We’re all guilty of over-indulging our children – there’s nothing better than seeing a massive grin on their faces as they rip off that wrapping paper and spot the toy they’ve been hounding you for.
But judging by these figures, it might be worth keeping an eye on how much you’re spending.
Figures have revealed that UK mums will spend a whopping £2 billion this Christmas, racking up around £275 on presents for each of their children. So if you've got as many kids as Katie Price (but not her income) then January will be a tough month.
It may seem a lot, but when you look at the gifts that children are hoping for it’s easy to see how it all adds up.
From Smart TV’s to personalised football kits, children are hoping for some seriously high-ticket items this year. Whatever happened to simple Lego sets and yo-yos, we wonder?
Other items on the wish lists of children include cameras, DVD players, designer clothes, Nintendo games console, quad bikes, laptop, bicycle and iPhone.
Why this big-budget spending from mums?
Around 70 per cent of those polled admitted they feel pressure to spend lots. And 28 per cent said that they had gone over their budget.
But there are some heart-warming stats from the survey, too.
The study of 2,000 mums, to mark the launch of World Bicycle Relief UK’s ‘Gift of Giving’ campaign, also found that 26 per cent of mums revealed their child would be happy to help children less fortunate than themselves if they knew more about others’ needs.
“Children are kind and generous at heart and naturally care about other children less fortunate than themselves,” says parenting expert Judy Reith.
”This is seen by the huge interest they have in fund-raising for children's charities.
“Christmas is a great time to celebrate, spend time with family and friends and exchange presents. The festive season is also a lovely opportunity for parents to encourage their child to be kind and make room in their Christmas wish lists for helping children around the world whose lives can be radically changed by their generosity.”
[Mum Sells Her Breast Milk To Pay For Children’s Christmas Presents]
[How To Create A Great Christmas For Under £100]
How much do you think you’ll spend on Christmas this year?