How much should you spend on Christmas gifts for your kids? Do you follow a budget?
When you have the means to do so, spoiling your kids can be almost too easy.
The holidays are definitely a time of giving, and some of us do so with wild abandon, to the point of spoiling the kids just a little too much. Christmas comes but once a year after all.
Despite my best intentions, my budget falls by the wayside and I end up overspending because I see just one more thing to buy for Kid A and inevitably have to buy just one more thing for Kid B to make everything “fair.”
It’s a struggle, but I know I’m not alone.
TODAY Moms and Parenting.com surveyed 6,000 parents and found that three-quarters of respondents said that their kids are a little or a lot spoiled, and 60 percent believe our kids are more spoiled than when we were kids.
Totally agree there.
The survey found that the average amount spent per child this holiday is $271, but one in 10 said they’ll spend $500 and one in four answered that they’ll spend less money on gifts this year.
You can check out the full survey questions and results at Today Moms.
One of the most interesting questions in the survey was: “Do you bribe kids into good behavior with the ‘Santa’s watching…’ threat?” 57.1% answered yes! And I thought I was the only one who had done that!
How much have you spent on your kids’ Christmas gifts this year?