Best Gift for Your Grandchild


I have been a grandmother now for fifteen years and have twelve grandchildren. I feel very fortunate to be able to get to know my grandchildren and enjoy their unique personalities. When it comes to giving gifts to them, I have found that they usually do not remember from one Christmas to the next what we gave to them, so I have been trying to think of a gift that will last in their memories and be meaningful. It is very tempting to buy them expensive gifts so they think you are the greatest grandma in the world. But, that only spoils them, and then they all expect it - because the word gets out really quick to brothers, sisters and even cousins. So what are we grandparents to do?


I think the best gift we can give our grandchildren is quality time. Keep in touch often and show them the attention they may not get from their busy parents.

Pay attention, listen to their funny little stories, and ask about their friends and experiences. Kids can say the funniest things, and you don't want to miss out.

I did not receive large monetary gifts from my grandparents, but I have something that, to me, is more valuable. I have their written histories and pictures. My grandmothers wrote journals and even wrote their favorite sayings, poems and songs. Through them I am familiar with their parents, brothers and sisters. I treasure these precious books and pictures, and I am trying to do the same for my grandchildren.

Another gift I think that is valuable is to teach them how to use money. By gifting them money for special occasions like birthdays and holidays, they will have the opportunity to learn how to use it.

You can encourage your grandchildren how to save it for future expenses they will have like college, a car, or their wedding. You could also advise them to spend it on something that they need, instead of wasting it on something trivial. You could also suggest they save it up so that they can purchase a more expensive gift that they really want. This teaches them about saving and managing their money.

I have one handsome little grandson who is in first grade that loves to play Monopoly. He loves to buy up as much of the real estate, houses, and hotels as possible, and he usually beats me because I am more conservative. He will probably be a rich dude one day.

It is fun to watch his little mind working trying to figure out how much he will be getting if I land on his space (and I usually do)! He is a really smart little kid!

There is one thing you should be aware of if you decide to give your grandchildren financial gifts.

There is a federal gift tax calculated using a standardized rate table. Financial gifts worth more than $10,000 fall under this tax. If you are married, you can increase the $10,000 annual federal gift tax exclusion by using the split-gift benefit rule. By combining your maximum tax-free giving amount, you could give up to $20,000 to each grandchild without having to pay a federal gift tax.

I am not too worried about this tax since my grandchildren would be very lucky to get that much out of me at one time.

My oldest grandson just turned twelve, and we decided to give him a monetary gift, which we plan to give each grandchild when they turn that age. He was kind of sad when he learned he could not use the money right away, but when he really needs it later on, it will be there for him along with other deposits we plan to make as he gets older.

Another important thing if you decide to give money for future use is to make sure everyone is on the same page. Talk to your children and your grandchildren and agree on goals, make sure every one understands the tax laws and consider any impact the money will have on financial aid eligibility.

One way to help both your grandchild and yourself would be to start a 529 plan. This is a state-sponsored savings plan which is designed specifically to help parents and grandparents finance education expenses. It can also give you a nice tax benefit. Money in these accounts grow tax deferred from federal income tax and often state tax.

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Comments 21 comments

elayne001 profile image

elayne001 6 years ago from Rocky Mountains Author

Thanks pmccray. I hope your sister enjoys it.


pmccray profile image

pmccray 6 years ago from Utah

I'm not blessed with grandchildren yet, but my sister now has two. This is wonderful advice that I will forward to her. Voted up, marked useful and shared.


elayne001 profile image

elayne001 6 years ago from Rocky Mountains Author

@onegoodwoman aka Mam - that is great. I also love playing with my grandchildren, especially board games, cards and computer games. I also let them take turns on my ipod touch so now the first thing they ask when I show up is if they can play on it.


onegoodwoman profile image

onegoodwoman 6 years ago from A small southern town

Oh yeah.......I play ( ball, ready set go, color, run, horsey ) whatever is on the mind of my Granddaughter ( approaching 2 years)........she makes me laugh, get silly, let go, releases my inner child......

she makes me think of an experienced Grandmother who told me......

" child of my child, is TWICE my child"

I had to become a "mam" to understand that!


