A.M. asks from Austin, TX on January 21, 2010
Seeking Ideas for a Recurring Gift
My plan is to give a recurring gift to my brother's kids every year for their birthdays.
For my niece, I got her a silver charm bracelet for her first birthday, and every year as part of her birthday gift, I give her another charm. Now she has a little brother, and a charm bracelet obviously isn't going to work.
My first thought was a sports cards notebook, and then every year I would give him a set of rookie cards for baseball, football, and basketball. But someone told me they thought sports cards were being phased out. I don't want to start something I can't do for eighteen years. Have any of you heard the same?
Then I thought: an upscale train set. A train track, with one engine, and a new car every year. But apparently, my niece is VERY into trains, and just got a nice electric set for Christmas. It feels strange, to me, to give Nephew something that will be his gradually growing special thing, when Niece already has a complete set.
This isn't really meant to be a plaything, as much as a keepsake.
So, anyone have any ideas?
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S.R. answers from Austin on January 22, 2010
My husband always gave his nieces and nephews money into a mutual fund he set up for them. They didn't get the money directly, he had it automatically deposited into the account. Later on, they'll apprieciate the amount of money in there rather than toys over the years that they won't have anymore when they're 18. Example, over the last 8 yrs. one of the kids has $7000 already in there. It continues to grow and the parents have the option of contributing more if they'd like. Any questions e-mail me ____@____.com
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R. answers from San Antonio on January 21, 2010
You could do a rock and mineral collection or a coin collection. Both can be really fun, but my little boy (now 5) loves rocks and there are such a range of values. This is also something he can add to himself as he gets older.
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R.R. answers from Los Angeles on January 21, 2010
What if you got him started on a set of die cast "model" trains that he can put on a shelf, or airplanes. There are probably some smaller sets. That would also look cool in an older kid's room displayed nicely. Something that is not so much a toy but a collectible. Another idea is to get him a neat bank and get him a collectible coin to put in it each year. The US Silver Eagle coin is worth about $20-$24 dollars right now (silver value) and you could give him a new coin minted each year of his life, the value would grow over time as the price of silver increases. He might enjoy seeing his savings grow as the market fluctuates when he gets a little older.
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S.R. answers from Austin on January 22, 2010
My husband always gave his nieces and nephews money into a mutual fund he set up for them. They didn't get the money directly, he had it automatically deposited into the account. Later on, they'll apprieciate the amount of money in there rather than toys over the years that they won't have anymore when they're 18. Example, over the last 8 yrs. one of the kids has $7000 already in there. It continues to grow and the parents have the option of contributing more if they'd like. Any questions e-mail me ____@____.com
1 mom found this helpful
T.H. answers from Columbus on January 21, 2010
I know this seems a little silly but friends of my brother & sister-in-law started a small "Ugly Doll" collection for my neice. Also, what about die cast cars or airplanes? I just bought baseball cards for Christmas for a relative. I had not heard of them being phased out. I hope not. Good Luck!
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D.P. answers from Pittsburgh on January 21, 2010
Baseball/football cards are really popular with my 6 yo, I hope they are not getting phased out. What about coins? Each year you can get a collectors set of that year's penny, nickel, dime, quarter, half dollar, etc. Very nice to hold onto!
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C.J. answers from Harrisburg on January 21, 2010
What about the HESS Cars? Every year they are different(from the gas stations).
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K.Z. answers from Houston on January 22, 2010
How about coin(s) collection?
K.M. answers from Odessa on January 22, 2010
Hi there
My father in law gives our son collector coins. He isn't loving then now because he is just 5. But he also sends a toy. Usually an educational toy. I think he will appreciate the coins more as he gets older, and he will have a cool collection.
Good luck
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