Would u use your Children benefits money to pay your rent or to save it for them in the long run

My parents are telling me to use my kids money to pay there rent but I don't wanna I am tryna save my kids money I'm trying to break that Generational curse bc everyone in my family using there own kids money I wanna save it so they can have money They want me to touch there money to pay there rent yes I am living in my mom's house and I pay 340 a month but I just cant wrap my head around taking it from them like my parents did to me I struggle to make money but the one thing I can't do is take from my kids just to pay people bills Would u do that what should I do guys they are getting mad im tryna find a job to help more What should I do you guys

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Your parents are dead wrong! I pay 2800 a month a long with a long list of other expenses and every month I take my baby bonus and add 500 to my kids educational fund and I built a savings account for each of them so they’ll have 10 grand by the age of 4. It’s rough and I make do with whatever is left which at one point there would be nothing as the amount changes every year and I work but oh well if I have to go without for my kids to have then I’m willing to do that! Good for you and keep going no matter how hard it is. Your kid could be the next lebron James or Serena Williams. I always tell myself my kids are my biggest investment

If you can save it, then save it for your kids and their future

Take that money and put it in a high yield savings account!!! That's what we do. I don't even count that money towards my income. If you want to break generational curses ... then break them.

I feel like it’s dependent on certain factors. Is CCB your only form of income ? In my experience if I need to provide for my child whether that be rent or whatever else that keeps them safe I would use the CCB. You can always save some of the money towards a savings. It’s hard being generational cursed. I personally aim to save $1000 yearly for my daughter because that’s the most I can do right now.

What about splitting it? Save/invest some of the money you receive for your kids and using some for rent? Even if it’s just $30-$100/month as long as you’re saving something I think it’s a great place to start. You can save more once you get a job and have more income.

@Nastran definitely um gonna continue to save thx

No, that is your child's money. It should be put in an untouchable account until your child is at least 18yo. Some say older. If you make sure the money goes into an untouchable account, you can literally tell your family there is no access and another solution needs to be found. Otherwise, lie. Don't allow others to steal from your child.

If you have the financial ability to save it, then do it. You don’t need to listen to anyone but yourself.

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