This statistic shows the results of a survey among American grandparents in 2011 on the reasons to spend money on their grandchildren. 95 percent of the respondents stated they spend money for birthday gifts for their grandchildren, whereas 23 percent said they spend money in order to help their grandchildren with medical or dental expenses.
Grandparents: What are the reasons you spend money on your grandchildren?
(March 2012)
The source poses the question as follows. "Now I'm going to read you some reasons why some people might spend money on their grandchildren. Please tell me if this is a reason why you spend money on your grandchildren."
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AARP. (March 1, 2012). Grandparents: What are the reasons you spend money on your grandchildren? (March 2012) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/241890/grandparents-spending-habits-in-the-united-states/
AARP. "Grandparents: What are the reasons you spend money on your grandchildren? (March 2012)." Chart. March 1, 2012. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/241890/grandparents-spending-habits-in-the-united-states/
AARP. (2012). Grandparents: What are the reasons you spend money on your grandchildren? (March 2012). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/241890/grandparents-spending-habits-in-the-united-states/
AARP. "Grandparents: What Are The Reasons You Spend Money on Your Grandchildren? (March 2012)." Statista, Statista Inc., 1 Mar 2012, https://www.statista.com/statistics/241890/grandparents-spending-habits-in-the-united-states/
AARP, Grandparents: What are the reasons you spend money on your grandchildren? (March 2012) Statista, https://www.statista.com/statistics/241890/grandparents-spending-habits-in-the-united-states/ (last visited November 21, 2024)
Grandparents: What are the reasons you spend money on your grandchildren? (March 2012) [Graph], AARP, March 1, 2012. [Online]. Available: https://www.statista.com/statistics/241890/grandparents-spending-habits-in-the-united-states/