| Comment | We didn’t inherit, but we got some help from my Granny (who sadly died when I was a teenager) - when I was a kid she put £35/mo for 5y into a children’s bond. By my late 20s it was worth £6k. My now-wife and I both did the max input on the “help to buy” scheme for ~2.5y, and that was (just) enough for us to buy our first house in 2017.
Now that we have a kid, I’ve opened an index-linked tracker ISA and we put in £100/mo (which I realise not everyone can afford).
If we somehow kept that up until our son was 25, we’d have paid in ~£30k, but it’d be worth ~£90k. |
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