Monday, 21 May 2012

Ready Parenting Tip of the Day #6: Save money with Kidstart

If you live in the UK, you can save money for your kids using Kidstart. I wouldn't recommend it enough!... I have made close to £100 of savings for my kids already!


Kidstart is  a free website (shopping club) where members can collect money for their children. Anyone can collect cash: parents, family members, friends, colleagues, etc. Retailers offer a specific amount of money or per cent savings per purchase.


It's free, no hassle, you just have to go through the website to find your retailer and make the purchase, is that easy!


You have a statement that shows clearly your savings by retailer and by source. It also shows the amount transferred. You can add as many children as you have and split the savings. When you have a specific amount saved, the money is transferred to the children savings or ISA account or trust fund. If your child doesn't have any of those yet, don't worry, keep the savings until you open an account. But you better open one soon to get the interest.


If you are pregnant, open the account and remember to make your new baby shopping through Kidstart. There are lots of things to buy at that early stage so I recommend you to save some money.


My trick is:
  • Use Kidstart to compare prices of the items to shop
  • Use Kidstart vouchers if there are any
  • Buy through Kidstart to get savings back for your kids
  • Use a credit card that gives you points or miles to pay

And invite family and friends to buy using your Kidstart so you get savings back for your kids!


If your company allows it: buy flight tickets or stationery using Kidstart!


Be smart and save!!





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