Kids Xmas Budgets
Posted by: cunningplan on 08 December 2004
As a parent I was wondering what other parents on this site were spending on their kids at Christmas.
Before you all scream "mind your own damn buisness" it's just to see, if perhaps we're spending too much on our only child, it does tend to creep up year after and year. (this year approx £250)
I know it depends on peoples incomes and values as to what is an acceptable ammount. We both feel that kids are bombarded with advertising for all sorts of things, and so are parents when it comes down to it, but we're supposed to know better.
Have any of you guys got limits on your child/ children's budget allowance for presents
Regards
Clive
Before you all scream "mind your own damn buisness" it's just to see, if perhaps we're spending too much on our only child, it does tend to creep up year after and year. (this year approx £250)
I know it depends on peoples incomes and values as to what is an acceptable ammount. We both feel that kids are bombarded with advertising for all sorts of things, and so are parents when it comes down to it, but we're supposed to know better.
Have any of you guys got limits on your child/ children's budget allowance for presents
Regards
Clive
Posted on: 08 December 2004 by Rockingdoc
We have two girls, now 19 and 15. Looking back the budget seems to have stayed a constant hundred quid each in total. So, I guess they're losing out to inflation.
Posted on: 08 December 2004 by seagull
You don't have a wife who suffers from the "I was in xxxxxxx and I saw this and just HAD to buy it!" syndrome then?
Despite Mrs S being an accountant she never keeps to budget when spending money on the kids. I'm sure that she thinks that double entry book keeping means that you can spend the same money twice!
Despite Mrs S being an accountant she never keeps to budget when spending money on the kids. I'm sure that she thinks that double entry book keeping means that you can spend the same money twice!
Posted on: 08 December 2004 by long-time-dead
We've budgeted £150 each for their choice and we intend to spend around £100 each on "surprises".
Posted on: 08 December 2004 by Jay
quote:
Originally posted by long-time-dead:
We've budgeted £150 each for their choice...
LTD..that reminds me of the Little Britain sketch....."Now are you sure you want that?"
Posted on: 08 December 2004 by Rasher
Just to rub salt in, I asked my little girl (6) today what she wanted for Christmas on my walking her to school this morning. I want to get her a computer for her room or something really great. She is such a good girl, always helps me around the house, always kind and generous, shares her toys, polite, and deserves to be spoilt at Christmas. She says she wants the Pop Party 2 CD. I asked her what else she wants, and she said she doesn't want anything else, just the CD.
I'll probably get her a micro stereo system for her room as well to go with it. I certainly don't want to hear it!
I'll probably get her a micro stereo system for her room as well to go with it. I certainly don't want to hear it!
Posted on: 08 December 2004 by bhazen
After my spawn get in from a 12-hour day of tilling the barren fields of my estate, they get a lump of coal each, which they have the option of eating or using for heat. If the yield from the thorn fields has been good, a luke-warm cup of tea. Each!
I don't have children (sob).
I don't have children (sob).
Posted on: 08 December 2004 by cunningplan
seagull said
Oh yes I do don't we all!!
Clive
quote:
You don't have a wife who suffers from the "I was in xxxxxxx and I saw this and just HAD to buy it!" syndrome then?
Oh yes I do don't we all!!
Clive
Posted on: 08 December 2004 by cunningplan
long-time-dead said
That's a bit extravagant for a Scotsman, you're not living up to your stereotypical image
Clive
quote:
We've budgeted £150 each for their choice and we intend to spend around £100 each on "surprises".
That's a bit extravagant for a Scotsman, you're not living up to your stereotypical image
Clive
Posted on: 08 December 2004 by long-time-dead
Clive - you've obviously not met my children !
Posted on: 08 December 2004 by Jay
quote:
Originally posted by long-time-dead:
Clive - you've obviously not met my children !
I don't know how to break this to you LTD, but if you're children aren't Scottish......
Posted on: 08 December 2004 by Rasher
You are going to have to excuse me for this corny shite, but it's late and I have just got in from a particularly good gig.
The amount you spend on your kids is a guilty reflection on the time you spend with them. I never go out in the evenings before my kids are tucked up in bed, and weekends are spent during their waking hours with them totally. The amount I spend on them is irrevalent as at their age, they don't understand the monetary value. It is far more important to both them and me that I give them my time always and I play with them whenever I have the opportunity. That is for my sake rather than for theirs, but that is probably due to my background rather than anything else - (which is an insight that I am grateful for).
