Please or to access all these features

AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

MIL keeps asking about children’s savings accounts

235 replies

bysy · 18/05/2026 06:57

A while ago my MIL mentioned she thought it was a good idea if we opened up savings accounts for our kids. So we can save on their behalf and also when the family gives money for them, it can all go into their own savings accounts.

we said yeah good idea, we will get around to doing it. I set up a savings account for them under my own account for now. Anyway, every birthday she’s always asking why haven’t we set up a savings account yet. She’s nagging us. Then recently it was one of my kids birthdays and she clearly got SIL to pressure us in the group chat, asking if we’d finally opened a savings account for our children’s future.

I was super pissed off. For what it’s worth, we do have the savings accounts now and I did tell them that I also have one for them under my own account.

then MIL comes round and tells my son to go and find the card they gave him with money in it (cash) it’s like she wanted to see if the cash was still in the card. It pissed me off again.

when SIL asked on the chat about the account I gave her the details of the joint savings account and said any money anyone had given them has gone in there already and will continue to go in there.

I think it’s so rude and intrusive do keep going on about this though. Kids are 4 and 6 for reference.

also for reference I give my nieces and nephews money for their birthdays and have never asked their parents if they have a savings account or enquired where the money has gone that I have given them.

it’s typical MIL dominance here.

OP posts:
pandarific · 18/05/2026 07:07

@PersephoneParlormaid i would be SO insulted if my MIL was implying that I was “siphoning” money from my children’s accounts. 😬

LittleBearPad · 18/05/2026 07:07

Why not set them up proper children’ savings accounts. It would be more tax efficient.

TheCurious0range · 18/05/2026 07:07

ViciousCurrentBun · 18/05/2026 07:04

If it is just your name it isn’t really their account or are you and the children named on the account ?

I have a savings account for DS, it isn't in his name because I don't want an 18 year old having access to a large amount of money, especially one with ADHD and high impulsivity, it doesn't mean the money isn't being saved for him, it's just being saved with purpose

PersephoneParlormaid · 18/05/2026 07:05

Why do you have your kids accounts under your name? She probably thinks you’re siphoning money from their accounts, and if she’s giving them money then that’s not an unfair thought.

hattie43 · 18/05/2026 07:05

Be pleased you have a MIL who’s interested in your children’s future . Kids that have no nest egg are going to find it very difficult in this increasingly expensive world .

Squirrelchops1 · 18/05/2026 07:04

Hi
Is it dominance or is she trying to work out what type of account you've got to ensure it's the best ie tax efficient etc.

Opening them accounts under your name/account is really inefficient and if she's a savvy saver, maybe she's wanting to help but coming at it in a way that's misunderstood.

ViciousCurrentBun · 18/05/2026 07:04

If it is just your name it isn’t really their account or are you and the children named on the account ?

Smokingtoaster · 18/05/2026 07:03

Eh? MIL is wanting to give your young kids money for their future, and wants the account details to put directly into the account and you don’t like that? 🤷‍♀️

How ungrateful! Your MIL probably keeps going on about it as it is an incredibly weird thing not just to say thanks and provide the account number!

Pineapplewhip · 18/05/2026 07:02

Yes its fucking rude! Its incinuating you're knicking your kids cash IMO.

So is she asking about their savings or asking about birthday money locations?

In my opinion birthday money is to be spent on something fun. Is she suggesting that instead of purchasing a birthday present- she just tops up their savings account every birthday? What joy does that give the children fgs?

Meadowfinch · 18/05/2026 07:01

So you've told sil you have, and given the details. Surely that should solve the problem.

It sounds like your MIL wants to start transferring money which is generous and a good idea for IHT purposes. I'd be pleased.

Swipe left for the next trending thread