The Children’s Mutual Urges No Smoking Day Quitters to Invest in Their Family’s Futures

By Prne, Gaea News Network
Tuesday, March 10, 2009

LONDON - Stubbing out Your 5 a day Habit Could Help you Give Your Child
GBP15,500 on Their 18th Birthday.

Leading Child Trust Fund (CTF) provider, The Children’s Mutual
(www.thechildrensmutual.co.uk/) is encouraging all parents who decide
to give up smoking on No Smoking Day to consider putting the money that they
will save towards their children’s futures.

According to figures from the NHS, smokers dropping a five a
day habit will save on average GBP40 a month. If this amount were in turn
invested each month into a child’s Child Trust Fund it could grow to
GBP15,500 when the fund matures on the child’s 18th birthday. The monthly
saving raises to GBP158 for those quitting a 20 a day habit. This could fully
fund a Child Trust Fund with some left over each month.

While the NHS records numerous health benefits associated with
giving up smoking, the potential to improve a child’s future financial health
can also be added to the list of reasons to quit.

Marketing Director of The Children’s Mutual, Tony Anderson,
Comments, “No Smoking Day offers a perfect opportunity for people who have
been thinking about giving up smoking to grasp the challenge and make the
promise to themselves and others - but it may well be difficult to keep. What
better incentive could there be for committing to giving up smoking than the
knowledge that, as well as improving your own long-term wellbeing, you could
further benefit your children as they enter adulthood in the years to come.”

Daily Cigarette Monthly Saving Potential Maturity
Intake Value if invested
in a Stakeholder
CTF for 18 years

5 GBP40 GBP15,500

10 GBP79 GBP29,500

20 GBP158 (GBP100 will fully fund a GBP37,100
CTF for the month)

Table based on NHS calculations of cigarettes costing GBP5.20 for a pack
of 20.

Media Contact
For further information please contact Stephanie Quantick
The Children’s Mutual
Web: www.thechildrensmutual.co.uk/
Tel: +44(0)1892-775-348
Email stephanie.quantick@thechildrensmutual.co.uk

Source: The Children’s Mutual

Media Contact: For further information please contact Stephanie Quantick, The Children’s Mutual, Tel: +44(0)1892-775-348, Email stephanie.quantick at thechildrensmutual.co.uk

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