How much money would you give to your niece for her 18th.
If it makes any difference:
- she's the eldest sibling by 9 years, so loads of time to save up for the others.
- Isn't going to university, unsure of plans after college beyond "not uni".
- Has had some emotional and social difficulties in her teen years.
- Quite close relationship.
- doesn't want a specific gift, is looking for contributions towards a car and insurance
- her parents aren't well off enough to buy her a car in full.
I was thinking £500 would be reasonable. I should be able to save that for the others by the time they reach 18. I could give more but probably wouldn't be able to match it for the others.
Is that reasonable?