Martin Lewis

If you're talking about 1% or 1.5%, where's your 11-year-old's money?

You've not mentioned that.

Yeah, and so I think that's quite interesting because it sort of proves my point, if you forgive me, that if we make it as easy as possible, you've left his money in Nationwide because it's a hassle to move a junior ISA.

So having it all in one place to try and reduce the hassle of moving three junior Isers in future, it seems a good move for me as long as the rate is very close to being the best buy.

And I think a 0.05% rate sacrifice is absolutely fine to ease that administrative burden on you.

So you have my permission.

I reckon that was a permission question, Matthew.

I call permission questions where people sort of know what the answer is, but they just sort of want an external party, and me in this case, to give you permission.

If that's what you're asking, you have my permission permission

To sacrifice 0.05%?

Okay.

Well, if I tell you the first thing I wrote down on the piece of paper when I heard your question, I have, and it's a red pen, I have no idea why, it says shares, exclamation mark, exclamation mark.

So I'm thinking exactly the same way.

I've said this before in question time, but I think it's really important for parents to understand.

The golden rule for when you should invest is money that you don't need that you're putting away for a long time, depending on who you listen to, three years or five years.

I'm a five-year.

People who are slightly less risk-averse than me will say three years.

You're talking minimum seven years for your oldest, minimum 17 years and nine months for your youngest.

So on the time equation, you're absolutely passing it.

On the, do you need the money?