Newphew's savings account/gifts?

posted 3 years ago in Family
Post # 3
753 posts
Busy bee
  • Wedding: June 2013

You could buy him books, or savings bonds for college 🙂 

IMHO kids love toys and if gets even 5 minutes of joy out of the toy it was not a waste of money. Playing has been shown to have an immense role in brain development.. Plus hes just a little muffin, why not play with all the toys he can now, before he grows up and doesnt have time. 🙂

Post # 4
2546 posts
Sugar bee
  • Wedding: April 2013

you could create your own account for him and give him access when he’s 18.


he’s going to grow out of pretty much anything you give him. didn’t you have something that was your absolute favorite when growing up that you no longer have a use for? a doll, a little car, a book, a stuffed animal, a costume, a chalkboard, anything?

Post # 5
819 posts
Busy bee
  • Wedding: October 2009

@showmethebling:  You could continue a separate savings account with only your names on it so the mother doesn’t have access to it. If you don’t want that, maybe look into savings bonds.

I’m with you though – if everyone else is buying him toys, he doesn’t need even more toys from you!

Post # 6
2501 posts
Sugar bee
  • Wedding: September 2014

@showmethebling:  Savings bonds! Parents cant use it then for toys and he can cash in when he is older and trying to pay for school or a house

Or you could make an account in your name and hold the money there, then just give him something small on bdays/christmas

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