Preparation of monthly additional costs. Can I find something like this somewhere?

And paying off a scooter for 1000€ with a 16-year savings contract? I call that dead capital.
By the way, it is a valuable experience when kids earn and finance their own little fun activities.

Mine have a stock portfolio for birthday money, etc.

Annual amounts like insurance payments end up in a daily allowance account. Many banks also allow the creation of any number of daily allowance accounts, meaning Excel and co are not needed; you can set up a separate account for each item. For example, with the Ing-Diba, this is possible; you can freely name the accounts there to keep an overview.

And for a €1000 scooter, serve a 16-year savings contract? I call that dead capital.
Incidentally, it is a valuable experience when the kids earn and finance their own little fun.

Mine have a stock portfolio for birthday money, etc.

It's not my dead capital. :-p
At 18, both will have a five-figure amount. It is supposed to be used for a driver's license and a used car.

Clicked "like" on Alex's post.

Please don't misunderstand: Of course, I can understand why parents think it would be beneficial for children to have some financial freedom on their 18th birthday (whether for a driver's license or additional training, or whatever... doesn't matter for now).

But why don't people go and point out to the teenager at 16 how much certain things cost, as long as they want to have them from 18 onwards, and that it would therefore be a good idea to already have a part-time job on the side?

It is exactly those skills and the mindset that school does not teach when you earn your own income and start early, even if you are still immature, to deal with saving and/or spending your self-earned money. Pocket money does not accomplish this because it is processed mentally differently: You did not earn it yourself, at most you negotiated for it.

After all, most solvent parents support their children financially through their studies anyway, regardless of whether an account was set up beforehand or not. And at some point, self-performance has to start somewhere.

The statement: If you want to buy a used car at 18, you should have already been working for two years; we'll help you with the driver's license for that— I personally consider that a healthy compromise.

... or an extensive party in Ibiza. You just don't have it under control ;-) My children's accounts are also (still) not in their names - also for this reason.

I clicked "like" on Alex's post.

Please don’t misunderstand: Of course I can understand why parents think it would be beneficial for the kids to give them some financial freedom for their 18th birthday (whether for a driver's license or additional training, or whatever... doesn’t matter for now).

But why don’t you go to the teenager at 16 and point out how much certain things cost, if they want to have them after turning 18, and that it would be a good idea to get a part-time job already?

It’s exactly those skills and also the mindset that school doesn’t teach, when you earn your own income and deal with saving and/or spending your own money early on, even if you’re still immature. Pocket money doesn’t do that, because it’s processed mentally differently: you didn’t earn it, at most you negotiated it.

After all, most well-off parents support the studies financially anyway, no matter whether an account was set up before or not. And at some point, self-initiative has to start.

The message: If you want to buy a used car at 18, you should have started working two years earlier already, and we’ll help you with the driver's license for that, is in my opinion a healthy compromise.

That’s also my attitude. In ’99 I shelved shelves at EDEKA for 6DM an hour. It didn’t hurt me and will be passed on the same way :-)

However, the savings accounts are set up with the grandparents in the children’s name. And you know how grandparents are—they switch their brain off when it comes to their grandchildren and forget everything about the upbringing they expected from their own children. For them, full grandma/grandpa dementia hits.

And you know how grandparents are, when it comes to grandchildren, the brain is switched off and everything you assumed about raising your own children is forgotten. That's when the full grandma/grandpa dementia kicks in.

:D

I experienced that too. But my parents were clever: they managed to deal with my grandparents in such a way that it was tacitly accepted. When I turned 18 and already had some money of my own, I suddenly got this on top: Here you go, now you can pay for your driver's license. I could do that too. And a nice trip to Mallorca with friends after graduating high school. I treated myself to that.

In my opinion, the experience of having worked for money at least once is irreplaceable. The affinity for part-time jobs during university is enormously increased.