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Money Moral Dilemma: Should my friends gift my only child more money since they each have two kids?

MSE_Laura_F
MSE_Laura_F Posts: 1,605 MSE Staff
Fifth Anniversary 1,000 Posts Photogenic Name Dropper
This week's MoneySaver who wants advice asks...

My five friends and I are all parents and we get each other's children 
Christmas gifts. This year we've agreed not to buy toys, but to give each child £30 for their junior ISAs instead. I have one child, while my five friends each have two - if we go through with this, I'll be spending £300 on their children while our household will only get £150 from them. Should I ask my friends to each give my child £60?

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Comments

  • What can you afford and what do you want to do? Do that. 
  • Personally I think no.
    3000/6000 emergency fund
    160/600 sinking fund

  • No. You are giving a gift to a specific child. You’re doing that twice. 
  • Give the same amount to each household.  
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