💷Exciting news for young folks across the UK! During this year’s National Apprenticeship Week, from February 9th to 15th, thousands could be in for a financial surprise! Over 758,000 young people may have an unclaimed Child Trust Fund, waiting for them with an average value of £2,242 each. 🎉
Child Trust Funds are tax-free savings accounts set up for children born between 1 September 2002 and 2 January 2011. With an initial government deposit and potentially much more accumulated, these funds can be quite a windfall when they mature at age 18. Whether you’re starting an apprenticeship, getting your first job, or preparing for university, a little boost like this can make all the difference.
Take Hope Kerr-Williams from Nottingham, for example. At 18, Hope claimed her Child Trust Fund, worth £5,000, which gave her the financial cushion she needed for university expenses, her first flat deposit, and even a new laptop! It’s helped her avoid debt and start adulthood on the right foot. Now, she’s thriving as an apprentice with HMRC. Her story shows just how impactful claiming these funds can be.
Remember, it’s easy to find out where your Child Trust Fund is held. Just hop onto GOV.UK or use the HMRC app to track it down. Don’t miss out on what’s yours—it could be the boost you need for a head start in your career or studies.
So, if you or someone you know is eligible, it’s time to dig up those details, find that fund, and make the most of what you’ve got coming! 💪
Get searching now, and spread the word to ensure no one misses out on this opportunity. Share this news with your mates who might still have a treasure trove waiting for them. 🚀 #ClaimYourCTF #NationalApprenticeshipWeek #FinancialFreedom