Open 529s for each grandkid, put the same amount in if it bothers you.

Jan 5, 2025
9:43:05pm

BYUFBDAD All-American

You can contribute to each grandchild evenly if you want, then if another has a pursuit you approve of they can get something they need in lieu of a 529 deposit.

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BYUFBDAD

Bio page: BYUFBDAD
Joined: Dec 11, 2010
Last login: Jan 7, 2025
Total posts: 19,855 (1,282 FO)

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Messages

Author

Time

Thoughts on buying expensive gifts for grandkids that their parents can’t

GideonsTrumpet

Jan 5, 9:36pm

Why does anyone need to know? And please don't tell me your grandson's name is

byubyu

Jan 5, 9:38pm

Interestingly, it was a trumpet but Gideons Trumpet comes from a 1964 book

GideonsTrumpet

Jan 6, 7:36am

Earmark the same $ toward college/car for each grandkid seems fair

SwanSong

Jan 5, 9:38pm

I’ve never thought playing favorites was a good idea. But just me

Bluforever

Jan 5, 9:38pm

Do the other grand kids have to know you gave it?

RealSimsShadY

Jan 5, 9:39pm

And would they even know how much an instrument costs if they're not musical?

goidcougs

Jan 5, 9:44pm

Our whole family is very musical. All of my kids play at least one and

GideonsTrumpet

Jan 5, 10:29pm

Tell your wife that I owe my very stable career to playing PC games as a kid

creameryon9th

Jan 5, 9:40pm

I have a SIL in cyber security. He’s a gamer and a good guy so it’s not like

GideonsTrumpet

Jan 5, 10:17pm

For me, not a big deal. Sounds like a great blessing for your grandchild.

Nittany Cougar

Jan 5, 9:42pm

That’s a contradiction. I think you mean you’re treating them fairly, not

puntersarepeople

Jan 5, 10:06pm

Open 529s for each grandkid, put the same amount in if it bothers you.

BYUFBDAD

Jan 5, 9:43pm

Give the money to the parents to buy the instrument.

blah

Jan 5, 9:51pm

I see no problem. I think that's kind of how life operates when older too. Have a good idea and you can raise any

mokelembembe

Jan 5, 10:03pm

You did a great thing and owe an explanation to no one.

KayakCoug

Jan 5, 10:53pm

It’s your gift. Give it however you want. Wouldn’t worry about other kids etc

Swish

Jan 5, 10:57pm

Life isn’t about being fair and equitable

troutmaster13

Jan 6, 7:22am

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