"Parents Prefer Kids to Receive Mother's Day and Father's Day Gift Money: Report"

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Source: Fox Business
"Parents Prefer Kids to Receive Mother's Day and Father's Day Gift Money: Report"
Photo: Fox Business
TL;DR Summary

A new survey by Empower Annuity Insurance Company of America found that 80% of American parents would rather have gift money for Mother's Day or Father's Day go towards their children's savings. Additionally, 96% of parents said they would prefer quality time with their family over a holiday gift. The survey also found that American parents generally believe spending a little over $100 is adequate for holiday gifts.

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