Eiddwen profile image

Eiddwen 6 years ago from Wales

Thank you so much for sharing this brilliant hub!!

I have ten grandchildren so this is so handy and I loved it.I am giving it a useful and voting it hub. Also bookmarking it inot my most useful hubs. I have only just found you on here and I am looking forward to reading more of your work. Take care elayne.


elayne001 profile image

elayne001 6 years ago from Rocky Mountains Author

Thank you so much - I appreciate your comments Lilly. Peace!


LillyGrillzit profile image

LillyGrillzit 6 years ago from The River Valley, Arkansas

This is a very Sensible and "Cool Grandma Hub!" Thank you for sharing these ideas with us. The Best to you and Yourn!


elayne001 profile image

elayne001 6 years ago from Rocky Mountains Author

Thanks so much Denise. (Blushing...)


Denise Handlon profile image

Denise Handlon 6 years ago from North Carolina

Cool gift ideas, Grandma. You are a sharp woman!


elayne001 profile image

elayne001 6 years ago from Rocky Mountains Author

I keep trying to be a good grandmother. There is no instruction manual for grandparents. Thanks for commenting.


Hello, hello, profile image

Hello, hello, 6 years ago from London, UK

A very thoughtful and heartwrming hub. You are doing the right thing.


elayne001 profile image

elayne001 6 years ago from Rocky Mountains Author

Ah, thanks LianaK. You are too kind.


LianaK profile image

LianaK 6 years ago

Wonderful hub! You are a wonderful grandmother :)


elayne001 profile image

elayne001 6 years ago from Rocky Mountains Author

@Dave Mathews: Amen Brother! - I agree totally and appreciate your input.

@Sweetsusieg: Treasury bonds are good too! They won't really appreciate it until they are older, but at least in time they will. Thanks for you comments.


Sweetsusieg profile image

Sweetsusieg 6 years ago from Michigan

I've been racking my brain, trying to figure out what gifts to give my grand children. I may do what my mom did when my kids got a little older... Treasury bonds. My kids all have some from Grandma, and they are hoarding them like they were gold. So she did give them the gift of being able to save. They will not cash them in, it's as it should be.

Great Hub! Thanks


Dave Mathews profile image

Dave Mathews 6 years ago from NORTH YORK,ONTARIO,CANADA

To grandchildren, if we lavish them with love, and teach them life's lessons that we have experienced in order to guide them and help them to grow in a Godly way, the gifts they receive through this are priceless.

Brother Dave.


elayne001 profile image

elayne001 6 years ago from Rocky Mountains Author

Thank you Diane Inside for your comments. We can learn from our negative experiences too. And, then try to correct them with the next generation.

Thank you hublim. At first it was kind of a competition between me and the other grandmothers, but it does get old and ridiculous, so I stopped. I feel much better now.

@Mentalist acer - I appreciate that, coming from you.

@sagebrush_mama - Thank you so much. That is great that you have those memories of your grandmother. You can always cherish them.


sagebrush_mama profile image

sagebrush_mama 6 years ago from The Shadow of Death Valley...Snow Covered Mountain Views Abound!

Beautiful hub, rating it up! I miss my paternal grandmother terribly, and the time she spent visiting...visits were not merely a whirlwind of activity, but a time for heart to heart chats, doing girl stuff together, and loving common interests.


Mentalist acer profile image

Mentalist acer 6 years ago from A Voice in your Mind!

Very thoughtful ideas for a reltionship between grandparents and grandchildren,elayne;)


hublim profile image

hublim 6 years ago from Scotland

My grandparents have passed for many years and my memories of them around Christmas were the time I spent with them, not the gifts I received.

I believe people get caught up with material possessions far too much when the experiences in life are much more fulfilling. My wife is expecting our first child in early November and I’m worried that our baby will be spoiled by grandparents competing to see who the best is by spending the most.


Diane Inside profile image

Diane Inside 6 years ago

Nice hub, I wish someone had stressed to me the benefits of saving money at an early age. When I think of all the money I wasted away as a kid, it makes me queasy.lol

oh well hind sight is 20/20, it's great that you are passing your wisdom onto your grandkids. Thanks for the great hub.

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