HI I have two children who have savings of £ 1.500 each and I also have savings of £ 2.500 .Which was left to us by a realtive .
I want to save up to buy some things for our house but am worried about going over the £ 6.000 mark which the goverment says your allwowed to save before they start docking you money .
What i want to know is do they count the childrens savings as mine or not they are in acounts with there names on and the money has not been touched at all for well over a year i want them to have it when they are older my daughter had to sign for her account as she was 13 but my son was only six so i had to sign to open his acount. any ideas would be good thanks dont want to get into trouble with the beneifit people
The benefits we get are esa dla ctc
I want to save up to buy some things for our house but am worried about going over the £ 6.000 mark which the goverment says your allwowed to save before they start docking you money .
What i want to know is do they count the childrens savings as mine or not they are in acounts with there names on and the money has not been touched at all for well over a year i want them to have it when they are older my daughter had to sign for her account as she was 13 but my son was only six so i had to sign to open his acount. any ideas would be good thanks dont want to get into trouble with the beneifit people
The benefits we get are esa dla ctc