Re: How much would you spend..
My dd was 4 months old her first Christmas, and she didn't have a clue. I think we got her 1 small toy and that was plenty. What we did though, was buy her a Christmas plaid sleeper and took lots of pictures of her under the tree. That was lots of fun. I don't think we really bought a significant amount of gifts until the kids were maybe 3 or 4. Before that they didn't really appreciate anything, it was just too overwhelming. I say save your money and put it in the college fund.
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