As you get older, and options for earnings get fewer, you have to work to a tight budget. I have 5 children, 3 sons in law, 12 grandchildren and a great grandchild due in January, add to that 3 sisters to buy for. I don't get into debt because I have a strict budget for all. All my children, and older grandchildren, are aware that with inflation this won't increase and if my circumstances change will decrease. It's a simple matter of communication, I talk to them so they are never disappointed. However, no matter how poor I got, they would always get a little something, even if it was just a chocolate bar wrapped up with a pretty bow. One lesson I learned, as a working man, was always make your children aware of why they couldn't go to Disney World six times a year.