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Infants, Toddlers, & Preschoolers
Reply to "How many presents do you usually buy for your child's birthday and how much do you typically spend?"
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[quote=Anonymous]My nieces, now 18, 19 and 21 all were lavishly spoiled by family and friends. When they were young, there were closets of unopened toys, gifts, etc because they received so many things. My siblings both lamented that they spent so much money on gifts and yet the kids often didn't notice or enjoy some gifts because they were overwhelmed. So, my mother and I started the "grandma fund" for each of the girls. Each year, we gave them something small they would enjoy and then would put money into the grandma fund, for both birthdays and Christmas. And they still had overwhelming amounts of gifts from other relatives and friends. When my oldest niece was going to college and wanted a new car, she took out $8000 from the grandma fund, shopped around, got a great deal on a very lightly used car that fit her needs perfectly and actually returned $3000 to the grandma fund. And there's still more money there for whenever she wants it. The second niece, in HS, took out money to buy herself a really nice camera since she was getting much more into photography than when she got her cute, nice point-and-shoot from her dad a few years before. So, now that I have two one year olds, we actually got them nothing for Christmas or their recent first birthday. They still received a ton of gifts from aunts and uncles, and friends of the family. Instead, I put $200 for each of them in their bank account for both Christmas and $100 each for birthday and we threw them the party (really for us, but we did include several other one year olds for a playdate). My mother has continued to add to the "grandma fund" for each holiday. I have two one year olds who already have $1500 bank accounts and growing.[/quote]
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