Except for the capital, savings that grow over time can also inspire your child to have a healthy attitude toward money and consumption. By involving our children in their savings gradually we give them better possibilities to be able to balance their economy in the future. They will likely be more prepared than someone who receives a lump sum and does not understand the time that went into making that savings grow.

To get started with savings from nothing be feel overwhelming or impossible at first. But with long-term savings in funds with the support of the child allowance for example it's possible to get very far over time. Since we're investing for far into the future an equity fund is an option.