To think dd should save half of her wages?

[cagesnflowers]

Dd14 has her first summer job. She earns about at least 150 a week (175 will be the max in the height of summer!)

I think she should be saving at least 50 a week if not half,
Dh disagrees and says to leave her be. She's only 14. She will be babysitting most weekends though so she will earn a bit more with that!

Aibu? Wwyd?

@CheshireCats yes her younger sibling does chores (the 6yr old) and uses her money to buy gifts close to Christmas. I'm sorry our family traditions stagger you...

I don't think it's a bad idea , it's a lot of money for a 14 year old to earn.
Maybe help her set up a separate savings account , she might like seeing it mount up.
I can't believe some of the harsh replies here.

@Christmasfairy2020

Also how has she got a job at 14. With no ni number

I worked as a teen doing summer jobs and pub work. Didn’t get an NI number until I was 16. Teens under 16 can work.

Re the NI number - I think the OP said they weren’t in the U.K.

@Divebar2021

Re the NI number - I think the OP said they weren’t in the U.K.

Even if they were in the UK, you can work from age 13. You only need a NI number if you are 16, which is the age you get them. You can be legally employed before that though.

Whatever she’s doing it’s very lucrative. Good for her.

She’s 14. Birthday presents are still your responsibility I’m afraid - it’s a dick move to expect a 14 year old to buy her siblings gifts out of her limited babysitting money

@callmemaybee

She’s 14. Birthday presents are still your responsibility I’m afraid - it’s a dick move to expect a 14 year old to buy her siblings gifts out of her limited babysitting money

She'll be earning up to £175 a week.

I had to save half my earnings and half of any birthday/Eid money as a kid.

I bitterly resented it at the time

It paid for the deposit in my first house.

My parents were right

She's working for it. It's not a gift. She has every right to do exactly what she likes with it.

If you don't get to see tangible benefits, where's the incentive to work hard?

Good for her!

Leave her to have her wages for a while. She has the rest of her life to have to save money.

@JSL52 she’s 14. £175 per week isn’t guaranteed. Plus as she gets busier with school/friends she’ll presumably stop babysitting so it’s only a temporary thing. I couldn’t imagine trying to scrounge money off a 14 year old.

@callmemaybee I'm not trying to scrounge anything from her. I'm a v high earner myself, I don't need to scrounge money from a bloody 14 year old. I find your twisting of my words really really odd...quite sad in fact.

Yes I expect her to find her own Christmas gifts for family now that she has some money. I dont think that makes me a terrible parent!But as I have already explained she likes to buy gifts with her money. Every time we go on holiday (pre covid 2/3 times a year) she would spend money on her friends/cousins.

I still buy her toiletries, clothes, make up etc so I'm hardly expecting her to fend for herself completely

My brother was a saver , I was a spender often treating other people -
I’m a lot better off financially than he is now so let her decide

[quote callmemaybee]@JSL52 she’s 14. £175 per week isn’t guaranteed. Plus as she gets busier with school/friends she’ll presumably stop babysitting so it’s only a temporary thing. I couldn’t imagine trying to scrounge money off a 14 year old.[/quote]
OP is not 'scrounging' off her though. Even though you seem determined OP is wrong , it can't be a bad thing to get her daughter in to the savings habit.

As opposed to forced savings, how about expanding her expected outgoings? What would you expect her to cover, at this age, with her money? Is this only for the summer, or ongoing? I would say she should be covering all the luxuries herself- so days out with friends, clothes that aren't necessities, snacks, etc. giving her enough expenditures that saving is also a possibility. If she doesn't- then you don't pick up the slack. At this age and still in school, I (personally) wouldn't be adding the board and good aspects until she's actually left school and is on a liveable wage. Basic phone credit I would provide, but if she wants/ needs more she would have to tip that amount up herself.

25% on essentials (food, toiletries etc)
25% on board
25% to spend as she likes
25% to save

@NannyAndJohn

25% on essentials (food, toiletries etc) 25% on board 25% to spend as she likes 25% to save

She is 14

@NannyAndJohn

25% on essentials (food, toiletries etc) 25% on board 25% to spend as she likes 25% to save

I think any parent, especially a well off one as the OP has said she is, who would even contemplate charging a fourteen year old child board and food money from their summer job, is quite a ruthless, greedy and heartless individual and certainly not anyone I'd associate myself with after finding out. Thankfully the OP doesn't seem to want to do that but I do wonder why a few posters think it's ok. It's not.

@NannyAndJohn

25% on essentials (food, toiletries etc) 25% on board 25% to spend as she likes 25% to save

Board ?? To a 14 year old. That is ridiculous

@NannyAndJohn

25% on essentials (food, toiletries etc) 25% on board 25% to spend as she likes 25% to save

She’s 14!

@NannyAndJohn no I won't be charging her board. She will be finished this job at the end of August (it is a summer job!)

@NannyAndJohn

25% on essentials (food, toiletries etc) 25% on board 25% to spend as she likes 25% to save

You can't charge a 14 year old for food and essentials!

Or rent!

It's her money so she can decide how it's used. How else will she learn about money?