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Teach kids important life skills this summer

The six-week summer holidays is the perfect time to teach little ones some important life skills

Give the kids some life lessons this summer

With a long six-week school holiday, why not take some time to teach your children about saving

child photo S Friendly July 21 474

Six weeks is a long time to keep children entertained and there are only so many activities you can do with them. So why not use some of the time to teach your children some useful life skills that can be both productive and educational.

It’s great to have time with your children and do things as a family, but the costs can really add up. So, mixing things up with something educational cost-free activities can really help. You could try a weekly reading challenge at your local library or getting out and about for some exercise together. Why not spend a little time brushing up on their favourite school subjects, or learning about local wildlife and teaching them how to save money by helping them budget their pocket money.

A great way to teach them about money is to show them in a real way of how saving works, you could open a Junior ISA and show them the contributions build up each month.

Shepherds Friendly have a range of child savings plans. A Junior ISA account can be opened from just £10 a month (or a £100 lump sum). Alternatively, if you value sustainability, the Sustainable Junior ISA aims to invest in sustainable companies that offer long-term growth, while making a positive difference to the world your child grows up in.

Remember: When investing, your capital is at risk. In poor investment conditions a Market Value Reduction (MVR) may be applied.

Teach kids important life skills this summer