))
Ep 18: How To Invest Your Children’s Allowance
Manage episode 392136927 series 3526983
Content provided by Ciaran Mulqueen. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Ciaran Mulqueen or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
In this enlightening episode of The CHP Podcast, I delve into a crucial topic for parents in Ireland: how to effectively invest your children’s allowance for a prosperous future. Joined by Niall, financial expert from Financial Planning Matters, we explore the intricacies and benefits of the Children's Regular Savings Plan.
We discuss everything from the basics of setting up the plan, to its risks, rewards, and tax implications. Our conversation covers critical questions like the plan's accessibility, legal aspects concerning the child’s funds, and its comparison with other savings options like state schemes, banks, or credit unions.
Whether you're a seasoned investor or just starting to think about financial planning for your children, this episode is packed with valuable insights and practical advice on making the most of the €140 monthly children's allowance. Tune in to learn how to secure your child’s financial future, one smart investment at a time!
You can order my book: "How to buy a home in Ireland" here
Sponsors: Beat The Bank & Daft.ie
Please support the Podcast and Instagram if you can over on my Patreon
Make sure to follow me on Instagram and if you want to support the page and podcast, head over to my Patreon and get access to over 70 extra exclusive podcasts
21 episodes
Share
