The big mistake many make when saving or investing for their children…
4/23/20261 hr 4 min
Martin Lewis brings you everything you need to know about saving or investing for your children’s future, including: Junior ISAs, children’s savings, regular savings - and reveals the biggest mistake most parents make, so you don’t do the same! Plus, there’s car finance compensation news, as a claims law firm has announced it will take the regulator to court to try and increase consumer payments, but could it slow things down? You tell us the cheapest thing you've ever taken back to a shop to complain about, and Mastermind is all about which credit product has the most interest attached to it, you might be surprised by the answer! If you want to ask Martin a question, you now can! His Question Time podcast lets you ask Martin absolutely anything and everything (within reason!). So, if you’ve always wanted to know his favourite Morse code letter, how long he can hold his breath underwater, or have a very complicated question about your finances, email it to MartinLewisPodcast@bbc.co.uk.
Clips
Transcript preview
First 90 secondsMartin Lewis· Host0:00
[upbeat music] I can only hope it succeeds in getting more for consumers. We are a, a nation of savers, not investors. They need to make a big point.
Adrian Chiles· Host0:11
They're just giving me love and only protecting from love.
Martin Lewis· Host0:13
There is a rule on money put away by parents for under eighteens. Hello, I'm Martin Lewis, and this is the cunningly named The Martin Lewis Podcast. Huh, I do wonder what that's gonna be about. Now, usually, much of it comes from my BBC Radio 5 Live show with Adrian Chiles, but there's also bonus money-saving tips just for you lucky, lucky podcast listeners. In today's pod, it's a big ickle topic, how to save or invest for your children's future. Junior ISAs, children's savings, regular savings, and what is the biggest mistake most parents make? There's car finance compensation news, as a claims law firm has announced it will take the regulator to court to try and increase consumers' payments, but that could slow things down. And we as a nation under-invest. The government and investment firms are about to launch a campaign to change that. Will it work? Well, tell us this week, what's the cheapest thing you've ever taken back to a shop to complain about? You're gonna love those. Play the theme tune.
Speaker 21:16
[singing] I got bills I gotta pay. So I'm gonna work, work, work every day. I got a mouth. I got a mouth. I gotta feed. I got to feed. So I'm gonna make