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The Child Trust Fund -
why is the government giving this money away?

There isn’t a catch. The Government has decided that it wants all children to reach the age of 18 with some money behind them. And there isn’t a restriction on what it can be used for.

  • A car could make a big difference to a young person living out of town.
  • Education costs are rising but spending money on it could be an investment in itself.
  • A gap year before further education or work is a great way to get some life experience but funding one doesn’t come cheap.

The Government is also hoping that the new Child Trust Fund will get families to talk about finances and help children understand how to manage their money as they grow up.

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