Important information - the value of investments can go down as well as up, so you may get back less than you invest.

Cards, flowers and chocolates are all nice to get, says Emma-Lou Montgomery, but you can go one better this year and give yourself the gift of financial security.

It might be traditional to say “I love you Mum” with a giant bouquet of flowers, a bottle of bubbly and a big box of chocolates. And Mother’s Day might be the one day of the year when your role as a mum is celebrated - which after a year of being mum plus teacher, counsellor, carer amongst other things - is certainly a day that needs celebrating in 2021.

But this year it’s also time to step it up a gear and get in on the Mother’s Day gift-giving to yourself too. This year it is time to not only celebrate being a mother, but also take the time to give yourself something too - the gift of future financial security. When you are all those things I’ve listed above (and let’s face it, far more besides) it can be easy to, - quite frankly - forget “You”.

Time flies, as we all know, and one day when your family is all grown up, if you take the time now to get started, you can also have something just for you, that’s grown up nicely too.

By investing in a Stocks and Shares ISA, you could watch the pennies grow and blossom into a pot of money that can help give you the gift of financial security, and some peace of mind.

You can put up to £20,000 in the 2020/21 tax year into your ISA and you won’t pay any income tax or capital gains tax on your investments. But you don’t need £20,000 to get started. You can save as little as £25 a month or pop in a lump sum from £1,000, as and when you can. It’s up to you and it’s quick and easy to open your ISA online in minutes. Don’t forget though that you only have until 5 April to use this year’s ISA allowance.

Don’t forget too that your kids can each have a Junior ISA in their name and it’s a great way to save for their future. Like the adult ISA, money earned in a Junior ISA won’t incur any income tax or capital gains tax, so every penny saved and earned is theirs. And the best bit of it is that Fidelity doesn’t charge service fees on Junior ISAs, giving you the ability to put a little bit extra into your Child’s ISA account if you wish to. Ongoing charges and other fees apply.

The Junior ISA allowance for the 2020/21 tax year is £9,000, and again you have until 5 April this year to use it. Once your child reaches 18, they can access the money in their Junior ISA.

This Mother’s Day it’s time to get in on the celebrations and give yourself a gift too. And what’s more, it will be yet another positive thing that you are doing for yourself and your family.

Important information - investors should note that the views expressed may no longer be current and may have already been acted upon. Tax treatment depends on individual circumstances and all tax rules may change in the future. This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to an authorised financial adviser. Withdrawals from a Junior ISA will not be possible until the child reaches age 18. 

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