Quote Originally Posted by Returnofrros View Post
Islay it's not taught at school.

How to be " kind an inclusive " is but not saving.

Investing is frowned upon by just about every main stream " money guru"........Martin Lewis will go into overdrive if he finds a savings account paying 0.1% more than normal rates but barely mentions investing without spitting contempt.

I'd give ( not me personally, I'd never give any bugger anything �� ) every 16 year old £3,000 that couldn't be touched till they are 30 and it had to be invested......not put in a stupid cash ISA.

Not advised by banks, advisers or anyone else, there own decision on where the money goes, get them interested, get them into switching, get them reviewing their own investments......I'm sure if they were given a few grand a large number would take an interest especially if they are turning 3k into 10 to 12k over 14 years.

Habit forming.
Gordon Brown when he was Chancellor of the Exchequer introduced the baby bonds which were supposed to encourage parents to save money for their children until they reached 18 years of age when they could access the money themselves. However some of projected increase in the amounts earned by the time they were 18 did not materialise.
I remember when I was at primary school we were encouraged to open a savings account in the Dundee Savings Bank.
I think that my parents had opened a savings account in the Dundee Savings Bank shortly after I was born.
Nowadays what exactly do children get taught at school.