If your baby shower is going to empty your wallet, wait until your baby is a little older. As any parent can attest, a child’s birthday party tends to take over the social calendar, and he seems to have one every weekend.
And with no registry to speak of, how much to spend on a child’s birthday is a common dilemma. So what should a well-meaning parent do?
how much to spend on your child’s birthday present
For your own child, a $100 budget allows you to mix and match toys, books, and clothing.
When budgeting, don’t forget to factor in the cost of a birthday party. A recent study found that the average parent spends about $400 on their child’s birthday party. In all, if $500 (or more) costs him sound like a waste of your budget, consider gifting experiences instead of things and parties, suggests Porter.
how much to spend on birthday gifts for other children
When it comes to buying birthday gifts for other kids, experts agree that $25 is the best regardless of the relationship. From $20 he can’t go wrong with the $30 range, Porter says. “Choose ready-to-use, active gifts like STEM kits, board games, and fun sports games.”
Most etiquette experts agree that $20 to $30 is reasonable for a child’s birthday gift, but parents are often skeptical that they can spend up to $100 on the child of a close friend or relative. says Helen Holden, founder of Counting Candles, a website that helps plan birthdays. party. For these larger expenditures, Holden suggests “making a little more effort to really know what your child wants.”
What is a “five” party?
Some parents choose a “five” party for ease of gift giving. At Fiber, guests bring a $5 card.With Collective Pot, birthday celebraters can choose their own gifts, such as a Nintendo Switch or a trip to an amusement park, or buy larger purchases later. You can choose to save money for
While some parents resist the idea of gifting money, others say it’s a great way to keep your child’s birthday party relatively inexpensive for your guests. Give your festivities fun while teaching them the value of saving and planning their purchases carefully.
$20 to $30 is a safe place for a child’s birthday, but if you’re impressed by the gift rather than the price tag, decide how much you’re willing to spend on your budget, says Porter. “Gifts are a way of showing our care, and they come at no cost.”
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