500 each on 4 children and 300 on the 2 youngest so 2600 in total am i spoiling them.
they are getting things like ps4 , gaming pc , xbox , ds3d ect ect and other bits.
my daughters friend is only getting 100.
Am i going over the top i always spend around this amount and about 200 on myself and 200 on husband and family get about 50 each
how much is everyone else spending
Personally, if I had £2600 spare each year I'd not spend it on Christmas, I'd put a lot of it into savings for them when they're older, as I don't think a child who has £100 spent on their presents has less joy at Christmas than one who has 5x that spent on them, and I know there are things that will in the future make my LO more happy to have like a car or the start of a house deposit or uni fees paid. But everyone has different priorities (DH and I are both savers not spenders!) and I guess you've probably got a savings pot for each child already covering uni fees etc if you are such high earners, so perhaps not relevant.
To answer your other question, we spend about £50 on LO. Gone over this year to about £60-something as spotted something else he'd love at a great price, but I wouldn't ever spend more than maybe £100 on a LO his age (3). As he gets older that may go up but not to more than £200-£250 I reckon. We try very hard to make presents a fairly small part of the Christmas season and my sister and I never had more than about £50 each for Christmas and my Christmas memories are all very happy. All our spare money is going into savings atm for a house deposit as we're jumping up the ladder in the next year, and he wouldn't get any more joy out of twice as many presents than he'll get out of the ones he's been bought. The other thing is, I have no idea where we'd put many more toys!