WWYD? clicky poll

JOEBunny

My DD modeled as a baby/toddler and, as a result, has several thousand dollars in her own savings account.  This is her money and I plan to allowher to spend as she wishes when she is old enough to make good decisions.  This is not money we feel she will need to use for college, since we are funding that ourselves. She just turned 3.

My question is, DS (2 months) will likely not model, at least not to the exstent that DD did, thus will not have so much money in his own savings account.  What do you think would be the best thing to do?

[Poll]

amiamish

I def do not think you should take from DD...

LizLovesJason

I definitely wouldn't touch your DD's money by moving it anywhere or giving some to DS. Even though she was only a baby and toddler at the time, it's still her money since she technically worked for it! Whether I would give DS the same amount of money would probably depend on our financial circumstances. If we could easily afford to, without jeopardizing any of our other bills or expenses, I would. But I voted to "do nothing" since we couldn't afford to.

GrowingFamily

Life isn't fair & we don't all have the same opportunites.  I think that you should leave things as they are.  Definitely do NOT take from DD's account. 

AZ_Erica

Could you take some of the money and buy something they could both use like a nice swing set?  If you don't want to do that I am leaning towards the life isn't fair  answer, however I'm not sure how you will deal with that when DD is 16 and buys her own car and DS doesn't have the money to do that.

camrude

I'm going with life is not fair.

asianbymarriage

You know, I get that life isn't fair, but I really feel like children are going to have ample opportunities to learn that life lesson without always having to live it in their own home. Even though you can't and shouldn't protect them from everything, the joy of being a parent is being able to do that sometimes. Your DD didn't choose to do the modeling, and your DS is not going to be able to choose not to. Why should he be punished for that? That could become a source of conflict between them later on, too - you don't want them to think you favor one over the other. How would you feel if your parents had done that when you were young, and your sibling had a huge chunk of savings from your parents that you didn't, through no fault of your own? I chose the 1st answer, if you can afford to do it.

FriskyPanda

I'd start putting away money for DS. You could frame it like, we were planning on providing some getting started money to you guys and b/c dd modeled we were able to provide you with more than we anticipated.

boosma

asianbymarriage:

You know, I get that life isn't fair, but I really feel like children are going to have ample opportunities to learn that life lesson without always having to live it in their own home. Even though you can't and shouldn't protect them from everything, the joy of being a parent is being able to do that sometimes. Your DD didn't choose to do the modeling, and your DS is not going to be able to choose not to. Why should he be punished for that? That could become a source of conflict between them later on, too - you don't want them to think you favor one over the other. How would you feel if your parents had done that when you were young, and your sibling had a huge chunk of savings from your parents that you didn't, through no fault of your own? I chose the 1st answer, if you can afford to do it.

 

This.