Help your children build a savings habit

By teaching children to save, they are more likely to continue saving into adulthood.

Good saving habits

Giving children pocket money

If you can afford to, giving pocket money can be a great way to help your children learn about money.

Pocket money

There’s a lot to think about when managing family finances. We understand the importance of financial stability, whether you’re an expectant parent, or already have children. It helps to understand your options and plan ahead. 

We’ve pulled together some tips to help you take your next financial steps as your family grows.

Financial planning for parents

  • Budgeting advice and tips

    Budgeting advice and tips

    Learning to budget can help you stay in control of your bills and spending, and be smarter with your money.

    Budgeting advice

    Saving for your child's future

    Saving for your child's future

    Understand the ways you can save for your child's future, including those offered by Bank of Scotland.

    Saving options for children

    Budget calculator

    Budget calculator

    By using our budget calculator, you may be able to save more each month, lower your debts and prepare for the future.

    Budget calculator

    Money management

    Money management

    Whether it’s managing your bills, checking your credit score or helping someone else, we have tips and tools to help you.

    Money management

  • Student finance

    Saving to send your child to university

    Saving to send your child to university

    The student loan parental contribution tool, helps you work out how much you should save to send your child to university.

    Visit MoneySavingExpert

    Student finance calculator

    Student finance calculator

    Get a quick estimate of what student loans, grants, bursaries and other funding you could qualify for.

    GOV.UK student finance calculator

    Youth and student accounts

    Youth and student accounts

    Explore our full range of current accounts and savings accounts for children, teens and students.

    Compare our youth and student accounts

    Getting a job

    Land your first job

    Land your first job

    Get the information and support to help your child find their first job, that they can fit in around their studies.

    Our tips for teenagers

    Financial future planning

    Acting as a guarantor

    Acting as a guarantor

    Find information about the legal and financial implications involved if you become a guarantor for a loan or rental agreement.

    Acting as a guarantor for a young adult

    Why it's important to make a Will

    Why it's important to make a Will

    A Will isn't just about money; you can also appoint a guardian and set out financial arrangements for your children if anything happens to you.

    Visit Citizens Advice Scotland

  • Buying online

    Buying online

    You may be confident about shopping online, but this won’t stop a fraudster. They use social media profiles and websites to target anyone with a scam.

    Tips to buying online safely

    Social media scams

    Social media scams

    Social media allows fraudsters to pretend to be your family or a friend in need of help. We reveal the methods behind their scams so you can stay safe.

    Staying safe online

    Learn how to keep your money safe

    Learn how to keep your money safe

    When it comes to taking care of your accounts and your money, the most important thing is to keep them safe from fraud.

    Ways to keep money safe

Financial support for growing families

Financial support for growing families

Explore the financial support that’s available for parents, from finding out you're expecting and early years, to managing childcare costs as your family grows.

Financial support available

Protect your people

Protect your people

Protect your family's financial future. Learn more about critical illness cover and life insurance.

Types of life cover

Baby costs calculator

Baby costs calculator

The MoneyHelper baby costs calculator can help you budget how much you’ll need to cover your baby’s expenses.

MoneyHelper baby costs calculator

Selecting the right bank account for your child

Selecting the right bank account for your child

Having their own bank account helps children to understand money better. It gives them the chance to learn about the world of money, interest and saving for the things they want.

Choosing the right bank account for your child

Smart Start

Give your child a great start with Smart Start, our Spending and Savings account for 11 to 15 year olds.

Learn more about Smart Start

Need to speak to someone?

Free independent help and advice

Free independent help and advice

Get support and guidance on your finances from free independent organisations or your government.

You can also access help and guidance on benefits and housing options you may be eligible for.

Free help and advice

How we can help

How we can help

It is important to deal with your money worries as soon as you can. If you are struggling with your payments and don’t bank online or would like to know your options, there are other ways that we can help you.

Find out how we can help

Contact us

Contact us

If you can't find the answer online, there are various ways you can get in touch, like web chat or calling us securely from in our app.

Get in touch