Saving for your grandchildren - Grow your nest egg

Saving For Your Grandchildren Have you thought about how you could help your grandchildren financially? Putting something affordable aside on a regular basis whether it's weekly or monthly could help with their... first home first car further education For savings options, there are a range of choices from a simple bank or building society savings account or tax free ISA through to stocks and shares, premium savings bonds or peer to peer (p2p) lending. You may be surprised how significant your nest egg could become. How To Grow Your Nest Egg £40 per month over 18 year period Savings Account P2P Investment Savings account, with a typical interest rate of 1.5% Lending money to businesses through a peer to peer (p2p) platform for a 6% return Element of risk Higher reward Low risk Low reward £9,910 £15,310 Read the full article Saving For Your Grandchildren, by our guest writer personal finance journalist Andrew Hagger, as well as other topics in this series at www.crowdstacker.com/knowledge-hub Your capital is at risk if you lend to businesses through peer to peer lending. Peer to peer lending is not covered by the Financial Services Compensation Scheme FSCS. CROWDSTACKER Interest made interesting