - TFTakeways | Daniel | Forget about a savings account for your child Part II

In episode 210, I shared the reasons why I stopped putting money into my son’s savings account and why I opted for a Junior Stocks and Shares ISA.In this week’s Takeaway episode, I want to double click on what was shared previously, in addition, speak about * How does a Stocks and Shares ISA differ from a Junior Cash ISA?* How many Junior Stocks and Shares ISAs as well as Junior Cash ISAs can you have for your child?* Drawbacks of a Junior Stocks and Shares ISA* Whilst the capital will appreciate, you thinking your child couldn’t handle such a sum at 18 when they take control * There are so many different providers and shares, funds etc, how do you choose the right one?Aʟʟ ᴠɪᴇᴡs ᴀʀᴇ ᴏᴜʀ ᴏᴡɴImportant Information: This podcast is for information purposes only. Matters discussed are not intended to provide and should not be relied on as investment, accounting, legal or tax advice or recommendation. The views and opinions presented are those of the four podcasters (and/or any guests) and these may change.We advise that you seek and/or obtain independent professional advice in relation to your personal circumstances.If you have any feedback or any topics, you'd like us to discuss on the show, DM us on Instagram @takeflightpodcast. Please also subscribe and leave a review on whichever platform you are listening on (we are now on YouTube)#takeflightpodcast #podcastersofinstagram #spotify #podcasters #podcastshow #podcastinglife #podcastaddict #podcastlove #applepodcasts #applepodcast #podcastmovement #newpodcast #podcasthost #podcastnetwork #podcastsofinstagram #spotifypodcast #podcastreel #podcastseries

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