Thirteen to Eighteen
The teenager years are upon you and as your children start to make educational decisions and grow in to young adults themselves, you will continue to have financial decisions to make.
And remember, you look after your children for a long time but the period after they fly the nest will be even longer, so make time to consider your financial future as well.
Options
1. Children's bank accounts
As your children get older and accumulate pocket money and financial gifts, having their own bank account is not just financially prudent but part of an education in money itself. For information on accounts take a look at this page.
2. What's happening with your pensions?
So all the focus is on providing for the kids but it is unlikely that they will provide for you in retirement! So whilst you are taking care of all today’s financial matters it is worth considering your own pension. For information on things to be aware of take a look at this page.
3. Investing money for you and your children
As time goes by we all hope that we are able to save so as to provide financial security going forward. Whether you have funds from saving or another source such as an inheritance, investing money is an important part of the family finances. For information on things to consider take a look at this page.
4. Your financial future post children
As the children start to fly the nest your financial circumstances will change. Although they may never be financially independent, coming regularly to you cap in hand, the costs of the last eighteen to twenty years will lessen. For information on the areas to consider take a look at this page.
