Ask Emma: Saving for first baby's future

What are my options for regular saving?

Question: We recently had our first baby and want to start setting aside some money for her future as soon as possible. We are hoping to put the children’s allowance aside each month. What are our options for regular saving? And would we have access to the money?

Mary, Dublin

Congratulations on becoming a parent Tom.

Starting early on the savings front is a good idea. ...