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The cost of raising children is ever-increasing and pressure is being put on parents due to inflation and rising education costs.
As a parent, you always want to do your best to help your child out financially and give them the best education you can when it comes to that time.
A Children’s savings plan is a savings plan that allows you to regularly invest in a broad range of investment funds.
Maximize your time and embark on shaping your future today. Request a quote now.
With the Children’s savings plans that we offer, your money is put in trust for your child, relative or godchild and the child will then avail of gift tax.
Ideally, it is suited for those who wish to save for 5 years or more.
A children’s savings plan allows you to maximise the Gift Tax when saving for your child or grandchild by enabling you to legally assign it to the child. Making full use of the Gift Tax annual exemption limit of €3,000 for any individual or €6,000 for a married couple.
Provide direction and protection to your wealth. Start your True Wealth Personal Financial Plan today by making an enquiry now.
Budget! As parents, we’d sacrifice anything to see our little ones get what they deserve. Budgeting is a great way to save money every month, even that €2 cup of coffee a day is €730 a year.
By a child’s 18th birthday that’s €13,140 in cash that you could have invested and gained the benefits of compound interest.
Why not try out our free budget planner, which tracks your income, debt, expenses & budget all in one handy spreadsheet…
Contact our expert team today and let’s make your money work for you. We’re happy to help.