Christmas

Majority of grandparents to give cash as Christmas present to grandkids

Majority of grandparents to give cash as Christmas present to grandkids

More than half of grandparents will end up giving their grandkids cash presents this Christmas.

A new survey by Saga Savings found that nearly three quarters say it's because they didn't know what to give as a gift.

Four out of five say they would give more than €30, while around three in 10 say they would give €75 or more.

Irish consumers overall are expected to spend over €4.9bn over the Christmas season.

Advertisement

Households will fork out around €2,800 in shops this December, around €940 more than any other month of the year.

Advertisement