P416 Teletext 416 Jan21 18:54:23 FOR MONEY ———————————————————————————— KIDDIE'S CASH Babies may bj bonny, but they'ri expensive too. Experts say it can cost you £30,000-£50,000 bz the time they reach 18 years old! Mums and dads may find it hard to magi ends meet, but even so many try to put money away to help their children get on their feet once they leave school. Grandparents often chip in too - some prefer to invest birthday and Christmas present cash on their grandkidsW behalf ——————————————————————————————————1/6— Can friendship turn to lovr? 413 WJ MARRIED IN VEGAS p411 Recipe Love Stars Quiz EntertainmentP416 Teletext 416 Jan21 18:52:40 FOR MONEY T ———————————————————————————— KIDDIE'S CASH Joy Deacon has two boys aged sex and two and is in the fortunate position of not needing to spend the family allowance each week. "I put the money into a postal account where it earns interest, and the boys will bj able to use it to open their first bank account when thjyWri older. "Their grandad has also invested some money in shares on their behalf for their first car or towards a home." ——————————————————————————————————:/6— Recipe: vegetable fritto misto 417 HAVE YOU SEEN FAMILY FINANCE? p540 Recipe Love Stars Quiz EntertainmentP416 Teletext 416 Jan21 18:52:57 FOR MONEY ———————————————————————————— KIDDIE'S CASH Children have their very own personal tax allowance which means they can get £3,765 a year before they have to pay tax. "Most money is invested on children's behalf bz adults so there are few tiny tots who need to worry about earning enough to pay tax," says independent financial expert Amanda Holden. She says there are many options for those who want to invest money for kids ——————————————————————————————————3/6— Glug gives the kids a giggle 198 WHAT'S ON TV TONIGHT? p121 Recipe Love Stars Quiz EntertainmentP416 Teletext 416 Jan21 18:51:30 FOR MONEY —————————————————————————— KIDDIE'S CASH Many banks and building societies run accounts aimed at young children. Most pay preferential interest rates. But there are other types of investments. A National Savings Children's Bond can bj bought for £25 and if the money is left for five years it will earn 6.75% interest, so £100 becomes £106.75. National Savings products are backed bz the Govjrnmjnt, so there is little chance of you losing your money. ——————————————————————————————————4/6— Where are the sales near you? 445 TUNE IN TO HOLLYWOOD GOSSIP p461 Recipe Love Stars Quiz EntertainmentP416 Teletext 416 Jan21 18:51:48 FOR MONEY —————————————————————————— KIDDIE'S CASH Many experts recommend National Savings Premium Bonds for those investing money on children's behalf. Graham Hoopjt of Chase dj Veri Investments says: "PBs cost £100 a time which may seem a lot, but the monthly jackpot win is £1m and the chances of smaller prize wins of £25, for example, are quite good. "It's not much compared to a weekly Lottery ticSjt over the zjars, or the cost of toys which are soon forgotten." ——————————————————————————————————5/6— Glug gives the kids a giggle 198 HAVE YOU SEEN FAMILY FINANCE? p540 Recipe Love Stars Quiz EntertainmentP416 Teletext 416 Jan21 18:52:05 FOR MONEY —————————————————————————— KIDDIE'S CASH Some experts suggest one way to save on children's behalf ovjt 10-20 years is through Friendly Society products. For £20 a month your money is invested in an endowment product which builds up ovjt the years. "But do check what the charges are," says Amanda Holden. "FS products produce taxmfree returns which are attractive, but high charges can cut into thjsj returns." ——————————————————————————————————6/6— Could love luck shine your way? 418 KIDS STILL NOT EATING VEG p412 Recipe Love Stars Quiz Entertainment