How a junior ISA could help make your child a millionaire

Maximising tax-efficient investments for your child could set them on the path to prosperity

Child holding piggy bank and an adult’s hand
Up to £9,000 a year can be invested in a junior ISA
(Image credit: Peter Cade/Getty Images)

Individual savings accounts (ISAs) aren’t just for adults. You could use tax-efficient investments to make your child a millionaire within a few decades.

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Marc Shoffman is an NCTJ-qualified award-winning freelance journalist, specialising in business, property and personal finance. He has a BA in multimedia journalism from Bournemouth University and a master’s in financial journalism from City University, London. His career began at FT Business trade publication Financial Adviser, during the 2008 banking crash. In 2013, he moved to MailOnline’s personal finance section This is Money, where he covered topics ranging from mortgages and pensions to investments and even a bit of Bitcoin. Since going freelance in 2016, his work has appeared in MoneyWeek, The Times, The Mail on Sunday and on the i news site.