Liv & Paul’s Web Page

The plan for Henry’s savings is to have three accounts, a Child Trust Fund, some tax free cash savings, and some tax free shares.

Liv is going to look after the tax free cash savings, and has set up a HSBC Cash ISA, of which £40 is allocated to Henry, with the intention of putting £10 a month in after April.

I’m going to look after the tax free share account, by allocating a portion of my share ISA to Henry, currently I’ve put in £62.39 which is from my Google Affiliates earnings, plus December’s £10. This has earned Henry a 0.6% share which currently consists of:

• 2 Cattles shares
• 6 Galliford Try shares
• 9 Highway Insurance shares
• 2 S & U shares
• 3 VP Group shares
• £13 cash

This does mean I’ll have to do a regular monthly valuation, to keep track of how Henry’s investments are doing.

Not decided on which CTF provider to use, or whether to go for Stakeholder or Cash versions.