Wealth Manager Reveals: How To Make Your Child A Millionaire (From £120 A Month)

👉🏼 Get FREE FRACTIONAL SHARES worth up £100 when you deposit £1 with Trading 212 🔗 https://www.trading212.com/join/MGP If you don't receive the free fractional shares - head to the menu and put the word 'MGP' into the promo code section. (Capital at risk when you invest) --------- Gains App is LIVE! An AI-powered budgeting and cashback app designed to help you make more of your money. Download here 👉 https://gainsapp.com/ ---------- In this episode of the Money Gains Podcast we welcome Sophia Jarvis... "Wealth Manager of the Year" turned founder of Mia Wealth... to the show. Sophia, a Chartered Financial Analyst who spent 15+ years managing family wealth, gets into why 90% of UK kids have no investments to their name, the accounts nobody tells you about, and how a tiny amount each month could set your child up to be a millionaire, buy their first home, and never feel the money panic the rest of us grew up with. Sophia's Links 🔗 Are you a parent who wants to start investing for your child, or a gifter who wants to buy investments instead of more stuff? For more information visit https://miawealth.co.uk/ When you invest your child’s capital is at risk. Tax treatment is subject to individual circumstances and is subject to change. Money held in a Junior ISA is normally only accessible by the child once they turn 18 and a private pension can currently be accessed at 55. ✅ Why 90% of UK kids have no investments, and the account less than 1% children have but that could make your child a millionaire ✅ The Junior Pension almost no one talks about and the 25% government bonus you get on all contributions into it ✅ How her own dad turned a £120 contribution each month into £70,000 by her 18th birthday, and what it taught her about compounding ✅ Why we're drowning in plastic toys (the average 10-year-old owns 238 and plays with 12), and how to redirect gift money into their future ✅ Junior ISA vs Junior Pension vs Premium Bonds, which to actually use, and the first step to take today ------ DISCLAIMER: This episode is meant for educational purposes and should not be considered financial advice or UK tax advice. When you invest your capital is at risk. Past performance is not a guarantee of future success. Always do your own research. This episode description contains affiliate links - if you click on one and make a purchase we may receive a small commission. This does not alter our suggestions and there is no charge for you. Take the FREE Money Personality Quiz 👉🏼 https://upthegains.co.uk/quiz Get The FREE 10 Step Checklist That Grew My Portfolio To Over £160,000+ 👇 🔗 https://upthegains.co.uk/investing-checklist