My little boy would probably have a Scalextrix set, my little girl a CD. The monetary value is in our heads, not in theirs. They only want what they want - they don't understand beyond that. They can have whatever they want at anytime. Christmas isn't a competition! I love my little guys more than I can express. More than any shit you can buy in Comet or Toys'A'rse. Fixing a price is missing the point.
The amount you spend on your kids is a guilty reflection on the time you spend with them. I never go out in the evenings before my kids are tucked up in bed, and weekends are spent during their waking hours with them totally. The amount I spend on them is irrevalent as at their age, they don't understand the monetary value. It is far more important to both them and me that I give them my time always and I play with them whenever I have the opportunity. That is for my sake rather than for theirs, but that is probably due to my background rather than anything else - (which is an insight that I am grateful for).
My little boy would probably have a Scalextrix set, my little girl a CD. The monetary value is in our heads, not in theirs. They only want what they want - they don't understand beyond that. They can have whatever they want at anytime. Christmas isn't a competition! I love my little guys more than I can express. More than any shit you can buy in Comet or Toys'A'rse. Fixing a price is missing the point.
Posted on: 09 December 2004 by reductionist
quote:
Originally posted by Rasher:
Just to rub salt in, I asked my little girl (6) today what she wanted for Christmas on my walking her to school this morning. I want to get her a computer for her room or something really great. She is such a good girl, always helps me around the house, always kind and generous, shares her toys, polite, and deserves to be spoilt at Christmas. She says she wants the Pop Party 2 CD. I asked her what else she wants, and she said she doesn't want anything else, just the CD.
I'll probably get her a micro stereo system for her room as well to go with it. I certainly don't want to hear it!
If she is that good she should get a Naim system
About £100 for my little one.
>Will add something funny when I think of it.<
Posted on: 09 December 2004 by Rasher
Come to think of it, I do have a Rega Planet, 42.5, 110 & Mission speakers in the top room not being used!
Somehow, I don't think so though
Somehow, I don't think so though
Posted on: 09 December 2004 by Fisbey
Good call Rasher.
Posted on: 09 December 2004 by long-time-dead
Jay
They are Scottish through and through - just children
My eldest thought a Linn Classik and Katans would be "cool" for her bedroom.........
They are Scottish through and through - just children
My eldest thought a Linn Classik and Katans would be "cool" for her bedroom.........
Posted on: 09 December 2004 by long-time-dead
Rasher
I agree totally but you gotta draw a line financialy somewhere. The love of your children is free and constant but times like Christmas and birthdays require purchases to be made. Maybe a sad reflection on modern Western life, but true nevertheless.
Setting a financial cap is good and as your children get older, and receive allowances of their own to manage, they will begin to appreciate finances a little clearer - that understanding will serve them well as they get older.
Enjoy your children as often as you can - the memories are priceless.
I agree totally but you gotta draw a line financialy somewhere. The love of your children is free and constant but times like Christmas and birthdays require purchases to be made. Maybe a sad reflection on modern Western life, but true nevertheless.
Setting a financial cap is good and as your children get older, and receive allowances of their own to manage, they will begin to appreciate finances a little clearer - that understanding will serve them well as they get older.
Enjoy your children as often as you can - the memories are priceless.
Posted on: 09 December 2004 by Rasher
LTD - "I agree totally but you gotta draw a line financialy somewhere"
Upper line or lower line?
I agree & I didn't make myself clear. My wife says that we need to spend the same amount on the kids so it is fair, but that is crap - my little guy is 2 and doesn't understand the meaning of money, and my little girl doesn't care anyway. I find it is the adults that feel the need to spend loads and not necessarily the demands of the kids (OK, mine are young and the teenage demands haven't started yet). I don't think it is important to spend loads, and I'm sure many go overboard each year to compensate for not being there for their kids when they could. It's a guilt trip. That's all it is! I know what my kids would like because I know them & play with them - I'm not guessing and overcompensating. The age my kids are, they actually don't want much. What they do want isn't expensive, and I'm not ashamed because I'm not going to be drawn into some competition with other parents being flash. I refuse to work weekends and if I have tons of work to do, I may go back to the office after they are in bed and work to the small hours; but never in their time. There is nothing I have to prove to my kids by the cost of the presents I give them, and I know that not to be true of some people that I know. Next door have an au-pair and didn't even know what food their kids didn't like! Makes you wonder why they had them. I expect they will be spending hundreds to ease their guilt.
