Looool - all the PP's who only spend 10p on their kids - ok then. This is MN where people think nothing of having multiple children, one parent working families, living in expensive areas, private education, cars that cost well in excess of £20k, half a mil mortgages, nannies, £80 pairs of trousers from Hush to lounge about the house in, but apparently you only spend pennies on your kids at Christmas?
I spend a lot more than the OP. I only have one child and a medical condition means I can't have any more. DD doesn't have a sibling to keep her entertained when I'm doing the housework etc so she has things that's she can play with or read or for us all to do together in our free time (board games, consoles etc).
We earn a very decent wage, in a house that's not huge at all but perfectly adequate for the three of us in a cheap area of the county, non fancy cars, cheap clothing etc. and no debt. My money is spent on doing loads of fun stuff with DD at the weekend, her music lessons, decent clothes and shoes for her and other family activities. I can't think of how I'd rather spend my money than on my child and our family. I've cut my cloth accordingly and she is my absolute priority.
That said, I don't really benchmark what I spend against anyone else although I can see that with two you'd want to make sure you were being fair and equal. I'll just buy what I want to, have them waiting under the tree on Christmas morning and not feel the need to take pictures of piles of presents and post them on social media.