No one has ever given my kids money & said Bank it. Its always just be money as a gift. My Mum will give me a sum of money at christmas or easter to use how I see fit. Like this xmas just gone she gave us $150. I could divide that up between the kids & let them spend it but it would go on crap. It did get caught up on everyday things which Mum is also fine with. If it helped us out at the time then she is fine with that. If I spent it to take the kids out to something special then that would be fine too. I actually intend on taking the kids out either on the Sky rail & scenic train up here in Cairns/Kuranda or possibly to the water park that is here. To go as a family to the skyrail thing will cost close to $280 so its not something we would generally do. But they do ask to go on it.

If people want to contribute to the kids accounts I will give them the account details but I doubt anyone would think too for us.

We opened accounts for the kids about 6 or so months ago & $5 a F/N goes in to each one. We are going to increase that to $10 once this years budget is flowing nicely.