The High Income Child Benefit Charge is draining your retirement—here’s the ruthless hack to keep the cash and retire wealthier than ever.
In our over-crowded world, I’m also sceptical that parents are bringing up future taxpayers on my behalf.
That’s the economics of a Ponzi scheme – and one ill-suited to a planet with limited resources.
Ah, the easy certainty of Angry Young-ish Man.
I update the Bugaboo link and price in that excerpt, incidentally. Apparently the hilariously bougie ‘Bugaboo Lambskin Footmuff’ has been discontinued.
Who knows how many were (effectively) bought with Child Benefit?
Investing for the child’s benefit
In the years since 2012, it’s transpired that some savvy parents who receive but don’t need to spend Child Benefit – surely a dwindling number, given the cost of living crisis – often stash the payments into a Junior ISA.
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