Upper line or lower line?
I agree & I didn't make myself clear. My wife says that we need to spend the same amount on the kids so it is fair, but that is crap - my little guy is 2 and doesn't understand the meaning of money, and my little girl doesn't care anyway. I find it is the adults that feel the need to spend loads and not necessarily the demands of the kids (OK, mine are young and the teenage demands haven't started yet). I don't think it is important to spend loads, and I'm sure many go overboard each year to compensate for not being there for their kids when they could. It's a guilt trip. That's all it is! I know what my kids would like because I know them & play with them - I'm not guessing and overcompensating. The age my kids are, they actually don't want much. What they do want isn't expensive, and I'm not ashamed because I'm not going to be drawn into some competition with other parents being flash. I refuse to work weekends and if I have tons of work to do, I may go back to the office after they are in bed and work to the small hours; but never in their time. There is nothing I have to prove to my kids by the cost of the presents I give them, and I know that not to be true of some people that I know. Next door have an au-pair and didn't even know what food their kids didn't like! Makes you wonder why they had them. I expect they will be spending hundreds to ease their guilt.
Posted on: 09 December 2004 by cunningplan
Rasher
I think your spot on with your assessment on some parents with their attitude towards their kids at Xmas we have friends who do just that.
They spend obscene ammounts on their kids, for no other reason other than the fact they hardly see them, this is something they've admitted to us.
Our 10 year old has now got to the stage where she has began to realise that things do cost money, although not quite enough to realise she can't have everything she wants.
We will draw the line I think at how much she'll get next year. Me and Mrs CP have decided that £250 is about right, after all MY demands have increased as well!!! I think a nice XPS2 to go with my CDX2 wouldn't go a miss
Regards
Clive
I think your spot on with your assessment on some parents with their attitude towards their kids at Xmas we have friends who do just that.
They spend obscene ammounts on their kids, for no other reason other than the fact they hardly see them, this is something they've admitted to us.
Our 10 year old has now got to the stage where she has began to realise that things do cost money, although not quite enough to realise she can't have everything she wants.
We will draw the line I think at how much she'll get next year. Me and Mrs CP have decided that £250 is about right, after all MY demands have increased as well!!! I think a nice XPS2 to go with my CDX2 wouldn't go a miss
Regards
Clive
Posted on: 10 December 2004 by Brian OReilly
My view is slightly different, in that I'm not worried so much about the amount spent, rather the quantity of stuff that my son (4yrs old, very bright for his age, Bruce ) receives.
He receives presents from other kids, from both sets of grandparents, uncles/aunts, godparents and us. I've had to reduce this where possible, but without offending relatives. I think that when a kid receives too many presents, they lose the thrill of getting that one thing that they dreamed of for the whole year - that bike or whatever.
This year my kid gets a scalectric type thing and some Noah's Ark toy which he really wants, from us. Cost ? GBP100-150
He told his mum yesterday that he'd still be happy with whatever Santa Claus brings.
Brian OReilly
He receives presents from other kids, from both sets of grandparents, uncles/aunts, godparents and us. I've had to reduce this where possible, but without offending relatives. I think that when a kid receives too many presents, they lose the thrill of getting that one thing that they dreamed of for the whole year - that bike or whatever.
This year my kid gets a scalectric type thing and some Noah's Ark toy which he really wants, from us. Cost ? GBP100-150
He told his mum yesterday that he'd still be happy with whatever Santa Claus brings.
Brian OReilly
Posted on: 10 December 2004 by Rasher
You guys are right.
I asked my wife for a new CD player and told her I wanted a CDX2. She said OK, but didn't understand , so I'm not getting that then .
She also reminded me that last year we bought my daughter a dolls house with furniture, which was probably £200 all in, and it took me 3 weeks of evenings to build, wallpaper & carpet. I had forgotten that, so I'm talking bollocks as usual.
