Budget-Friendly Gift Ideas for Your Children

A pile of presents wrapped in festive paper.

A recent survey found that parents and grandparents spend an average of $218 on holiday gifts for each child/grandchild. Some families have traditions of giving expensive gifts, but not everyone needs to break the bank during the holidays.

Here are some budget-friendly gift ideas for Your Children:

  1. Building blocks: Building blocks are a classic toy that can help children develop their fine motor skills, spatial reasoning, and creativity.
  2. Toy cars and trucks: Toy cars and trucks are another popular toy for young children. They can help children develop their imagination and problem-solving skills.
  3. Playdough: Playdough is a fun and educational toy that can help children develop their creativity and fine motor skills.
  4. Arts and crafts supplies: Arts and crafts supplies can help children develop their creativity and self-expression.
  5. Board games and card games: Board games and card games are a great way for children to have fun and learn new skills.
  6. Sports equipment: Sports equipment can help children stay active and healthy.
  7. Arts and crafts supplies: Arts and crafts supplies can help children develop their creativity and self-expression.
  8. Books: Books are a great gift for children of all ages. They can help children develop their imagination and love of reading.
  9. Educational toys: Educational toys can help children learn new skills and concepts in a fun and engaging way.
  10. Action figures or dolls are another popular gift for kids. They can be used to create scenes from their favorite movies and TV shows, or simply to play with on their own.

Tips for saving money on holiday gifts:

  1. Set a budget and stick to it. Decide how much you can afford to spend on holiday gifts and make a list of all the children you need to buy for.
  2. Shop early. You will find better deals and have more selection if you shop early in the holiday season.
  3. Consider making gifts yourself. Homemade gifts can be just as meaningful as store-bought gifts and they are often less expensive.
  4. Buy gifts that your kids or grandchildren will love. Don't just buy anything for the sake of buying something. Think about what they would like and get them gifts that they will enjoy.
  5. Consider buying gifts in bulk. If you have multiple kids/grandchildren, you can often save money by buying gifts in bulk.
  6. Look for sales and discounts. Many stores offer sales and discounts throughout the holiday season.
  7. Shop online. Online retailers often have lower prices than brick-and-mortar stores.
  8. Use coupons and promo codes. There are many websites that offer coupons and promo codes for online retailers.
  9. Wrap gifts yourself. This is a great way to save money and add a personal touch to your gifts.

Additional tips:

  1. Consider buying experiences instead of material gifts. Experiences can be more memorable and meaningful than material gifts. For example, you could take them to a local ice rink or children’s museum (many museums have discounted days of the week or month).
  2. Give gifts that can be shared. This is a great way to save money if you have multiple children or grandchildren. For example, you could buy them a board game, sports equipment, or a new video game.
  3. Give gifts that promote creativity and learning. These types of gifts can help kids develop their skills and interests. For example, you could buy them building blocks, art supplies, or books.
  4. Communicate with your kids/grandchildren. Find out what they are interested in and what they would like for the holidays. This will help you avoid buying gifts that they won't use or enjoy.
  5. Don't be afraid to ask for help from other family members. If you are on a tight budget, you could consider pooling your money with other relatives to buy gifts for your children.
  6. Remember that the best gifts are not always the most expensive ones. A thoughtful, handmade gift can be just as meaningful as a store-bought gift. The most important thing is to show your kids/grandchildren that you care and that you are thinking of them during the holidays.

Parents and Grandparents play an important role in the lives of their kids and they often want to show their love and appreciation by giving them gifts during the holidays. However, it is important to set a budget and stick to it. There are several ways to save money on holiday gifts without sacrificing quality or meaningfulness.

Disclaimer: The material presented here is for informational purposes only and does not represent specific financial advice to you or your circumstances personally.
Personify Financial has no control over the information on other websites linked from this site. We make no representations concerning and are not responsible for the quality, content, nature, or reliability of any linked site. These links are provided for your convenience only. Inclusion of a link does not imply endorsement by Personify Financial.