Nope. They can buy one themselves if they want.
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Not planning on having kids but if I was; absolutely not buying it for them.
1) I don’t know if they’ll even like one. (Cartier may not mean the same to them as it does to me.)
2) They need to understand how to earn to a point where they can buy luxury on their own and understand the value of money and what it means to be fortunate.