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£200 a month. A Junior ISA. And 50 years of compound interest doing what compound interest does. That's it. That's the plan to hand your kid £1 million. The Junior ISA allowance is £9,000 a year and most people have never opened one. Tax-free growth, no cap on how much it grows, HMRC nowhere in sight. Start now. The account does the rest! #stocksandshares #ukpersonalfinance #ukinvesting
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3 Accounts you NEED by 18…👇 1. A stocks and shares ISA This is the holy grail of accounts when it comes to building long term wealth. If you don’t know what compound interest is, you will soon! 2. A High Yield Savings Account This is the prerequisite account where you need to house your emergency fund of 3-6 months of living expenses before you think about building any wealth. 3. Credit Card They’re actually not scary. A credit card is a gateway to loans, and loans will be the tool you use to g
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