Reply to DISCUSS: Okay for parent to open bank account for child without consulting spouse?

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Reply to "DISCUSS: Okay for parent to open bank account for child without consulting spouse?"

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[quote=Anonymous][quote=Anonymous]The problem is most replies here are based on the poster’s OWN marriage. So if a wife hates her husband they’ll respond as if the situation occurred in their marriage.

Overall, yes I’d be slightly upset my spouse didn’t talk to me about opening a bank account. That’s not a small matter and [b]it impacts taxes[/b]. And for the poster who said “we don’t have time to talk about every little thing in our kid’s lives”. I feel sorry if you think school, money, and extra curricular activities is too much to discuss. Really. My spouse and I discuss it and it takes 10-15 minutes. Not difficult or time consuming. [/quote]

Yeah. That 3 cents a 7 year old will likely earn in interest over a year will really screw up the tax calculations at the end of the year.  :roll:  all those posters getting pussy about this - is your DH socking away thousands of $ in these “child” accounts or something? Did you confirm it was ok with your spouse to buy a piggy bank when they were little too? Every kid should have a bank account to learn how saving works. Opening it is a simple process. This should not be a big deal unless your spouse actively hides it from you, in which case there is obviously something else going on besides just getting a kid a place to store his/her money from birthday cards and allowances.[/quote]

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