The Bank of Mum and Dad should have rules too..

In today’s Press & Journal, Carbon’s Investment Director, Barry O’Neill, writes about a slightly different topic from the normal investment and pensions subject matter. Nonetheless, his article is equally important, and in many ways, closely related to your own financial future.

As Barry beautifully describes, our kids are experts in exploiting the somewhat more relaxed terms and conditions offered by the “Bank of Mum & Dad”, something every parent will be familiar with. However, Barry feels that one of the greatest gifts you can give them is a firm grounding in the value of money, and the absolute need to budget properly.

Barry draws on the experiences learnt from bringing up his two teenage daughters and stresses the importance of setting your kids out on the right financial path. Anyone with children, or even planning a family, should read the article, it will provide you with some useful pointers.

You can read Barry’s article here, or by clicking the image below.

If you would like to discuss your financial planning options, please contact us with any questions you might have. You can do this by calling our head office on 0131 220 0000, or by emailing us at enquiries@carbonfinancial.co.uk. or you can also follow us on Facebook, Twitter or LinkedIn.

You can view Barry O’Neill’s profile here.