Join Early Retirement Today
View Poll Results: How much do you spend per child on Christmas presents?
I don't buy Christmas presents. 12 23.53%
0 to 0.1% of yearly budget 14 27.45%
0.1 to 0.2% 5 9.80%
0.2 to 0.35% 2 3.92%
.35 to .5% 3 5.88%
.5 to .75% 3 5.88%
.75 to 1% 2 3.92%
1% to 1.5% 4 7.84%
1.5 to 2% 5 9.80%
More than 2% of yearly budget 1 1.96%
Voters: 51. You may not vote on this poll

Reply
 
Thread Tools Search this Thread Display Modes
How much do you spend on Christmas Presents?
Old 12-27-2016, 02:38 PM   #1
gone traveling
 
Join Date: Oct 2016
Posts: 255
How much do you spend on Christmas Presents?

Assuming you give Christmas presents to your children, how much do you spend per child?
(I'm using percentage of yearly spending in the poll answers, to normalize between people who are relatively thrifty and those who are big spenders. So if your yearly budget is 100K, and you spend $500 per child, that is 0.5%.)
__________________

Curmudgeon is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 12-27-2016, 02:43 PM   #2
Thinks s/he gets paid by the post
Teacher Terry's Avatar
 
Join Date: Jun 2014
Posts: 3,527
My DH and I have 5 adult kids between us and spend 100 on each person or couple. No grandkids yet. We make 65k/year. When they were kids at home we spent much more $ on them.
__________________

Teacher Terry is offline   Reply With Quote
Old 12-27-2016, 02:44 PM   #3
Thinks s/he gets paid by the post
Car-Guy's Avatar
 
Join Date: Aug 2013
Location: Citizen of Texas
Posts: 3,234
Total Christmas gifts cost this year totaled a little over $5000. About half+ of that was for gifts to local charities for needy kids in the area. So I don't know how that money was divided up for the kids.
Car-Guy is offline   Reply With Quote
Old 12-27-2016, 02:49 PM   #4
Moderator
Walt34's Avatar
 
Join Date: Dec 2007
Location: Eastern WV Panhandle
Posts: 19,480
DW did virtually all of the spending for grandnieces and grandnephews. We agreed to a higher spend this year because the nephew and niece treated her and me (and most of the rest of the family) to a surprise 60th birthday party last month for DW at a very nice restaurant. Of course they wouldn't let us pay anything.
__________________
I heard the call to do nothing. So I answered it.
Walt34 is offline   Reply With Quote
Old 12-27-2016, 02:53 PM   #5
Thinks s/he gets paid by the post
Big_Hitter's Avatar
 
Join Date: May 2013
Location: In the fairway
Posts: 4,928
please define "yearly budget"
__________________
Swing hard, look up
Big_Hitter is offline   Reply With Quote
Old 12-27-2016, 02:55 PM   #6
Moderator Emeritus
W2R's Avatar
 
Join Date: Jan 2007
Location: New Orleans
Posts: 42,088
Quote:
Originally Posted by Big_Hitter View Post
please define "yearly budget"
I don't have a budget, so I used my 2016 total spending on everything (including taxes, medical, the works).

My category was "0.5% to 0.75%", but if I had more than one kid I probably wouldn't spend so much on each one's Christmas present.
W2R is online now   Reply With Quote
Old 12-27-2016, 02:56 PM   #7
Thinks s/he gets paid by the post
Philliefan33's Avatar
 
Join Date: Oct 2014
Posts: 1,033
I can't see polls on the mobile app, but we spent about 1% of our yearly spending on Christmas gifts. Most of that was a nice check to each of our daughters. They can use it and we don't need it.
Philliefan33 is offline   Reply With Quote
Old 12-27-2016, 02:59 PM   #8
Thinks s/he gets paid by the post
Big_Hitter's Avatar
 
Join Date: May 2013
Location: In the fairway
Posts: 4,928
I blow a ton of $$$ around xmas. I'm counting the lib roasts, the cases of champagne, the dinners, golf equipment/apparel I don't need, everything..oh gifts too

oh, we don't have kids so I guess I'm a zero for the pole?

my dad bought us a box of steaks so we can put him in the cheap category (like 0.1%? 10 basis points? that's pretty cheap)
__________________
Swing hard, look up
Big_Hitter is offline   Reply With Quote
Old 12-27-2016, 03:04 PM   #9
Thinks s/he gets paid by the post
Philliefan33's Avatar
 
Join Date: Oct 2014
Posts: 1,033
Oops, I didn't read carefully. The 1% was for all of our Christmas spending. It was about 0.8% on the daughters only
Philliefan33 is offline   Reply With Quote
Old 12-27-2016, 03:05 PM   #10
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
youbet's Avatar
 
Join Date: Mar 2005
Location: Chicago
Posts: 10,697
We've reached the age where Christmas giving has become part of estate planning (gifting), so our percentage is on the high end of the survey scale.
__________________
"I wasn't born blue blood. I was born blue-collar." John Wort Hannam
youbet is offline   Reply With Quote
Old 12-27-2016, 03:05 PM   #11
Thinks s/he gets paid by the post
2017ish's Avatar
 
Join Date: Apr 2012
Posts: 1,851
Quote:
Originally Posted by Big_Hitter View Post
I blow a ton of $$$ around xmas. I'm counting the lib roasts, the cases of champagne, the dinners, golf equipment/apparel I don't need, everything..oh gifts too

...
Does that constitute political commentary?

