my husband thinks she should buy a winter coat with it and I think that is our responsibility as parents. my mom asked me to let her have it and spend it like she wants. She's a great great great kid and loving and respectful and smart. Me and my husband make 6 figures $$$ combined and I think she should just go blow this money however she wants. She mentioned buying a pair of pants at Hot Topic that are $50 and something fun for halloween. I think that's great. My husband thinks I am too easy. What do you think? I think a good kid just be given freedom.
2007-10-20 06:19:16 · 16 answers · asked by Anonymous in Pregnancy & Parenting ➔ Adolescent
teenagers please answer too
2007-10-20 06:22:30 · update #1
she gets $13.00 a week for allowance (based on her age) for helping with house chores, babysitting some (my 7 year old), doing her own laundry, cleaning the ktichen. That $13 has to be used for her extra stuff like candy, extra stuff at lunch, shopping with friends etc. We put a big chunk of money into a money market account for her to get a car when she is 16 and we already have a college fund established to pay for four years of college. She already wants a job at Chick fil A or Publix when she turns 14. We don't spoil her but we don't deprive her either.
2007-10-20 06:57:47 · update #2
to a limited degree, let her go wild! Grandmas are there to spoil you. You only get free cash every once in a while. I'm a teenager, when my great-aunt came up fora visit, she gave me and my two sisters $100 each to blow. It's good to be able to do that once in a while. But maybe you can work out some kind of a compromise? like if she spends this now she has to make up for it later, liek w/ credit cards? put away into savings a % of whatever next money she gets? It's good to practicle, and it's good her dad wants to drill it in to her now, but everyone, kids especially, have to have fun somtimes! when it's all trudging monotny all the time, you get bitter. You have to let go and just run wild once in a while, you know? It's good she's planning out what she wants to buy with it, too, the virtues of her dad's thrifty training coming through. It shows maturity.
Make sure your daughter understands the value and purpose of saving vs spending, and how it can serve her in later life. If someone hands her a wad of bills and her dad says "this is how you have ot spend it" she's going to feel resentful.... Taking this too far maybe but if she's FORCED into being ultra-thrifty in a bad way, it'll put a shine of bitterness and make it a tender subject in later life, so she'll be more inclined to just blow cash in defiance, even subconsciously, when she needs it for other stuff like bills or rent or groceries or diapers or medicine... you get it. Just make sure she understands the difference between burning cash all the time and a once-in-a-while thing. And that she knows the value of lay-away, so she can stay ahead and have cash to burn when she WANTS to. wow.... $13 a week..... that's nice. I didn't know people still gave out allowance.
2007-10-20 07:25:22 · answer #1 · answered by Anonymous · 0⤊ 0⤋
I am a high schooler, and I think it's fine to let her spend it her own way if you have the money to provide the essentials. At the same time, you should have her buy her own extras like candy. You should let her know that she's earned the right to spend this money in any way she wants to by being a "great kid".
Just make sure that her "something fun for halloween" and those $50 pants meet your standards for appropriate. (Hot Topic sells some kinda sketchy stuff sometimes)
2007-10-20 06:32:49 · answer #2 · answered by klah 3 · 0⤊ 0⤋
I agree with you mom... if that was given to her as a gift then... she should be able to spend it how she wants to.
However... I also think that... just because you and your husband make 6 figures that she should have to help with buying some clothes.
When it comes time for buying her school clothes next year, let her know that she is going to need to help you. Even if it's just giving you $100.00 to go towards her school clothes. This will teach her the value of money. That is probably what your husband is concerned about.
(I'm 26)
I grew up every summer working and earning money to pay for my own school clothes (No help from Mom and Dad. They couldn't afford it.)
2007-10-20 06:29:55 · answer #3 · answered by Operator 5 · 1⤊ 0⤋
Yes, definately. It is your responsibility as parents to buy her a winter coat. If she didn't have the hundred dollars, would your husband let her go through the winter without a coat? If your mother gave the money to her just because, you should have her spend it on what she wants.
2007-10-20 06:31:30 · answer #4 · answered by Anonymous · 1⤊ 0⤋
Let her buy what she wants, unless it is not appropriate for her age. Maybe talk to her about saving some of it and opening a bank account. Tell her in another 3 years she will be old enough to drive and whatever money she has in her account can go towards a car. You can open a kid's account for as little as $5 at some banks and credit unions.
2007-10-20 06:25:18 · answer #5 · answered by Ryan's mom 7 · 0⤊ 0⤋
I am 19 and I really believe that you are right...in this case, especially if your mom gave her the money with that intent. I also believe in teaching good good money skills. I think you could do as your husband says with something like an allowance.... everyonce in a while you could remind her what she needs to save for.. but allow her to have spending money as well... About that 100 dollars.... let her blow it. It's a gift!
2007-10-20 06:33:19 · answer #6 · answered by Anonymous · 0⤊ 0⤋
I agree with you. The only way I would have her spend the money on a winter coat, is if she ruined the previous one by not being responsible for it.
2007-10-20 06:34:10 · answer #7 · answered by Anonymous · 0⤊ 0⤋
I am 15 and i have two sisters. My mom is a single mom but has a great job. If we ever get monet my mom lets us spend it however we want to. if we want clothes or shoes or if we just want to blow it. I mean if it is for lunch or something and we blow it then we get into trouble but if like our grandma just gives it to us we can.
2007-10-20 06:34:37 · answer #8 · answered by Sicily Anne 1 · 1⤊ 0⤋
yeah, i think that she deserves to spend it how she wants. a winter coat is a necessity, and she should be allowed to spend her money on something she WANTS. she sounds like a great kid and will obviously be responsible and wise with her money.
2007-10-20 06:26:48 · answer #9 · answered by ♪one•small•voice♪ 2 · 0⤊ 0⤋
if her grandmother gave her the money it is for her to spend the way she wants to. a kid shouldnt have to buy her own winter coat. as long as she isnt buying like drugs or something wtih the money she should be free to spend it however she wold like
2007-10-20 06:42:04 · answer #10 · answered by <3 3 · 4⤊ 0⤋