Kids & Money: Water Toys

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How Much to Spend on Gifts?

Hi, Moms. Just wondering how much each of you spend on birthday gifts for preschoolers and elementary aged children. I have a 3 year old and he is starting to receive birthday invites from friends at school and in the neighborhood. Just don't want to break the bank, but don't want to be stingy either. Any advise would be great. Thanks.