Money Smart Blog

Family and friends can help your children save with KidStart

Written by Lauren Smith | Nov 22, 2024 8:53:41 PM

We want to introduce you to our friends at KidStart, which is a brilliant cashback site that pays the money back you earn into your child’s savings. Essentially letting you boost their account with free top ups! In this article we explain how KidStart works and how it’s made it simple for family and friends to get involved too. There’s also a special offer just for nimbl members!

A bit of background from the KidStart team

For over 15 years Kidstart have been helping families in the UK save for their kids. They’ve partnered with thousands of popular retailers (some of which are exclusive to Kidstart) who pay a % of the value of a purchase back. They then take this amount and pay it into any savings account you have set up for your child.

For example TK Maxx gives 2% back on KidStart, so if you made an online order of £100 you’ll get £2 back for your children’s savings. This may seem like a small amount but over the year(s) it can really add up and make a huge difference, especially when it’s essentially free money that’s come from a purchase you’d be making anyway.

From the years of experience KidStart have gained in family finances the saying ‘it takes a village’ is often the case when it comes to saving for children too. It’s not just the parents who want to do this but regularly grandparents and sometimes the wider family and close friends want to get involved.

This is why KidStart have a very clever Invite feature that makes family saving really simple.

 

How to link family and friends to KidStart

On KidStart you’re able to send an invite to anyone who wants to help you save for your children. They can then join KidStart and accept the invite, this will link your child to their KidStart account. Any cashback they earn will be paid into the child’s savings!

This has been a really popular tool on KidStart, usually mum sign's up first, makes a purchase and then goes on to invite their partner, grandparents, sometimes aunts, uncles and close friends.

Members could save up to £250 a year with KidStart, which is a huge amount and could be doubled or tripled if friends and family are invited to earn cashback too.

 

Now is the time to join KidStart

The run up to Christmas is the perfect time to join KidStart and invite family and friends if you haven’t already, because of the increase in shopping that many of us do. 

As a special offer for nimbl members, you’ll get a extra £5 in cashback when you sign up to KidStart and make your first purchase. Join KidStart for free today.

 

Other ways to teach your children about money

One of the best ways to teach your child about money is through hands-on experience. Giving them a small amount of pocket money can help them figure out spending and saving themselves. A nimbl card is a great way for your child to begin developing good money habits. With complete control from your phone, you can set up pocket money and add parental controls to help your child learn to save and spend responsibly.

Get started today, sign up and begin teaching your children about money.