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Holiday Shopping: Spending Limits For Kids’ Presents?

How much is too much to spend on children and teens? We want to hear your thoughts!

As the holiday shopping season goes into full swing, some people are maxing out their credit cards to pay for presents and others are setting budgets and sticking with them.

Scour just about any Facebook stream or stop in a local coffee shop and chances are you’ll hear parents debating the merits of setting spending limits. Or, you'll hear them lamenting about just how much they've already spent.

The ideas for a perfect limit do seem to vary rather greatly. Some parents say $100 per child is more than enough. Others tend to lean toward much more generous figures. After all, there’s nothing like seeing a child’s eyes light up as they unwrap gift after gift.

And that’s what we want to hear from you about! Do you set spending limits on the presents you buy for your kids? How much is too much? How much is too little?

Let your voice be heard by commenting below!

Deborah Coleman November 25, 2012 at 01:56 PM
I have three children who are now adults. Because there are several years age differences between them, it was a lot easier to set spending limits. I would usually buy one "big" present and several smaller ones (books, art supplies, games, etc.). I tried to stay within the $200 total range for each one with my mom chipping in for anything above that, normally an extra $50. Since their birthdays came within three months of Christmas (September, October, November), they had the option of getting the big present for their birthday or Christmas. I have five grandchildren ranging in age from 2 1/2 to 15 and I also set a spending limit of around $100 for each one, give or take. I'm a bargain shopper. I check all the sales and shop accordingly, whether it be online or in the stores, and always pay with cash. Maxing out credit cards for gift buying is irresponsible and sends the wrong message to our children.
Danna Walker (Editor) November 25, 2012 at 10:41 PM
Such a thoughtful comment, Deborah. I've always wondered what other people's spending limits were on children - I agree with your assessment!
Jim Davis December 05, 2012 at 04:19 PM
A great website for online holiday shopping is The Online Shopping Mall (http://jimdavisenterprises.blogspot.com). It has many leading online retailers and highlights lots of holiday deals and specials, that help you save money. Check it out.
Carl Simmons December 05, 2012 at 05:21 PM
I always start right here every year, and they have never let me down: http://www.amazon.com/b?_encoding=UTF8&camp=1789&creative=9325&linkCode=ur2&node=165793011&site-redirect=&tag=t068-20

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