I don't know how to create a poll on mobile, so I'm just asking....What do y'all do with money that your kids receive as gifts?
We have a couple OOT family members that send our kids money for birthdays & Christmas. My older girls both ended up with close to $150 in cash money, & the 2 little ones close to $75.
For a long time I made the girls put half of any cash gift into their savings account & they could keep the other half to spend as they wanted. I've kinda got away from that as they've gotten older & their "wants" have changed from toys to actual stuff, but I'm thinking about going back to that.