Saving for our children’s future is something that concerns tons of parents. When there are so many daily pressures on parents, it is easy to see why saving is often not regarded as a priority – many parents are firefighting with their finances, juggling childcare costs as well as covering emergencies and the general cost of living. This is particularly true of the last 12 months, with so many parents either being furloughed, having to reduce their working hours to home-school and care for children, or being made redundant.
How can beanstalk help?
Beanstalk is a brand new family saving app that has been created by the team at KidStart, the unique free shopping club for parents that gives you money for your kids whenever you shop. Over the last 10 years, KidStart has helped thousands of families save millions of pounds for their children on shopping at over 2,000 retailers. Have you used KidStart before?
Through helping families save via KidStart, the team could see that the savings market for kids was ‘broken’. So many parents want to put money aside for their children, but the reality is that few actually do. Does that match with your personal experience?
The Beanstalk App was launched last year, to try to make it easier for families to save for their children. You can invite grandparents to contribute and through the app you have everything at your fingertips.
More than one child? No problem, You can see all your children’s accounts in one place with real time information. Worried about making an upfront contribution? Don’t be – they don’t require an upfront contribution or a regular commitment to open.
Why not download the app and take a look for yourself?
Competition time
The lovely team at Beanstalk want to offer one lucky Mummy Fever reader the chance to win a Pea & Bean Grow Kit from Kaleidoscope. These little kits are such fun to do with the children, especially at the moment when we are all a bit restricted to what we can do.
To enter, just complete the easy widget below.
Good luck!
*WIN* A PEA and BEAN GROW KIT IN COLLABORATION WITH BEANSTALKThis is a collaborative competition with Beanstalk* – the family app that invests in your kids.
*Capital at risk
TERMS AND CONDITIONS:
- Giveaway will run until March 10th 2021.
- There is one prize to be won.
- The prize is non-transferable and no cash alternative is offered.
- This giveaway is open to UK entries only.
- Entrants must be age 18 or over.
- Data controller for the purposes of this giveaway is Mummy Fever. Your details will not be used for any other purpose than selecting/informing a winner.
- Winner’s details will be passed to Beanstalk, who are responsible for sending out the prize.
- All entries will be checked.
- The winner will be chosen at random from valid entries after the closing date.
- The winner will be informed via email.
- Failure to respond within two days may result in a new winner being drawn.
- Once drawn, the winner’s name may be displayed on this blog post.
- Entry into the giveaway will be deemed as acceptance of these terms and conditions.
36 comments
Sometimes I do!
It is difficult to save generally at the moment, particularly putting extra money aside for the kids
yes especially now
My children are quite good at saving and setting goals .
yes, I don’t do a whole lot of it as I can’t really.
I’ve just got a new job so saving is key right now for me and my little law as we want to do so much when lock down is over ?
We should save more than we do
Definitely need to make a bigger commitment to saving! Its definitely necessary nowadays
I’m trying, a little when I can
Its so hard to safe. And i’ve got the added pressure of the ex being a witch
It’s been my priority since day one, and the money goes out automatically before anything else. Anything I can save on top of that is a bonus
Since I had twins, we have struggled to put money into savings for all 3 of our children but any birthday or Christmas money they get goes straight into their savings accounts.
This would help so much with our kids
Very very difficult yes, many thanks….
I have some money go into a savings account automatically every month.
It is always hard to save for your children, but we just try to do our best and hopefully get somewhere.
yes also my self
Saving has been a priority
Not really enough left in the pot at the moment to save for the children unfortunately
Definitely especially during the pandemic, I get to spend more time with them but we have less money to do things as I’m on 80% of my wage. But after I’m back at work it’s time to start again!
I’m on benfits so I’m constantly dipping into money I’ve tried to put away for them. I feel awful doing it but I have to.
I dont but I dont save a huge amount just a few pounds a month – whilst I would obv want to support them I also think they need to learn to manage their money themselves – H is now saving her money as she knows we are going on holiday in September (covid withstanding), she knows we will match her savings and at 7 is able to understand that putting by some of her pocket money now will mean a much more fun holiday later – she also knows that sometimes she will have to save for something and then she values it more
I try, but always bills!
Yes I do. Work is so uncertain in these crazy times
It’s hard to save full stop but I always put the children’s needs first
Yes Very much so. difficult these days with more income going out, than coming in. Might not be able to save that much for them but I try to buy them what they need and want when I can.
I do try and save all my kids have bank accounts input all pocket money in and if the get money for birthdays they go in t
I always did & wish I was able to save more & thought about the future more when they were younger.
I do try but money is so tight at the moment
Very hard to save when the cost of living is high and wages too low to meet demands
It’s hard, but it is a priority
Yes, most definitely. Would love to win this. This would be a lovely win for me but all the best to all the other entrants too.
It is difficult when you need all your earnings to live on!
I have become quite good at saving and luckily my children are also good at saving, but boy oh boy, when I was younger I was an awful spendthrift!
Very difficult! A tight budget makes it so
Yes!