A children’s depot unfolds its full potential, especially if you use it consistently and strategically for years. Even small, but regular contributions can create a solid assets over time – provided you are going long -term and with a clear plan.
When investing for children, one thing counts one thing: the time factor. Instead of trying to find the perfect starting point, it is usually more sensible, to continuously invest in a savings plan. So you distribute the risk of many market phases and benefit in the long term from the average cost effect. Fluctuations on the stock exchange also lose their horrors – they are part of the path and often even an opportunity to buy cheaply.
Especially in the early years, you can invest braver, for example via broadly scattered ETFs with a higher share of stocks. The closer your child comes from the age of majority, the more sensible it is to gradually set up the depot. In this way, you reduce the risk that short -term price losses will lead to financial losses shortly before a planned payment.
Many providers enable you to To change the amount of the monthly savings rate at any time. This gives you the freedom to invest more in good months or to temporarily suspend if necessary without completely stopping the savings plan. Also one -time payments – for example on birthday or school – can be booked easily and increase the effect of depot growth.
A children’s deposit does not have to be financed solely by you. Grandparents, godparents or other family members are often happy about a way to contribute to the future of the child sustainably. Instead of toys or money gifts on the checking account, you can specifically ask for contributions to the children’s depot – many banks even offer gift functions or their own entrances for other payers.
With the 18th birthday, the children’s depot automatically turns into the possession of your child. It is worth talking to your child about the depot early on, the investments made and the previous structure. The better your child understands how investment works, the more responsibly it will probably deal with the depot. Perhaps it even becomes an impetus for your own financial planning.