How one parent used Stoa Pots to make family cash work harder upfront

What made you decide to deposit your money into Stoa Pots?

The money had been sitting in a children’s savings account accruing a meagre sum of interest each month, and with my child reaching adulthood it was time to review options. Most tax efficient options I found offered low returns, or tempting easy access to savings! When I compared them to Stoa Pots the benefits were clear - immediate savings on regular fixed spending plus security of the capital invested.

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How did it feel getting the perks upfront instead of waiting for interest?

As a family it has made a significant difference to our regular spending on streaming services, subscriptions and some other shopping perks - not just for my child. We are delighted!

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What would you say to someone whose cash is sitting in a low or zero interest current or savings account and is thinking about opening their first Stoa Pot?

What are you waiting for?! There is no risk, the money is safe in Griffin Bank and backed by the FSCS. You can deposit £1000 to £120k and instantly save on so many regular spends, plus enjoy some luxuries too.

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Why is Stoa a good fit for parents?

You work hard and save hard for your children, to give them the best start in life. You want to help them to have a healthy relationship with money, but you appreciate that having savings they can’t touch is frustrating. Stoa Pots effectively puts more liquid cash in their pockets now, and every month, until they are ready to use the bigger sums you’ve saved - more wisely! Plus you can also cut costs on your own spending, so the whole family can benefit.

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