Now that our three millennials are comfortably self-supporting (and no grandkids yet), no gifting for us.

I should change my avatar to the Grinch, or good ole Ebenezer.
__________________
OMY * 3 2ish Done 7.28.17
2017ish is offline   Reply With Quote
Old 12-27-2016, 03:07 PM   #12
Thinks s/he gets paid by the post
jollystomper's Avatar
 
Join Date: Apr 2012
Posts: 1,955
We spent just over 1% of our yearly expenses. This year we budgeted around $200 per child and $50 per niece/nephew (some of whom prefer we donate to one of their charities of choice, which we do instead). We don't by for our siblings, we all agreed 20+ years ago it isn't worth the stress (DW and I are both from large families).
__________________
FIREd date: June 26, 2018 - wwwwwwhat a rush!
jollystomper is offline   Reply With Quote
Old 12-27-2016, 03:07 PM   #13
Thinks s/he gets paid by the post
Big_Hitter's Avatar
 
Join Date: May 2013
Location: In the fairway
Posts: 4,928
Quote:
Originally Posted by 2017ish View Post
Does that constitute political commentary?

Now that our three millennials are comfortably self-supporting (and no grandkids yet), no gifting for us.

I should change my avatar to the Grinch, or good ole Ebenezer.
i say lib sometimes instead of rib. habit from my leisure suit larry days.
__________________
Swing hard, look up
Big_Hitter is offline   Reply With Quote
Old 12-27-2016, 03:25 PM   #14
Full time employment: Posting here.
VaCollector's Avatar
 
Join Date: May 2007
Posts: 544
As a parent who would like to "see them spend it while I'm alive" I chose the >2% slot but then that's TOTAL for my THREE children...whoops!

With the election results our 4th quarter results were in the OMG range and I tend to base what I give my children on that each year :O)
VaCollector is offline   Reply With Quote
Old 12-27-2016, 03:32 PM   #15
Moderator Emeritus
Bestwifeever's Avatar
 
Join Date: Sep 2007
Posts: 17,343
Numbers is hard (AND complicated, REW ). I guess my answer is more than DH wanted to give and less than I wanted to give. $ for adult kids, toys and clothes for little grands. Maybe between 1.5 and 2 for each adult kid including everything that their family received? It was a good year for all of us.
__________________
“Would you like an adventure now, or would you like to have your tea first?” J.M. Barrie, Peter Pan
Bestwifeever is offline   Reply With Quote
Old 12-27-2016, 03:46 PM   #16
Thinks s/he gets paid by the post
 
Join Date: Jan 2005
Posts: 2,720
We have 2 children, but we also give the same amount to our son-in-law and our son's fiance. We have 3 grandchildren, ranging in age from almost 7 mos, 2 yrs and 8 yrs. Our son's fiance has a 19 yr old. We buy for them, but don't spend the same amounts per child.
Dreamer is offline   Reply With Quote
Old 12-27-2016, 04:16 PM   #17
gone traveling
 
Join Date: Oct 2016
Posts: 255
Quote:
Originally Posted by Big_Hitter View Post
please define "yearly budget"
I guess I mean, how much you spend in a typical year for any non-investment expenditure. Food, clothing, housing, healthcare, travel, etc. etc.
Curmudgeon is offline   Reply With Quote
Old 12-27-2016, 04:30 PM   #18
Thinks s/he gets paid by the post
Big_Hitter's Avatar
 
Join Date: May 2013
Location: In the fairway
Posts: 4,928
Quote:
Originally Posted by Curmudgeon View Post
I guess I mean, how much you spend in a typical year for any non-investment expenditure. Food, clothing, housing, healthcare, travel, etc. etc.
good question
__________________
Swing hard, look up
Big_Hitter is offline   Reply With Quote
Old 12-27-2016, 04:39 PM   #19
Thinks s/he gets paid by the post
 
Join Date: Jan 2006
Posts: 3,320
I can't afford kids. I spent nothing for Christmas.
aaronc879 is offline   Reply With Quote
Old 12-27-2016, 09:26 PM   #20
Thinks s/he gets paid by the post
 
Join Date: Nov 2009
Posts: 4,926
Proudly zilch here. I was born Jewish but have been an atheist for the last 40 years. No spouse or kids, either (I do have a LF but we don't trade gifts). Haven't spent a dime on Xmas stuff since 1994, the last year I was in my office's grab bag. I opted out after that year.
__________________

__________________
Retired in late 2008 at age 45. Cashed in company stock, bought a lot of shares in a big bond fund and am living nicely off its dividends. IRA, SS, and a pension await me at age 60 and later. No kids, no debts.

"I want my money working for me instead of me working for my money!"
scrabbler1 is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Poll: When do you open Christmas presents? Midpack Other topics 22 12-29-2014 12:28 PM
How much will you spend this Christmas or Bah Humbug ! frayne FIRE and Money 51 12-06-2011 10:45 PM
Pretending to Like Christmas Presents TromboneAl Other topics 28 12-29-2007 06:50 AM
How much will you spend on Christmas gifts? Cb Other topics 13 12-09-2006 04:58 PM
Christmas presents Martha FIRE and Money 38 12-15-2004 01:24 AM

» Quick Links

 
All times are GMT -6. The time now is 11:58 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2019, vBulletin Solutions, Inc.