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Child Isa launch today are they worth it?

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Old 01 November 2011, 07:28 PM
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vallumlj
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Default Child Isa launch today are they worth it?

We have just had our first child and would like to set up a savings account which us and our family can pay into regular.

There are some many on the market which way should i be looking normal bank account / savings or a isa?

Any advice would be great.

Thanks
Old 02 November 2011, 07:55 AM
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vallumlj
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anyone
Old 02 November 2011, 09:12 AM
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keithp2299
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In the same boat.

Gonna do the ISA because it's got a higher interest rate than the other long term schemes.

This ISA cop out in no way makes up for losing the £250 health in pregnancy grant or £250 child trust fund voucher & everything else they stopped though.

I heard that if you had your child last year your £60 a week better off than we are now, because off all the cut backs.

God damn con-dems, that money would have been handy
Old 02 November 2011, 10:21 AM
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Child benefit set to disappear soon as well it you have a high rate (40%) tax payer in the household (i.e. me )
Old 02 November 2011, 10:23 AM
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TelBoy
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ISAs are tax free, so is there really any decision to make here??
Old 02 November 2011, 10:54 AM
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Chip
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Originally Posted by keithp2299

I heard that if you had your child last year your £60 a week better off than we are now, because off all the cut backs.
Really, I can't for one minute believe that.
Old 02 November 2011, 10:55 AM
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TelBoy
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The information, or the spelling therein, Chip?
Old 02 November 2011, 10:58 AM
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Chip
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Both, busy again today I see Tel
Old 02 November 2011, 11:09 AM
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TelBoy
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You come and tell me whether to buy or sell in this market! Report in the FT yesterday that the volatility index was the best indicator of coronary heart failure amongst traders. These past few months have been a frustrating enforced "holiday"
Old 02 November 2011, 11:14 AM
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Chip
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Originally Posted by TelBoy
You come and tell me whether to buy or sell in this market!
I would but unfortunately I am down in Dartmouth for a well earned break, just sitting watching the world go by. .
Old 02 November 2011, 11:27 AM
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TelBoy
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Nice place. Had a meal in the Carved Angel when it was still open, got some weird marmalade stuff with halibut, not sure it worked very well. Kingswear is where i spent August 1999 for the solar eclipse standing next to the VSOE - happy days
Old 02 November 2011, 11:34 AM
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Chip
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Tel,

We went to the Carved Angel when JBR was there, great food and nice and informal as well, and is now called Angelique. There are loads of good places to eat down here now especially if you like fish obviously.

We too watched the eclipse down here but we were on Berry Head. Great time though.
Old 02 November 2011, 08:29 PM
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vallumlj
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What company are you looking to use for your isa
Old 02 November 2011, 10:45 PM
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Choose a Cash or Share one, investing in kids is a **** idea
Old 02 November 2011, 10:51 PM
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Originally Posted by keithp2299
In the same boat.

This ISA cop out in no way makes up for losing the £250 health in pregnancy grant or £250 child trust fund voucher & everything else they stopped though.

God damn con-dems, that money would have been handy
thank god they got rid of both of them!

one was paying for you to have kids and the other is money that you will never ever see .
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