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 to 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 …
Leigh
12:12 pm on Sunday, November 25, 2012
We have a Christmas account that gets an automatic deposit each month. We also put some of our tax return into it. This is the spending limit for the holidays for our two kids, five nieces and nephews, our pets and two sets of grandparents. We don't exchange with each other or siblings. This year we have about $2000 saved. As usual, I will spend every penny and love every minute of it. Christmas … more ›