We also had the same Christmas morning as Brian, when the pile of presents was taller than her, and most of it never came out of their boxes. It would be impossible to play with all that; and storage? Forget it!! We took half of it to the childrens hospital.
I think maybe you have hit the nail Brian - it is the quantity that is wrong, not the monetary value. If they get something big and it's appreciated, then why not? Yeah, I think that is it.
Thanks guys for getting me straight on this.
I asked my wife for a new CD player and told her I wanted a CDX2. She said OK, but didn't understand , so I'm not getting that then .
She also reminded me that last year we bought my daughter a dolls house with furniture, which was probably £200 all in, and it took me 3 weeks of evenings to build, wallpaper & carpet. I had forgotten that, so I'm talking bollocks as usual.
We also had the same Christmas morning as Brian, when the pile of presents was taller than her, and most of it never came out of their boxes. It would be impossible to play with all that; and storage? Forget it!! We took half of it to the childrens hospital.
I think maybe you have hit the nail Brian - it is the quantity that is wrong, not the monetary value. If they get something big and it's appreciated, then why not? Yeah, I think that is it.
Thanks guys for getting me straight on this.
Posted on: 10 December 2004 by stevie d
Hi
From the pov of somebody not long out of childhood (I am 25 ) and has 2 smaller brothers I can remember Christmas (or the festive season if you want a bit of pc)pretty well.
We all used to receive gifts which were pretty much what we'd asked for. I knew my parents were not exactly flush and at the end of the day we were all happy. At no point did I start to calculate costs and sulk if little bruv 1 got £50 value more than me and as far as I know, being smaller they did not calculate either.
I know most of the children within this post are small and probably don't have a real understanding of money yet but from a former childs point of view I was happy with what I received ALL of the time.
I did not always get a huge pile of toys and every once in a while when I got a biggy (Bike/ TV... whatever ) it was from Mum and Dad and Grandparents etc. I certainly appreciated it more as it was from everybody.
Steve
From the pov of somebody not long out of childhood (I am 25 ) and has 2 smaller brothers I can remember Christmas (or the festive season if you want a bit of pc)pretty well.
We all used to receive gifts which were pretty much what we'd asked for. I knew my parents were not exactly flush and at the end of the day we were all happy. At no point did I start to calculate costs and sulk if little bruv 1 got £50 value more than me and as far as I know, being smaller they did not calculate either.
I know most of the children within this post are small and probably don't have a real understanding of money yet but from a former childs point of view I was happy with what I received ALL of the time.
I did not always get a huge pile of toys and every once in a while when I got a biggy (Bike/ TV... whatever ) it was from Mum and Dad and Grandparents etc. I certainly appreciated it more as it was from everybody.
Steve
Posted on: 10 December 2004 by Fisbey
Someone once said that they got their son a big toy for Christmas and the boy was more interested in the box the toy came in......
Posted on: 10 December 2004 by long-time-dead
One thing to be rememebered is that Christmas presents are Santa's responsibility to a certain point and then we get to "negotiate".
That is why (with kids at 14 and 10) we operate a budget and also split it accordingly.
I also cringe to see the levels some parents will go to at Christmas.
FWIW - one of my favourite "letters to Santa" from my youngest told him not to bother visiting as she had enough and he could give her presents to another kid. I cried when I read it.
That is why (with kids at 14 and 10) we operate a budget and also split it accordingly.
I also cringe to see the levels some parents will go to at Christmas.
FWIW - one of my favourite "letters to Santa" from my youngest told him not to bother visiting as she had enough and he could give her presents to another kid. I cried when I read it.
Posted on: 10 December 2004 by long-time-dead
PS: She tagged a PS at the bottom in tiny writing for a new doll, a DVD and some CDs.
Subtle or what !
Subtle or what !
Posted on: 10 December 2004 by Hawk
my little one said what ever santa brings will be just fine.. but then said we will have to stay up and open the door for him because we dont have a chimney!!
Shes four and i think ive spent about £100, but im tempted to spend more.. It looks like mummy might have to spend xmas in hospital so its hard to resist trying to compensate, if you know what i mean....
Shes four and i think ive spent about £100, but im tempted to spend more.. It looks like mummy might have to spend xmas in hospital so its hard to resist trying to compensate, if you know what i mean....