How much does everyone typically spend on their children for Christmas. I have a 3 year old and a ten year old and I try and spend the same amount of money on each. Wondering if I should go bigger on the oldest. So far I spent about $350 in small toys. I will probably buy them each a $300-$400 "big" gift also. And then $15-$20 for all nieces nephews and anyone else on my list.