Post # 1
My SIL’s son’s birthday is coming up, and DH just called me to remind me we need to order a gift. She has 2 kids, and those are our only niece & nephew. He said we should order him a $30 toy, and then also put $40 in his college fund…I was like, are you nuts? I don’t think we need to give a $70 gift for a 2 year old. We are fine financially but not super wealthy or anything, and to me that seems like an extravagent gift for such a little kid. I thought more like $30-$40 maximum seemed appripriate. Wondering if I’m being cheap, and what other people do?
Post # 3
I think $30 is fine! I don’t have nieces/nephews but my Fiance has two half sisters I’ve known since they were ages 5/7 and $30-$50 is what we gift them on Birthday or Christmas.
Post # 4
I don’t think $70 is too much, particularly if most of it is going in his college fund. However what is appropriate to spend is relative and there is no “right” amount to spend.
Post # 5
I don’t set a dollar amount – I get the gift I want to get and some years are bigger than others. For a 2 year old I wouldn’t spend much at all
. They don’t really know or care yet! If anything I’d be more apt to get a $5 toy and make a deposit to their college fund at that age. That said….my three year old niece is about to get a red corvette from me and her other auntie for her upcoming birthday. It’s expensive. But it’s awesome. And she’ll love it. And I likely won’t get her another gift that expensive until she’s much older.
Post # 6
I don’t have any technically, but I spend on my besties kids as if they were. Price varies based on what I want to get them and ages. Usually it’s a book I know they’ll enjoy, nothing too out there. I’d probably spend up to 30, but not higher unless I was getting a ‘need’. Just because they are related doesn’t mean they need to be smothered by too many toys, clothes, etc. one or two items should be sufficient IMO
Post # 7
We’ve always done $50 for every child…sometimes I throw in a little more if I can.
Post # 8
$50 or under. We don’t necessarily gift the same value to both kids, since they are too young to understand value vs amount. Their birthdays are within days of each other so we get them the same amount of presents (1-2). We gift our friends kids $30 or less.
Post # 9
I totally agree on putting more into the college fund, less into the gift especially since my SIL’s house is already overflowing with kids toys. The only potential issue I see is that side of DH’s family is very gift-oriented. They love things, which I just see as junk or clutter. I think his sister has expectations about how much her kids should get from us, so even if we put $50 in the college fund and gave like a $5 toy that he would probably be thrilled with my SIL would be upset.
But the college fund was also major family drama for them because my other SIL went behind her back to set it up. She was adament she didn’t want a college fund for her kids because she would take the money and set it aside for them…but no one really trusted her to not spend it on junk.
Post # 10
I do what I am able to do for them. Sometimes that’s a dollar store toy and a Happy Meal or sometimes its $50 gift card.
Post # 11
I’m gonna look cheap compared to pp’s here but $25.
Post # 12
I don’t have a set amount I spend. But I really don’t think 70 is a lot or “too much”. Especially if you’ve only got two neices/nephews.
Post # 13
Typically I spend between $25-50 but it’s not about the cost. If I find what I think they would like on sale, I’m not going to add more things to my list just because I didn’t spend an x amount.
Post # 14
I wouldn’t worry about what the mother thinks of you – think of what the kid would want. I agree that a million toys is just clutter and junk.
And I would personally be pissed too if someone set up an account for my kid! It can impact their financial aid eligibility down the road (parental 529s are parent assets, but anyone else setting it up counts as the child’s money which is more heavily weighted). Plus then THAT person is telling other people “oh it’s for Sally’s college” when really they can spend it however they please too. Either trust me to do it or don’t give my kid cash.
Post # 15
- Wedding: February 2020 - Windermere, Cumbria
Usually €30-50 but sometimes more if we can afford it.