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Ideas for spending my inheritance?

16 replies

WideWebWitch · 17/09/2003 23:39

OK, inheritance is overstating the case I think but any ideas appreciated all the same...My dad died in 2001 and my mum, who was executor (poor woman, they'd been divorced for 30 years but were amicable), has just decided it's been long enough to give us each £106 (yep, that's 106 pounds, not one hundred and six k!) - i.e. there are no other expenses etc to be paid or likely to become due. I'm pregnant and due in November and since my dad will never meet this baby, I'd like to buy her something with this money, but don't know what. Dad bought ds (nearly 6 yo) premium bonds when he was born so I could do that for this one too but it seems a bit, well, unimaginative. Actually, I'm not even sure £106 will get a premium bond these days. Any other suggestions for something lasting I can buy her from her grandad? I know £106 isn't a lot of money but I'd still like to get something memorable. TIA for any suggestions!

OP posts:
expatkat · 17/09/2003 23:51

With £106 pounds can you buy an heirloom quality christening dress, that she can one day use for her children? (That is, if you plan to baptize her. ) I was able to use my old christening gown for my children b/c it was of such good quality it good be saved & used a generation later. But maybe I'm dreaming to thing £106 would buy something like that. But if it is more expensive, perhaps your mom can pay for half and it can be a gift from the "grandparents" plural.

Best of luck spending the "windfall."

SueW · 18/09/2003 06:45

Swarovski Christmas star for this year, next year and the one after? They appreciate in value quite well - check ebay to see that a 1992 one which would have cost around £30 is now selling for over £90.

Late MIL started us off on these as she wanted something she could easily send from NZ. Now my mum has taken over giving them to us. One day we hope to have a completely crystal tree and then pass them all to DD. I think they would be the only thing we'd really fight over if we got divorced! Strangely I'm not even a crystal fan but I love these.

DD has done well on Premium Bonds, having doubled her money I think in 5 years or so (we've got them on auto-reinvest). Mind you in the same time, neither DH nor I have won anything! I think the minimum purchase is £100.

SnoobyKat · 18/09/2003 07:15

Maybe you could use part of it to "plant a tree". There are various organisations that plant a tree named for someone. One of DS's godmothers sent us a tree to be planted for his birth - this was in France but I know the RAC and Trees for Life do something similar in the UK.

SoupDragon · 18/09/2003 07:45

I like the crystal stars idea

sibble · 18/09/2003 08:48

I recently inherited some money from my Godmother, agani not a huge sum but I wanted to buy something that would remind me of her. She loved art so I managed to find a carving I liked within the budget. I now have something we enjoy but I think she would also have liked. Failing that what about something from Tiffany the jewellers. She would probably love that when she is older as well.

sibble · 18/09/2003 08:50

Sorry forgot to say I had premium bonds as a christening present and am 38 next month and have never won!!! A great investment but only if you win.

Janstar · 18/09/2003 09:12

My dh had stars named after my and my two dds. I thought it was soppy myself but lots of people like the idea. I think you could name a rose for that amount too (roses cost more than stars). You could name it with both their names.

Batters · 18/09/2003 09:29

This reply has been deleted

Message withdrawn at poster's request.

Pimpernel · 18/09/2003 09:39

How about a rocking horse? Mamas and Papas have a nice range (cost about £50-100, I think). A nice one could be passed down to her children. I always associate rocking horses with grandfathers, although I've no idea why!

janh · 18/09/2003 09:42

Lots of great ideas on here - I'd never heard of the stars so I don't know what they're like but they sound lovely.

It's a pity you can't buy P Bonds for less than £100, I was thinking it would be nice to use some of the money to do what he would have done and the rest for a keepsake, but you wouldn't get much with £6, would you?

I like Janstar's stars idea too. In fact it's stars all round...you want something that won't break!

Thunderbird · 18/09/2003 09:43

LOVE the rocking horse idea but it would depend on having some space I suppose. I also like the tasteful children's stuff available at HalyconDays

lucy123 · 18/09/2003 09:55

aaah - how nice to have a money thread that's not about debt!

I vote for the tree idea for some of the money, but then a really nice toy that she wouldn't otherwise have had - Pimpernel's rocking horse, maybe, or a garden swing. The swing would last longer I think and maybe give your ds something to play on too!

I always think buying things in the hope of making them an heirloom is a bit of a waste - buy something she'll enjoy!

Oh yes, also instead of premium bonds, why not £20 in a children's post office account? It won't go far but will help to encourage her to save etc when she's older.

codswallop · 18/09/2003 09:57

Mt Mum won 5000 and the 500 and then 50 in three draws!

ThomCat · 18/09/2003 10:01

I bought a star for my god-daughter and it went down very well, but since then I found a site saying what a massive swizz buying a star is and went off the idea.
The other thing i did was to buy my othr god-daughter a really expensive bottle of wine and then store it in my mothers basement to be opened on her 18th birthday. i spenat about £100 and one that expensive will keep for that long easily.
Or how about adopting her an animal - a dolphin or a gorilla or something - or a donkey at a local scantuary?
Somethig from Tiffany's?
I also like the tree idea. my friend planted one for lottie when i was pregnant and we sat hr under it this summer and read books to her it was lovely.
Rocking horse is nice as well - or maybe an old dolls house (not an ELC one!)?

Angiel · 18/09/2003 10:03

I think those crystal stars look lovely. I might start collecting them myself. Loads of great suggestions here, I'm sure you'll get something lovely.

wiltshire · 18/09/2003 10:40

I bought my God daughter a special edition set of Beatrix Potter books. All boxed and pretty.

Or you could get a cast of her hand & foot in a decent frame. Have seen this can't remember if it's in the NCT book or mothercare book, but it was better quality than the 10 quid in a tin job. The cast was bronzed and put in wooden frame.

You could wait until shes a bit older and get a local artist to paint her. Don't quite know how much this would cost but I am sure there are local links at your library on this.

Premium bonds are minimum 100.00

Someone I know bought 100.00 worth of shares in their football team for theirs.

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