I am Avinash from Offspring and this is the story of how the idea for Offspring developed.
My wife and I have a 19-year old son. All through his growing years we have tried to give him experiences that, we hope, will give him a good start in life and make him a good person. Parenting as you will know is never a straight line!
We have saved, little and often, to give him these experiences. But we would not have been able to do this on our own. Our extended family and friends circle have been an important support network. On many occasions they have contributed to give him those experiences whether it was his first cricket bat, sports tours, holidays, an X-Box, his first laptop or contributed towards university costs.
And we have tried to help the children in our extended circle too, because that’s what communities do for each other!
Very often our son received cash gifts that came in the post. Also, with family spread across the world, receiving the gifts was complicated. The grandparents were always worried that the cheques wouldn’t reach us!
Many of you, I am certain, will relate to what I have described.
It got me thinking “what if we could simplify gifting within families and communities?”. And that’s how the idea of Offspring was born.
At this stage, a little voice in your head might be telling you that it is embarrassing (or not cool!) to ask for gifts. I understand that completely. I had the same feeling.
However, if our experience is any guide, we never asked. Others offered by asking how they could help or what our son would like for his birthday / Christmas / Diwali. Family and friends want to help but they need ideas.
I suspect many of you will have been in similar situations.
Offspring allows invitations and contributions to be made discreetly towards a shared goal – which could be for a birthday present or an important event that might still be a long time away (e.g. university, marriage, house deposit).
It allows the contributors to receive personal thank you messages and participate in the pleasure of achieving the goal together.
This is just the start. Over time we will be looking to create a capability where organisations with whom you spend money will also help you build savings.
Come with us on this journey to help increase savings for children (and grandchildren and nephews and nieces) so they start their adult life with less debt, and a bright future.