Show NotesIn the fifth episode of the Savings Guru Podcast, James talks to Cem Eyi, Co-Founder of KidStart and the Beanstalk app, about the children’s savings market; cash funds versus savings accounts; and the younger generation’s approach to saving or investing.00:30 Cem’s background and the origins of Beanstalk01:12 Why focus on children’s savings and how Beanstalk works?03:04 Why is there no requirement for regular deposits?04:09 Cash funds versus a cash savings account05:55 How has COVID impacted Beanstalk’s launch?08:39 How do older relatives cope with the app?12:30 Will more child-focused savings apps enter the market?14:22 Will banks get involved in this area?15:22 What are the future plans for Beanstalk?16:18 The choice between investing and cash savings.18:43 What would Cem do if he were Chancellor of the Exchequer for a day?23:04 What changes are likely in the market over the next few years?To find out more about Beanstalk, go to http://www.beanstalkapp.co.ukConnect with The Savings GuruEmail ---- hello@thesavings.guruWebsite ---- http://thesavings.guruTwitter ---- https://twitter.com/savingsguruukFacebook ---- https://www.facebook.com/SavingsGuruUK/LinkedIn ---- https://www.linkedin.com/company/the-savings-guru-ltd/ Hosted on Acast. See acast.com/privacy for more information.