The cost of being a grandparent is skyrocketing as one in 10 admits to spending $10K annually on grandkids: study
Briefly

"The yearly contribution covers the cost of gifts, clothing, shoes, entertainment, dining out, vacations, college funds, extracurricular activities, and supporting large purchases."
"Despite overextending themselves, grandparents find the contribution to be worth it, with 63% saying their grandchildren's happiness is worth any financial sacrifice."
Read at New York Post
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