Majority of grandparents to give cash as Christmas present to grandkids

Majority of grandparents to give cash as Christmas present to grandkids
Picture: iStock

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.

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

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