Btzzk: No big deal i bought car for my daughter in 12 grade now in college, and my son we get one this year. i don't have that kind of opportunity but i promise myself, provided they are doing good in school i will give them anything.

tpia@:


sugar daddy, sugar mummy, armed robbers, scammers, 419ers, corrupt politicians, etc.

lastpage: Let my son /daughter work hard and save their money towards buying a car, if he/she needs one!

Even if l be Dangote or Owner of Microsoft!

The best l can do is to guarantee him/her 35% contribution towards the cost of the car if he or she can show me and convince me that the other 65% is from his hard earned sweat, that they are matured enough to own and drive a car and will not use it to bring "sorrow" to the family!

There is always pride in what you worked for (not what someone gave you)......Dignity in labor, always.


Lastpage!

bettymafy: How old are the children in question? What level of education have they attained? How responsible are they?

lastpage: Let my son /daughter work hard and save their money towards buying a car, if he/she needs one!

Even if l be Dangote or Owner of Microsoft!

The best l can do is to guarantee him/her 35% contribution towards the cost of the car if he or she can show me and convince me that the other 65% is from his hard earned sweat, that they are matured enough to own and drive a car and will not use it to bring "sorrow" to the family!

There is always pride in what you worked for (not what someone gave you)......Dignity in labor, always.


My father shares the same philosophy, and this made us strong and successful.

I will buy a car for my child when he starts working and can maintain a car. The child must have contributed 70% of the cost of the car.


Lastpage!

manie: Why should I buy a car for my child, fuel the car, service the car and maintain the car?

I think we need to encourage our child to be investment savvy, frugal,entrepreneurial, financially literate and to imbibe the right values like dignity of labour, hard work, contentment , gratitude, delayed gratification etc.

omnitrix: My pops kept his promise to every child of his that upon graduation a car gift awaits.Even though I was given a one door golf,it still took me frm point A to point B...I even got married with the car,but ofcourse moved to better autos over the yrs...I shall up the ante' for my own kids...I'm bent on seeing my kids pursue any career of their choice in the Nigerian Navy,so I've started intimating them of my intention to get them new cars(and I shall,God willing)as soon as they conclude NDA and are decorated as officers of the Nigerian Navy.So I don't see anything wrong in buying cars for kids/young adults,cos we all turned out right...Gbam!

AjanleKoko: My children are way too young for me to worry about such things

I'd rather focus at this time on building a solid foundation for my kids. The right schools, the right exposure, investments, etc.
A car is the least significant thing I'd want to give to my kids when they come of age.[b][/b]

K0ala7:

Guy, na this your type spelling they hold people progress back for this life. Just saying.

manie: lastpage: Let my son /daughter work hard and save their money towards buying a car, if he/she needs one!

My father shares the same philosophy, and this made us strong and successful.

I will buy a car for my child when he starts working and can maintain a car. The child must have contributed 70% of the cost of the car.

Anvaller:

In reality parents don't buy car for their young children but they allow them to drive their car/cars[/b][b]... and when they are old enough to maintain a car, they give a car out to them or outright buy a new one for them.. So ur comment here is not really different from what happens in reality.

Anvaller: This question is not very specific hence the reason why ppl's comment is pointing at different directions.

U did not indicate the age range of the children. Are u talking of teenagers or full fledged adult? Look, on a general note, there is no right or wrong in this case. It depends on the parents and the children. If ur child is level headed, very obedient and responsible, why not? If u have a child with excessive habits, it may not be a good move to buy a car for such child.

Even if ur child is grown and mature enough to buy his own car, it also depends. Unless ppl are being untruthful here, there are many ppl I know whose 1st car was either given to them by their parents or outright bought for them by their parents. Most of us do not have the kind of opportunities our parents have in their time... and some parents understand this, hence they assist their children till at least they can successfully stand on their own.

manie:


I think the guy must have been hardworking or business savvy enough to have contributed 70% of the cost of the car, before I can give him the outstanding 30%.

I can buy good stocks and real estate for my children, but if the child needs a car he should be able to afford 70% and the child must have extra cash for further investments and maintenance of the car.

After my NYSC in 1998, my father told me that from 1999 I would start paying rent and NEPA bill for the apartment I stayed. Can you believe that I paid a subsidised rent to my dad for 6 years before I moved from my fathers house.

But the guy was kind enough to have returned 90% of the money paid to him as rent over the years, I was wise enough to invested this windfall into real estate.

Neaman: Nothing is good or bad, thinking makes it so.

pappilo: What a stupid question? I cant even believe this is being debated

My dad gave me a car in my second year in Uni. I sold the car after Uni and he topped the money up for me to buy another car. I didn't buy a new car instaed I changed the money to pounds and survived on it for my first 18 months in England.
My dad has bought a brand new car for every single one of his children (2 for one of my sister's cause her first was stolen after 11 months)

Who should he spend his money on? Charlatans and praise singers? Like someone asked, should he keep the money in the bank and watch his children fly okada everywhere? poverty mentality IMHO.