Baby Bonus / CDA

Hi parents, just random talk. What do you guys used the baby bonus for? Heard people used it to topped up their CDA. Some used it to by their car haha. Some use as daily expense for the kids. Would like to know if anyone save it for their future use? Or bank it elsewhere that some sort of investment?

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We haven't started using but I think might go to preschool fees and random Dr appointments?