Do you I think I spoil my Kids
@Frikkyveldskoen (13)
February 26, 2007 12:45pm CST
I have 3 daughters aged 22,19 and 17.When the eldest passed her driving test we gave her a car for Christmas.Until now we have maintained it,taxed it and still pay for the insurance.We have told her from now on the maintanance and tax is her responsibility but until she is a bit more financially secure we pay for the insurance.We have done the same for the second child but still pay for everything because we feel we have to be fair.The youngest is now learning to drive and will soon want a car.We came to the UK six and a half years ago with nothing due to the situation there so we really struggle financially and don't want our kid's to do the same.we thought that with the upset of them having to change countries and everything else that goes with it, we would do what we could for them.Your views please.
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1 response
@nelltx (277)
• United States
26 Feb 07
It is wonderful that you are able to do this for your children. At the same time though, you are depriving them of leaarning financial responsibiliy on their own. They will continue in life to purchase things that they truly can not afford & then look to you to help pay for them. I don't think you are spoiling them, you are just overly generous. Tell each child that you can/have purchased a car for them & that you will pay the taxes & insurance for one year, then after that, it will be their responsibility. That gives them an entire year to get "financialy set" to take over the payments. If they still need assistance after that, you may need to have them take a budgeting class. Good luck to you.
@Frikkyveldskoen (13)
•
26 Feb 07
Thankyou for your input.We have put all this to them but as we have helped the eldest for so long feel that we may have to do the same for the other 2.You are right in what you say though.
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