We had LO's baptism yesterday and received a lot of money in cards for LO. I want to put it in an account that I started for LO with money he received when he was born. My SO wants to use the money from his side of the family for bills and his credit card. I feel like this is LO's money and shouldn't be spent by us. Especially since his credit card debt is from going out to dinner, putting gas in his boat and boat repairs, and buying a lawn mower and other things from Home Depot. He said he just bought our house and needs it for things around here.
What do you think? I feel like it was gifted to the baby not us and it's not ours to spend.
Either way I'm putting all of the money from my family in his