£1.50 a month. It doesn’t sound a lot does it?
I don’t have kids myself, but I put £1.50 a month into the accounts of some kids who are special to me. I started it when my oldest niece was born in 2001.
It started off doing it for family, and now I’m picking special little babies who I want to give to.
I’ll put £1.50 a month into their bank accounts for at least 18 years.
That’s £324 over 18 years, that I’m giving away, to 7 kids… and I’m hopefully about to do it for two more babies I know, once I get their bank account details.
Then if we add interest to that. Say they have a children’s bank account that has a 4% interest rate…
My £324 could turn into about £475… an extra £150 out of no where.
One of the kids is going to be 18 soon, and I can’t decide if I should stop the deposits or not at the end of her 18th year… we will see.
My kinda charity, to give little amounts over a long time, to those that I’m close to. See if I can help make a little difference for them.