Child benefit

I was just curious what everyone is doing with this money, are you putting it into a savings account, using it primarily for their milks, nappies ect ☺️☺️

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We're using it mostly for the consumables - nappies, wipes, cotton pads etc.

I have a pot in my monzo account that it goes into and I use it for anything child related - nappies, wipes, new clothes, put it partially towards days out etc x

I’ve put it straight into a savings account for him x

Using it for formula and baby classes etc and then plan to put it into savings when I'm back to work

We're putting some in premium bonds as a saving for her and some off an overpayment on our mortgage whilst we can afford to xx

We’re using it for now while I’m on mat leave just as a top up for milk and stuff, but as soon as I’m back at work it’ll be put into savings

Savings for when he turns 18

Putting it in a separate account and going to use it towards school trips and spending money x

Savings account for little one , she’s got a building society account so I transfer it into there ☺️ it’ll be for when she’s older and wants to go on the expensive abroad school trips or buy a car/ lessons ect.

We’re using it for consumables which is mainly formula. When she turns 1 for example and I’m back at work I’ll use it for clothes and then put anything left in her savings

Using it for things for her whilst on mat leave then hopefully savings when I’m back to work if life lets me!

We use it for baby classes, clothes or medicines ect x

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