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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]My teens have multiple parties spread through the week. . Party 1 - Tiny birthday cake or dessert at midnight. everyone in PJs and the birthday kid/adult gets hugs and kisses. They get 1K from us. Party 2 - All the family go for a dinner at a fancy restaurant (around 15 people) . Food, drinks, the works. He gets some cash gifts from older relatives. Party 3, 4, 5, 6, 7 - he is treating all his different groups of friends to movies, dinners, lunches, trips, activities etc. some modest cash gifts. Usually between $25 - $50, but mostly just birthday cards etc. some groups treat him to a meal. That is their tradition. I really like that. [/quote] You give each of your kids $1k cash each year for non-milestone birthdays? Are they required to save any of that or is it all for spending? My DS didn't get that much -- total, from all sources -- for his bar mitzvah.[/quote] Yup. $1K cash each year for each kid. And the birthday celebrations last a week. They can spend it, they can save it. They have never been given any allowance either (we pay for everything). If I give allowance then it will work out roughly to the same amount annually. My kids are pretty miserly about spending money on themselves and have very simple taste. Friends are also low key. They have actually a very good nest egg. Birthday and Christmas are two times when they get cash and one or two big ticket gifts of their choosing.[/quote] Nothing about this is low key :lol: [/quote]
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