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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.

What do you think? Let your voice be heard by commenting below! 

Victoria O'Marra November 25, 2012 at 08:45 PM
I think it does depend on the age of the child and the type of gift. For a kid who is just old enough to get their first bicycle, while exciting, it should not be the only present they receive despite the expense for the single item. I think a good rule of thumb is to pick the one "big" gift for the year, and then set a budget of a $100 after that item. So the kid gets the bike, and then parents have $100 to spend on other gifts (a helmet would be great!)

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