Re: £10 Poms
When my son was 13, he wanted all the expensive designer names clothing. I said, if he wanted them, he'd have to go out to work as l wasn't prepared to provide them!
I rang round several hotels in the area to ask if they had any vacancies for school children at the weekends and holidays.
Luckily, one hotel did and he worked as a waiter/porter and earned lots of money.
He spent some and gave me the rest to save for him. I opened an Investment Account with the post office and l deposited some of his earnings in there.
Some years later, he decided he wanted to do the back packing thing through Asia and work in Australia. He did this but needed money to be accepted for work in Australia.
Luckily, with interest rates at 10%, his money saved in the post office had accumulated and he had enough to be accepted into Australia.
The rest is history! He now has 'residency' there and has started his own company!
OK, l hardly see him but l am very proud of him!!