Grandparents: What are the reasons you spend money on your grandchildren?
(March 2012)
Spending money on grandchildren: reasons of American grandparents in 2012
This statistic shows the results of a survey among American grandparents in 2011 on the reasons to spend money on their grandchildren. 95 percent of the respondents stated they spend money for birthday gifts for their grandchildren, whereas 23 percent said they spend money in order to help their grandchildren with medical or dental expenses.
Grandparents: What are the reasons you spend money on your grandchildren?
(March 2012)
Share of respondents
Holiday gifts (i.e., Christmas, Hanukah, Kwanzaa)95%
Birthday gifts95%
Because I enjoy buying things for grandchildren89%
To entertain or have fun with grandchildren82%
To help with educational expenses53%
To help with everyday living expenses37%
Because grandchildren ask for things28%
To help with medical or dental expenses23%
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Source

Release date

March 2012

Region

United States

Survey time period

February 2011

Number of respondents

1,832 respondents

Age group

50 years and older

Special properties

Grandparents only

Method of interview

Telephone interview

Supplementary notes

Multiple answers were possible.

The source poses the question as follows. "Now I'm going to read you some reasons why some people might spend money on their grandchildren. Please tell me if this is a reason why you spend money on your grandchildren."

Spending money on grandchildren: reasons of American grandparents in 2012
This statistic shows the results of a survey among American grandparents in 2011 on the reasons to spend money on their grandchildren. 95 percent of the respondents stated they spend money for birthday gifts for their grandchildren, whereas 23 percent said they spend money in order to help their grandchildren with medical or dental expenses.
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