At what age do you stop buying so much for 'children'?
My niece is late teens. She's my only niece and for context I don't have or plan to have children of my own.
I always spent time putting together nice gifts for her when she was a child then she hit early teens and always asked for money so it was always £50 in a card for Christmas and birthdays. I don't really like giving money as a gift because I like to feel I've got a person an actual thing or experience.
As she has got older she has asked for things again which I prefer, but the handbag costs £60, the next year the trainers cost £75, the most recent item is now £90.
I don't mind spending the money on her at all because, as above, she's my only niece and I love her to pieces. It's not that I can't afford it either, but I also realise this can't go on forever as she grows up being the only adult with that much money being spent on her.
Do you just suddenly cut the spending when they're 18? Or 21?
Mine got cut down a fair bit when my niece was born as she was then the baby of the family then again when I went to uni.
What do you all do/think is reasonable?