Saving for Children
Money Box
BBC
4.2 • 804 Ratings
🗓️ 22 September 2021
⏱️ 29 minutes
🧾️ Download transcript
Summary
Do you have a question about saving and investing for children? Whether you’re interested in easy access, regular savings accounts or thinking of stocks and shares, our panel will be ready to help on Wednesday’s Money Box Live.
Whatever your question, e-mail [email protected] now and please include a phone number if you’d like to take part in the programme.
Joining presenter Charmaine Cozier are:
• Chartered Financial Planner Claire Walsh • Rachel Springall from financial comparison site Moneyfacts
Presenter: Charmaine Cozier Producer: Diane Richardson Editor: Emma Rippon
Transcript
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| 0:00.0 | On a winter's night in 1974, a crime took place that would obsess the nation. |
| 0:07.0 | It was an extraordinary news story. |
| 0:09.0 | The story of an aristocrat, Lord Lucan, who's said to have killed the family Nanny, |
| 0:14.0 | mistaking her for his wife, then somehow just disappeared. |
| 0:18.0 | One of the great mysteries in English criminal history. We're still looking for |
| 0:21.7 | Lucan. It's honestly one of the most powerful stories of my lifetime. I'm Alex Fontunzelman. This is |
| 0:27.8 | the Lucan Obsession. Listen on BBC Sounds. BBC Sounds, music, radio, podcasts. Welcome to the download of Moneybox Live, the program about your money. |
| 0:40.9 | Today we'll be talking about saving and investing for children. The amount you can afford to put a way to help improve a child's financial prospects may be large or small, but there are a range of options to suit all budgets. |
| 0:53.1 | We'll also look at ways to get children involved in managing their money. |
| 0:57.0 | Speaking of which, Moneybox reporter Steph Okoreki |
| 0:59.9 | recently took some money lessons with the first Sunbury on Tem Scouts |
| 1:03.5 | as they work towards their money skills activity badge. |
| 1:07.6 | Oh, they love, we do our best. |
| 1:13.6 | Cubs do your best We will do our best |
| 1:15.6 | So this evening we're looking at the new money skills badge |
| 1:19.6 | They're currently doing something where they're looking at buying different items |
| 1:23.6 | It's getting them to think about how they're spending their money |
| 1:26.6 | And where they need to budget and buy they're spending the money and where they need |
| 1:28.4 | to budget and buy. |
| 1:29.9 | I want to become a chef, so I need to save it for a chef knife. |
| 1:33.0 | But that costs money, so I need to not spend all the sweets and other stuff. |
| 1:38.3 | How much did you know about money before? |
... |
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