Saving for the Future

16th April, 2024

Did you know that every foster child is given money for savings?

Saving for the future

Capstone Foster Care provides a monthly amount for foster carers to put into savings for each child in their care. It’s up to the foster carer to manage the savings account as the young person will not be able to access their money until their eighteenth birthday.

This is to support young people as they journey on into independence when they come of age.

Other Foster Carer fees

It will be the responsibility of the foster carers to manage the savings account, this money is specifically for the young person and is paid in addition to foster carer fees.

As the foster carer you will be paid a fee based on the age of the child, their needs and the type of arrangement they are in plus an allowance to cover the everyday costs that come with looking after a child, household expenses, food, clothing etc. You can find out more detail about how much foster carers get paid on our fees page.

 

Could fostering be for you? Speak with an advisor today, call Capstone Foster Care on 0800 012 4004.

Thinking of fostering?

If you’ve got any questions or would like to find out more about fostering with Capstone, fill out the form below.
An experienced fostering advisor from your local area will then be in touch.

We need this to put you in touch with your local fostering advisor.

The information you provide will be used to respond to the enquiry you have submitted, for further information please refer to our privacy policy.

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Ways to
GET IN TOUCH

Start the conversation today. Our team of friendly advisors are on hand to answer any foster care questions you may have. We can offer you honest and practical advice that can help you decide if becoming a foster carer is the right path for you. 


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