[videojs youtube=”http://www.youtube.com/watch?v=z42ywmkgb0E”]
IMPORTANT details on the Junior cash and investment ISA, including eligibility, allowances, deadlines, rates, platforms, advantages and disadvantages.

Welcome! My name is Karen, I am a wife, Chartered Accountant and Entrepreneur based in the UK. I am on a financial freedom journey and I am passionate about helping you with weekly videos that cover tips and strategies on personal finance and wealth creation.

If you are thinking of ways to invest for your children, Junior ISAs may be a tax efficient option. In this video i explain the Junior ISAs in an easy to understand way, that will help you to make a decision on whether this is right for you. I cover;

– What an ISA is;
– Who can open a Junior ISA,
– Eligibility criteria for the children (age, residential status),
– 2020 / 2021 allowance,
– Types of ISA – Cash and Investment (Stocks and Shares ISA), along with their differences,
– How to reduce the risk of the stocks and shares investments,
– Transfer and withdrawal limits,
– The pros and cons / advantages and disadvantages of a Junior ISA.

Below are links to my other videos;
Cash, Lifetime, Innovative Finance, Stocks and Shares ISA – https://youtu.be/8dNURaEUub4
UK Stocks and Shares Investing for beginners 2020 – https://youtu.be/z-hzcJZNShI

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Disclaimer
I am not a financial advisor, the information in this video is for information purposes only.. Before investing, please consult a licensed professional.

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