lifeofthepartyyea
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BABUMO??? is right!!! splurge! a little toy will make her feel special! what kind of mother would you be of you burdened your child with the legalities of insurance/accounts/banking, etc>>??? if it wasn't for you, this child would not be here....think of that check as a THANK YOU from your daughter!!! party on!! |
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steeleronsha
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YES U SHOULD PUT IT IN AN ACCOUNT FOR HER SO U & HE RCAN HAVE MONEY FOR GOOD |
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Babumoshai
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no...splurge!!!
it's the responsible thing to do.
your daughter would WANT you to have a good time. just get her a little toy and she'll be happy.
I mean, my asking this question you've already proved that you don't care about your daughter's future... |
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TheWizardofKnow
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Wow, I hope you aren't considering this seriously. It should be saved for her future. |
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saesarsalad2002
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Yes I would call an investment banker and have him arrange to invest it appropriately for her future. |
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MOM KNOWS EVERYTHING
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Most states have laws that require you to put money away for a minor. Usually an insurance company will not issue a check to a minor, or even to a parent or guardian for a minor without a court order directing that it be deposited in an account from which no withdrawals can be made until the minor reaches 18 or 21.
MOST mothers would do that anyway. |
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Evil Scorpion
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apparently you are a crackhead so blow it all on drugs |
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peachmonk
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She won't know about it, but imagine knowing now that your mother had done that to you... |
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rollcage888
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Maybe buy some bonds for her, she could use them for a car or for college (maybe both?). She'll appreciate it some day. |
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saddison2004
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Think about your daughter's future--even if she doesn't know where the money came from, she'll appreciate it someday. |
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bobweb
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Make it a joint account with you or your husband and her. |
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Total_Pineapple_forever
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Half and Half
Put half away and let her spend the other half |
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Antny
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I don't live in Vegas anymore, remember? Which means more money for whipped cream, dry ice, and batteries for our pagers! |
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Doing the Right Thing
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If you really love your daughter and care about her education, you would put in a college fund such as 529 Plan or Coverdell. Today, a 4 year college cost about $20,000. 20 years from now, it's going to cost at LEAST $40,000.
Do the right thing and don't waste the money on things that are not going to beneficial. |
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cirestan
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Why don't you put it in a CD or a mutual fund. Go ahead and get college out of the way. |
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Hez
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put it in a savings account for her and put it toward her college or her first car. she will definitly be greatful you did. |
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raokkrao
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you havent specified the amount to suggest, if its 2 dollors , i am sure she doesnt mind if you blow up money else u need to think otherwise
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! |
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Lyndee
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That money is your daughter's. It wouldn't be fair to her for you to "blow" her money on a Vegas weekend. Do your daughter a huge favor and put it in a Savings Account. That way when she is older she can use that money for college. As the years pass by, every now and then you can add a little more money to make it a larger amount for her.
She will be very greatful for this when she is older and will look up to you and feel honored to have you as her parent.
Good luck to you and your daughter. May the two of you have a wonderful bonding, loving, respectful, relationship. |
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Pandora Tommorow
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put in account for her, it could be the start of her college fund |
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Jenny
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College savings!!!! Think of her future. |
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C R
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If your daughter got a settlement, you are resonsible for taking care of it. Until your daughter reaches adulthood, you really can't sign her rights away. Theoretically, when she turns 18 she can sue the person who injured her.
If they paid you anyway, they probably made you sign a release and a hold harmless/indemnification agreement that says you will pay the company back if she sues them when she turns 18.
So I would take out the amount you paid for medical bills and expenses and put the rest of the money in an account for your daughters college expenses. |
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Smirk Child
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Yes, you put it in her account! Vegas is fun, but not as fun as not having to worry about college. Put it in a fund and let it grow. When you say huge, I assume you mean more than $1000k. Easiest thing is stick it into a CD account. You can also open up an online savings account. 4.4%+ interest. |
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MissSubversive
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Okay - put half in an account for her. Send the rest to me...
Just kidding. Be smart. Save MOST of it. But, spending a little wouldn't hurt. If you do go to Vegas, play #30 on roulette for me. |
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mbrcatz
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You should buy her a pony. All 3 year old girls love ponies. |
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~**badboys_wife**~
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You should save it for her future, if an insurance company is sending money in her name, then most likely it is to cover something that happened to her, not you, am I right? It would be immoral of you to take money for your baby, for something she had to suffer for, and splurge it on yourself, don't you think so?
I would recommend applying towards a college fund for her. The way the economy is today, you can never tell what is in store for our young ones later on. So they'll need all the extra help they'll get and she'll appreciate you for it later on. |
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