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question from NFR got me thinking.
Their was a post regarding how much to give as a christening gift and someone suggested to cover their plate. I actually never thought that the gift I was giving might be used to pay for christening. So my question what did you do with the money your child received. I doesn't necessairly have to be a chistening but any religious event.
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Posted 7/14/06 2:09 PM  |
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betty
My boys
Member since 5/05 4380 total posts
Name:
Beth
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Re: question from NFR got me thinking.
We put it ALL in his 529 college fund
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| Posted 7/14/06 2:10 PM |
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curley999
Family!
Member since 5/05 2314 total posts
Name:
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Re: question from NFR got me thinking.
We put her gift money into her bank accounts, or on occassion have used cash from a gift to buy her a new toy.
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| Posted 7/14/06 2:14 PM |
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LuvMy2Girls
@>---------
Member since 5/05 11165 total posts
Name:
Mommy
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Re: question from NFR got me thinking.
I opened a custodial savings account for her, and will be investing it into a higher earning ING account.
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| Posted 7/14/06 2:15 PM |
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LIMOMx2
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Member since 5/05 24989 total posts
Name:
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Re: question from NFR got me thinking.
Posted by betty
We put it ALL in his 529 college fund
That is what we will be doing.
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| Posted 7/14/06 2:19 PM |
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Re: question from NFR got me thinking.
I also plan on putting it into his money market account. I hope it wasn't to personal but I was just wondering.
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| Posted 7/14/06 2:20 PM |
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jcndd
The man of my dreams...
Member since 5/05 1706 total posts
Name:
Danielle
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Re: question from NFR got me thinking.
We just have a regular bank acct. for him and that's where all his money goes. I would never think to take money from him to pay for his parties...
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| Posted 7/14/06 2:53 PM |
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Stacey1403
Where it all began....
Member since 5/05 24065 total posts
Name:
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Re: question from NFR got me thinking.
Posted by jcndd
We just have a regular bank acct. for him and that's where all his money goes. I would never think to take money from him to pay for his parties...
Same here
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| Posted 7/14/06 2:58 PM |
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JRG71
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Member since 5/05 5025 total posts
Name:
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Re: question from NFR got me thinking.
Posted by betty
We put it ALL in his 529 college fund
We did the same thing.
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| Posted 7/14/06 3:01 PM |
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Re: question from NFR got me thinking.
Deposited all of it, plus some.
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| Posted 7/14/06 3:27 PM |
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Melbernai
I am a lucky Momma!
Member since 7/05 15652 total posts
Name:
Melissa
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Re: question from NFR got me thinking.
I'm actually pretty bummed -- she didn't get any money. She got two savings bonds and one american express gift card. I was hoping to put it all into a savings account for her but we'll wait until her first year birthday now.
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| Posted 7/14/06 9:28 PM |
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dandr10199
Grace is growing up too fast!
Member since 10/05 11561 total posts
Name:
Dina
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Re: question from NFR got me thinking.
Posted by 5ofClubs
Posted by betty
We put it ALL in his 529 college fund
That is what we will be doing.
That is what we will do as well.
eta: I do not expect any gifts from anyone, but I know my family and know they will give her something.
Message edited 7/14/2006 9:29:20 PM.
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| Posted 7/14/06 9:28 PM |
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MelToddJulia
Love my Family!
Member since 7/05 29064 total posts
Name:
Mel
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Re: question from NFR got me thinking.
Its my DD money, so we put it in her account. I wouldn't think to use it for anything else.
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| Posted 7/14/06 9:30 PM |
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BabyAvocado
Happy New Year
Member since 5/05 17334 total posts
Name:
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Re: question from NFR got me thinking.
I spent it on him now. We keep a record of a running a total of all the gift money he's received and he will get it all, every penny, plus interest when it's time. I know it's smarter to actually put it in an account considering I do have a 529 for him, but it's really not much and the interest isn't going to be much. So we felt it was better to spend it on him now.
But I did not use it to pay for his christening. But I don't think that if people give a gift in an amount that covers their plate it means that that's what the parents are going to use it for. I think it's just a measure of how much to give as a gift. Not that I necessarily agree with it either.
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| Posted 7/14/06 9:38 PM |
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05mommy09
Family of 5!
Member since 5/05 15364 total posts
Name:
<3 Mommy <3
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Re: question from NFR got me thinking.
All of it went into his savings act.
However at christmas whatever $$ he made (which wasnt much-since most of his gifts were clothing or toys) we put together and bought him a toy chest!
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| Posted 7/14/06 9:40 PM |
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