DD won £5k - should she share it?

NewKittenHelp

I don't understand why dad is sticking his nose in, but the mum not when it was she who cashed it in and allowed the daughter to buy an iPod. Is it because she's mum and he's dad?

I would have shared it. The bonds were a gift to all three so all winnings would have been pooled and shared out at 18.

Lucky94

If they had all shared any winnings from the beginning then yes but just because of the large win no not now. Also she shouldn't be made to feel like she has to, it's her money.

I remember a few years ago I won some money less then your DD and a sibling of mine asked our Mother if they would get any?? This same sibling hasn't spoken to me for x amout of years we don't have any contact cards, presents etc but I won a small amount of money and they wanted a share WHAT??

Anyway I bought my Mother a lovely gift and paid for a meal for some family members..I even offered the sibling to come, but no it was money they wanted.

Now if I won anything I'm afraid I'd keep it quiet.

Poppy9

I think while they are children and living at home I would expect them to share it, once they are adults it's up to them but I would hope they would continue to share their good fortune with their family.

Myself and my 3 siblings all had our own premium bonds bought by parents/grandparents but if one of us had one there would have been no discussion about sharing it would have just happened. It would have been a family win

My parents won the football pools and they put money in savings for all four of us, treated us to an outing and new clothes then spent the remainder on buying a house (we lived in council house till then). They also shared the money amongst their wider circle including the priest who used to walk everywhere and my mother had noticed when he knelt in church he had holes in his shoes:rotfl: When they died the house came to the 4 of us so effectively they gave us almost every penny.

TBH I would find it disappointing if my DD didn't think to share her winnings as that is not how we've raised her. She maybe an only child but I like to think she wouldn't think twice of sharing with us and her cousins and even her friends.

Poppy9

aliasojo wrote: »

I think it's very wrong for Dad to stick his nose in tbh. Especially since he's only done it because of the amount.

Maybe though the Dad had assumed a sizeable win would automatically be shared, especially seen as the bonds came from his father and perhaps that's how things would have worked in his family.

Sometimes you don't always discuss every little details because you assume the right thing will happen, bit like when parents die and you have to sell up the house and empty the contents. You hope that you've raised your family so that they will honour your memory and do the right thing and not be greedy or selfish.

Spendless

I don't think you can ask her to share tbh, since smaller prizes haven't been previously. :cool: I put the scenario to my 2 kids (aged 12 and 9) about winnings- not that they have premium bonds, and they both said they'd share but the older one would give his sister £500 -10% of winnings, whilst DD said she'd 1/2 it - neither knows what the other has said. I'm glad of the pre-warning that I'd need to state the 'rules' should they ever be bought some.

I know your husband has come in for a bit of criticism, but is it possible that his Dad (the giver of the premium bonds) has said something about it, thinking it should be shared?

claire16c

My Grandad bought us premium bonds and whenever a win came up, it was split between me and my sister. However this was decided right from the beginning. But it was good, gave us more chance of winning something.

jlj_2

Myself and 2 boys have our own premium bonds and we have always had any wins reinvested as new premium bonds so we don't get to see the money.

Tina20

Should she share it? Yeah

Should she be MADE to share it? No

It would be lovely for her and siblings to share the winnings, but it's up to her.

Could you maybe have a family meeting about how giving and sharing benefits everyone? Then its up to her

aliasojo

Poppy9 wrote: »

Maybe though the Dad had assumed a sizeable win would automatically be shared, especially seen as the bonds came from his father and perhaps that's how things would have worked in his family.

Funny you should say that.

I have raised my kids to never assume anything in life, whether it be in relationships or working life. It's something I feel very strongly about.

Daughter's friend assumed something (wrongly) today and it meant their plans couldn't go ahead.

It was a practical display of the very thing I have instilled in my girl, not to do.

Whilst I was sorry the plans had to change, I also felt a useful lesson had been taught.

Perhaps a useful lesson for the OP's family too?

Mojisola

claire16c wrote: »

My Grandad bought us premium bonds and whenever a win came up, it was split between me and my sister. However this was decided right from the beginning. But it was good, gave us more chance of winning something.

This is what was agreed with our children.

When the first win came in, the winner was suddenly in two minds about sharing it. I asked what should happen if one of the others won £1m or £100k next month. Should they keep it all or share with siblings? Suddenly sharing made sense.