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@emm3635 That's a sensible suggestion, thank you. And yes, there will be a teaching opportunity on inflation when the others figure out the youngest receives more money, if only nominally :-)

@prayerwarriorjd Investment is already taken care of, this is just expendable cash come university life :-)

@kaytiedid Thank you. I'm already buying index funds for my kids but I want them to have some disposable cash for when they want to get driving lessons, buy some furniture when they go to university, etc. This cash would approximately be 20% of their total savings when they reach adulthood...

I want my three kids to have (more or less) the same amount of savings when they reach 18. Interest rates will change and they'll receive gifts in the coming years, which means I'll have to accept some differences in the outcome. For the sake of calculation, I will pretend the interest rate is...