Transition to Adulthood
When Emily turned 18, her Junior Cash ISA matured into a Cash ISA, and alongside this transition, she also decided to open a Teen Goal Saver account.
The Teen Goal Saver account was designed to help young adults save for specific goals. Emily’s goal was clear: to purchase her very own car. With her well-managed savings and the help of her Teen Goal Saver account, she was able to achieve this significant milestone.
Emily said: “Darlington Building Society has supported me every step of my savings journey. From my first passbook savings to purchasing my own car. I’ve learned that financial goals are achievable when you have the right tools and guidance.”
Strategic Financial Choices
What’s even more impressive is how Emily used her Teen Goal Saver account strategically. Not only did it support her to save for her car and insurance, but it also provided funds for fuel, allowing her to hit the road with confidence.
Planning for the Future
But Emily’s financial savvy didn’t stop there. Emily adopted a regular saver account to prepare for next year’s car insurance. By doing so, she has ensured that she’ll always be one step ahead.
Emily’s journey is a testament to the power of early savings and the wisdom of careful financial planning.
If you’d like to find out more about creating a savings habit, or starting a child on their savings journey, view all of our savings accounts here.