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After the party - what to do with the money? |
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- So, the party is over, and you have lots of checks and cash money that you have to decide what to do with? Good troubles! Here are a few alternatives to consider:
- Decide on a percentage of fun money to be spent on buying something precious right away.
- Spend the cash money, save the checks in the bank.
- Put all the money, or part of it, in a saving account that will be dedicated to a specfic purpose (money for college expenses, a car, starting a business, etc). All the money belongs to you, but in a bank account. It may be a good occasion to demonstrate the importance of saving!
- Donate a certain sum to charity of your choice.
- In circumstances where parents cannot afford a party, sometimes parents use the money to cover the costs of the party. It may be hard for the children to grasp and accept it. A mature conversation about the issue always helps. Discuss with the child, before the party, the costs, the budget and the possible alternatives.
- Every person and family decides on its own what to do with the money. It is a personal issue and there is no "wrong" or "right" here. Whatever works for each family is the right thing to do. Discuss the issue maturely and choose a way that works for you all.
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Gift Etiquette 
