C.M. asks from Castle Rock, CO on June 19, 2009
Requesting Money Ifor Savings in Lieu of Gifts for Kids Birthday
Is it rude to ask for money to put into savings accounts for our kids birthday instead of people bringing gifts? If it is not rude how do you word that on an invitation? Our kids have everything that they need. We would like to start a savings account for them as they are learning about the importance of saving money.
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S.B. answers from Denver on June 19, 2009
A.S. answers from Denver on June 20, 2009
AS you've heard, it's rude. With family, when they ask, let them know the kids have enough and helping to fund a college education is more than enough. (We've done this and the kids have very healthy accounts and they haven't missed a toy yet).
With friends:
"Presence not presents" works really well and keep the party small.
Donation to a shelter in lieu of gifts teaches kids about the bigger world.
When you get a toy, hope it comes with a gift receipt and just exchange it for cash.
GL! and Happy birthday!
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S.B. answers from Denver on June 19, 2009
completely rude, I'm afraid. all the etiquette books talk about this in terms of weddings, for example. if you want them to save - give them an allowance. birthdays are for kids to share - if you don't think they need gifts, then just say no gifts on the invite.
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M.L. answers from Colorado Springs on June 20, 2009
You may get a number of responses to this, so you don't have to pay attention to mine if you don't want to! I'm a grandmother, so I look at things from a slightly different perspective.
And, yes, it is rude to ask people to give your children money. (Actually, it is rude to ask people to give your children any sort of gift at all, since the very nature of a gift is that it is voluntary. But I know what you really mean.)
One alternative is to ask that guests not bring gifts at all. You could stress that their friendship is gift enough. Then make the parties so much fun that they're gifts in themselves, both to the birthday child and the guests.
But to say, "Bring me [bring my child] a present but make sure it's cash" - yes, it's rude, even though people do it all the time.
The savings account business is good! But start it yourself. Put a small amount of money into your child's account, and then teach your child to save a little out of every allowance, even if it's just a penny, and add it to the account (check with your bank about minimum deposits). Later, you could spread the word to the grandparents that the children now have savings accounts, and Grandma, Grandpa, and Aunt Gertrude might (voluntarily!) decide to encourage the saving habit themselves.
A.P. answers from Pocatello on June 20, 2009
More presents seems silly for children who have enough. However, it's fun to buy family members gifts--money is not fun. Since we have plenty, too, I ask grandparents for something specific (unless they already had their own idea), and we cut back on gifts from mom and dad. Others bring gifts, you provide the savings account. This way everyone wins.
C.J. answers from Colorado Springs on June 19, 2009
Sorry, have to say I agree completely with the responses you already got. Family, it would be okay, friends, not so much. We give money for birthdays to our nieces and nephew because it is easier than trying to figure out what to get for them and then they have the option of saving or spending - I figure that is between their parents and them. But if someone sent our daughter an invite to a birthday party specifying cash only as a gift, no matter how close we may be the the person, I would think it was pretty tacky. I would either say no gifts, or maybe discuss with your child possibly having a party where the gifts will be donated to a local childrens' home or other charity where they could be put to good use by those less fortunate and put a note in the invite to the parent explaining what you would like to do. Then it would be their option on whether to buy something or not to donate. It wouldn't be teaching your children about saving money, but it would be a good lesson that not everyone is as fortunate as some and it is good to help people when we have the opportunity and means. Just putting another idea out there. Good luck with your birthday party!
K.L. answers from Denver on June 20, 2009
Yes,it is rude. Here is an alternate idea: when my youngest turned 5 she requested donations for the local animal shelter instead of gifts. (Of course I encouraged this idea but it was better than receiving toys that she didn't need.) She then took the donations; money, used towels, and what ever else the shelter might need, and then I took her to the animal shelter do deliver everything. The volunteers at the shelter were very happy to receive these donations and she felt good about helping out the animals. I've also heard of people doing a book drive and then delivering the books to the librarian at a needy school.
Good luck with everything and enjoy the party.
A.C. answers from Colorado Springs on June 23, 2009
If you're inviting people you don't know well, that might come off as rude. But if it's a close friends & family party, just tell them like you told us-they have everything they need, you'd like to teach them how to be responsible with money at an early age.
Don't put it on the invite though-then you're telling people they've got to bring gifts. When they call to RSVP or ask what your kids want, tell them about your savings idea.
And good job! I wish I'd have thought of that w/my younger ones. Hubby & I aren't so hot at saving & neither are they-the ice cream man is a bigger priority to them.
J.F. answers from Billings on June 20, 2009
Yes, it is rude to ask for money. If you feel strongly about not wanting toys for your kids because you feel like they have enough, then simply put "No gifts please" at the bottom of the invitation, or even try going with a book theme....books are something you can never have too much of. Good luck.
C.C. answers from Salt Lake City on June 20, 2009
if we got an invitation to a party saying bring money instead of gifts, we just wouldn't go because it is very tacky. I totally get what you are trying to teach your child, and if someone approaches you and asks what do you think would be a good gift for your child? tell them you know, we've been working on saving and money management, if you can think of a gift that works with that, or maybe money specified for the savings account that could be helpful. but put it out as a suggestion, not as a give my kid money for their savings account. but don't put that into the invitations. and only put it out if someone approaches you as to what to give.
my parents set up jars for us, when we earned money we would put 10 percent into our bank jar every time for savings. we learned we can play and keep money we want to and that putting some into savings would help us have money for a rainy day. as we got older we had a long term savings jar and a short term savings jar. that was if there was a toy I wanted I could save up money to get it. but always putting money into the long term savings first.
overtime like that is a much better way to learn to manage money and a savings account.
another though would be to have your kids go through what they have and make room for the toys for their birthday and have a garage sell with the toys they no longer use. or to find your local Just Between Friends and do a consignment on the toys. any that don't sell can be donated to a local charity. just some thoughts on that.
good luck!
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