Teenagers money

[Maths9]

Ds13 has just been paid 10000 pounds for a commercial and he wants to put it towards his uni fund. However as we were talking about expenses he suggested we could have a grand for expenses. I was a bit offended as technically the money is ours and although we would put it towards his uni fund, we would like a bit for ourselves. He also does not want to share it with his sister, which we thought we could do. Any suggestions

He sounds very sensible , unless it's actually you in the commercial it's not yours at all, can't believe you'd think this.

Wow

I cannot imagine having a child in a position to be able to finance a successful future for themselves and me being sat there rubbing my greedy little mitts together thinking how much of that money I could take

Bank it for him - it is his money, he has earned it

Get a grip OP. It is categorically NOT your money.

What happens to his birthday and Christmas money.

Bloody hell, it’s not your money at all and I can’t believe your husband want to charge him agent’s fees. It’s his money, he must have worked hard/ be really talented to earn that much, he’s got a really sensible plan for it and it’s not yours and certainly not his sisters. The most you can reasonalby deduct is genuine expenses eg petrol, hotels etc.

Pretty sure there's laws around money that children earn through advertising, modelling etc.
It is the child's money and the parents aren't allowed to spend it - it's in place to protect children from exactly these situations.

Another one saying it's CFery to claim that money is yours.

Your DH pimped his kid out as an actor, so that you could get the money?! That's disgraceful

If your DH supported your DS in his goal of acting, then that's nice, but something good parents do for their kids.

If your kids get 20 quid from grannie for Christmas do you pocket it?

So do you give your DS some of your salary, surely this is also family money and they should be given a share?

Money for the headshots web fee is ok but absolutely nothing else!

Why do you feel you should decide how much money he gets? What's your reasoning for that?

You decide what he does with his wages, if he can decide what to do with yours!

Nope sorry. It’s HIS money as he is the know who has done the work. The fact your or your DH has done some work to email/find the commercial etc is not here or there. It would be like the agent of an actor saying they should receive all the money!
I’m also pretty sure that HE will be paid for it, not you, so even in legal ground, you will be wrong.

As his guardian you ARE responsible to ensure that the money is well spent. And unless you are really short of cash, this should not be used for food and general expenses. And certainly not in a ‘his money is our money’ type of attitude.
Tbh I would actually check in a legal POV what you can and can’t do too!
As for giving some to his dsis, no way!

Btw, I would also be threading carefully because taking all the money and deciding what to do with it because ‘it’s all in the Common pot/ours’ is likely to bring a lot of resentment in his side.
Ever heard about children who end up suing their parents because they have taken all the money they earn from them?
Don’t end up there

Leave your sons money alone.

It's his money, he earned it. Fair enough taking expenses for petrol, public transport, accommodation, but not sharing it out.

You sound really money grabbing - shame on you.

Your son earned it, it’s his money.

Technically the money isn’t yours (why would you think that)? YOU would like a bit for yourselves (can’t believe you would take money off a child). He doesn’t want to share it with his sister (as you thought he would do). You all sound grabbing!

What a sensible lad at 13 wanting to save it for Uni. You should be really proud (most kids would want to spend it).

It is his money, and his money alone.

It would be reasonable to ask to be reimbursed for expenses on production of receipts, but apart from that, keep your grubby mitts off of your son's hard earned money.

In absolutely no way whatsoever does it belong to you, your husband or your daughter, and none of you should expect to take a cut.

Putting the entire amount into his uni fund (in his sole name) is absolutely the best thing to do with this money, and any future earnings.

Misses point entirely, but £10K !!! for having some photos taken ?

Your DH sounds like an arsehole. I can't even begin to imagine why you would want to take this money from your son, he earned it.

I think it’s disgusting that you think you have any claim on the money other than expenses such as hotels etc. Your husband isn’t his agent and has no right to claim and wages etc or give any to his sister if he doesn’t want to.

this is the funniest jokes I have heard all year....well I hope so as there's no way your son's hard earned cash is all your money, YOUR THE PARENTS And YOU PROVIDE FOR HIM...NOT ThE OTHER WAY ROUND ...off to laugh some more

I'm pretty sure it's illegal for you to take that money but not 100%. My son is a baby model and all his fees get paid into a named savings account that he will have access to aged 18 and our expenses have always been paid by the company he's working with

BackforGood
I don’t want to go into details but it was a couple of days of filming not just pictures.
Thank you for all your replies, it seems we are being unreasonable and we will be giving our child the money for his uni funds. Someone mentioned about the child being paid but in our case the money went into our bank account.

How utterly disgusting. Deduct what you spent on travel etc (not agent fees ) and give him the rest. Unless you want to share you salary with him and his sister if it's all family money. Hate to think what kind of parents you are.

Wow, CF money grabbing, greedy parent thread! How the fuck do you come to the conclusion you are entitled to any of that cash Your husband emailed agencys because that is what parents do for their kids not to fleece them of mo eu earned.

Seriously unbelievable, just wow