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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

gifts into kids isa instead of Christmas presents?

6 replies

Spaceshiphaslanded · 21/10/2018 22:30

WIBU, if/when family members ask what little Timmy wants for xmas, to say if they really want to gift something a fiver into his ISA would be most appreciated?
They don’t need so much plastic tat. I’m not a complete Scrooge - they get plenty of presents! I just feel in today’s age, saving and investing help is much more valuable.
However how would you feel if a family member said this to you?
Just after thoughts - haven’t acted upon this (yet)
Thanks.

OP posts:
MrTrebus · 21/10/2018 22:33

"Money into their savings" would be better than saying a fiver for their isa. I know that's nit picking but most people would spend more than a fiver so saying money then doesn't make you sound like you think they're tight. And savings instead of ISA because after working in retail banking for over 15 years a lot of people have no idea what an ISA is Grin

Spaceshiphaslanded · 21/10/2018 22:36

Wise words Mr Trebus - thank you

OP posts:
XiCi · 21/10/2018 22:38

I wouldn't dream of doing this. I think people get joy out of buying something a child would like and seeing their face when they open it. The child will have no concept of money being put into an isa, it would be as if that person had not bought them anything at all. Would also feel a cheeky fucker asking for cash instead of a pressie

Birdsgottafly · 21/10/2018 22:46

That's what my DD has done, for the last few years.

I don't see the issue with it. We should all be getting environmentally aware and it does no harm in just valuing meeting up with relatives, having food etc.

But all this present buying didn't happen in my circle, in the 70's/early 80's. But then, even chocolate was a treat.

Glumglowworm · 21/10/2018 22:47

Depends if you think they’re likely to do as you ask or if they’ll just go get plastic tat regardless. If the latter it might be better to request a particular kind of plastic tat that DC would like.

It also depends on the age of DC. Toddlers won’t notice or care, but a seven year old would rather have something to open, then by teen they mostly want money but would probably rather spend than save (for long term savings rather than saving up for something they want)

thegreylady · 21/10/2018 22:56

What a joyless response to,”What would X like for Christmas?”
For one thing I very much doubt that X would like “a fiver into their ISA” and for another the giver could have suggested money if they wanted to. Most of the pleasure of Christmas is choosing and buying gifts for people, especially children. Time enough for money gifts when the teenager requests them.

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