baby bonus

What do u do with ur baby bonus monies? Did u split it with ur husband?

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VIP Member

IT DEPENDS ON U TO MAKE THE FINAL DESICION MUMMY as for me (It is a ANGPOW fm OUR GOV for my CUTIE .. MY HUBBY & ME STRICTLY made a vow (Nope Nope Nope all tis $$ is our daughter"s money) SO keep it in her SAVING ACCT (NVR MUST WE USE IT) n whenever any1 give her any ANGPOW also deposit into our DAUGHTER"S ACCT ... when she reaches a certain age ... (BLESS HER N PASS HER THE BANK BOOK AS A GIFT FM MUMMY & DADDY)

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Split with husband for what purpose? If husband is working and wife is not, it's better if the wife keep it. But if both working with good pay then just keep that money for baby's saving. Use it only to buy baby stuffs.

Super Mum

We put $3k into CDA because government matches $1 for $1. CDA is used for optional vaccines plus kindergarten. Rest of money went into joint account. Used to buy baby stuff

Super Mum

First tranche we put in cda to max the matching grant. Subsequent ones, into her saving. Solely for her. No spliting

I would put in CDA as well. Will not split with husband as the bonus is to help parents manage baby’s expenses.

Still in baby's bank account, will not be spending it unnecessarily...

VIP Member

For baby expenses.. Like see doctor, his toddlers class, and etc :)

VIP Member

Ya. Put in CDA for baby childcare fees. Deplete within a year.