Would You Use Kids' Money to Pay Debt?
We get a government credit of a little over $100 per child monthly. I have been putting that money directly into an ING account for each child. I plan to eventually buy each of them a Mutual Fund or other long term investment with it. However, if I "borrow" some of the kids' money I can pay off the Visa bill by the end of December. It makes sense, but I feel guilty. I'm not sure why since most folks just assimilate the child tax credit into their regular income and spend it. WWYD?
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