We may have weathered through the storm, but dealing with the aftermath is going to be a much bigger issue than many think.

As people begin to come out of the closet about their band aid solutions to surviving the recession – such as paying for their mortgages by credit card, it now seems time to take stock and see what must be done, to ensure positive recovery.

The recession has caused debt, but it’s recovery can only take place is we look at ways to deal with the debt now.  These so called “band aid” solutions can only last so long and when they come off, it’s the mess underneath that will need some immediate attention.

And one area that has clearly been neglected in our survival plan, is our children’s savings.  According to figures from the Conservatives, Child Trust Funds offering £250 contribution to your child’s future, are only actually being made use of by two thirds of those receiving them in the poorer areas of our country.

So the question has to be asked, if people aren’t banking them for their children, what are they doing with them?  Unlike normaly cheques, the Child Trust Fund cheques can’t be used in any other way, than for an account in your child’s name.  And to protect that money even more, it can’t be touched until the child is 18.  So where’s all the missing money gone?  Well, a cheque like that can make a very good, but expensive coaster??

As the same research report confirmed children in wealthier areas of London are averaging 25% more savings that those in poorer areas of the country, we have to look at what is going wrong.  Why aren’t these cheques being banked for children who are clearly going to need this extra support in their future?  If they’re not banked, we’re already creating and supporting a class system which many of us as trying to reist.  Is this really the lasting effect we want of the recession?  Is this really the future we choose for our children?  As, it is our choice you know?

Join the discussion here and let me know why you think some of those who are living in the most challenged of circumstances, aren’t making use of this free money, to help their children in years to come.