OK so he has not had that much of a life yet not the opportunity to build up much savings but what he had is considerably less than he had a month ago.
My most honorable (and foolish) son #1 (16 years old) set up a PayPal account hooked to his savings which he is slurping $$ out of to make "donations" to an online game site or two.
Just thought I'd mention my tragedy so that it does not become yours. I usually just gave him his monthly statements from the bank and did not worry about it. Make sure you check your kiddos' every once in a while.
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The practice of putting women on pedestals began to die out when it was discovered that they could give orders better from there.~ Betty Grable
Oh dear Lil. When I was a kid I knew it was not worth my life to touch my savings. I don't even think I had any of my account details!
With regard to my little one's savings I intend to give him a pocket money account when he's older and lie lie lie about how much money he's got in his proper savings account, until I know he'll spend it on a car/house or both.
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"Time flies like an arrow -
Fruit flies like a banana"
Lil? Does the site have an age agreement in order to play? I don't know the rules for this but maybe something can be done if he isn't of age to make such "donations".
Life's lessons suck when you're watching them happen to someone you love...eh?
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Minds are like parachutes. They only work when they are open.