ad In this middle bit of parenting, one thing I really want to get right is teaching my children about money. Because let’s be honest, financial literacy isn’t something they really learn at school.
So we’ve set up
@monzo Under 16s accounts for the boys. It makes saving feel simple and motivating, while still giving me reassurance as a parent. I can set spending limits, while they can see their money growing, earn 2.75% interest on their savings, and start building confidence around money - not just spending it, but understanding it. That’s what the middle bit of parenting feels like to me, guiding them now, so they’re ready for what comes next.
Download the Monzo app to set up an Under 16s account today. (Interest paid monthly. £10,000 maximum in savings per child. Ages 6–15. Parent/Guardian account needed. UK residents only. Ts&Cs apply.)
#U16