Hi guys, wondering about ideas for a present for my son. Something not too expensive and exciting for him. Thanks.
Any Good Idea for Birthday Present for 1 Year Old Boy?
BluebirdV on 23/07/2020 - 07:54
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+1 to this, my eldest really didn't care about gifts until he hit about 3 years old (may be a bit younger in reality as both of mine have birthdays in the month before Christmas). The paper did hold his attention more than what was in it at 1. Our youngest one is 18 months and definitely couldn't care less.
I remember my Dad telling me that for my first birthday my mum spent a lot on gifts, he put a stone in a tin can and taped it shut and it was the only thing I played with.
Don't forget to wrap the empty box.
Double present !!!
my kid when he was 1 year old would play with the toy for 10 minutes and then played with the box for the rest of the day
True OZB spirit.
damn beat me to it!
Yeah, get them Bubble Wrap and start an investment portfolio.
You basically need to put in $1 a day, ($30 per month), into an account that will increase 10% pa. For that child, the amount you will put in will be $20,000 over a lifetime, but what the child will cash out is $1.1 Million Dollars when they cash it out at the age of 65 years old (retirement).
The magic of compound interest. The sooner the better!!
Same deal, but starting it at 10 years old, you'll need to instead deposit $50 per month. And it will total you $33k. Same $1.1M cash-out when 65yo. Not too shabby.
Start later for 20 years old = $100 per month ($54k total)
Start even later for 30 years old = $250 per month ($105k total)
Start very late for 40 years old = $800 per month ($240k total)
Start too late for 50 years old = $2000 per month ($450k total)Saving is good but this doesn’t take into account inflation. 10% is dreaming imo. Better off paying off any and all debts.
Actually 10% pa isn't even impressive, but over a long period it all adds up. Getting 5% is considered poor performance, and hitting 15% is considered great performance fyi. But yeah it all depends on how much risk you are able to carry.
Inflation is usually around 3% loss per year. So just saving money isn't that good, because the inflation is like an extra/hidden tax on people's savings.
In some scenarios, keeping the debt is the smarter decision. However, if you take human psychology into account, then you're absolutely right: people get careless too easily. The old adage is still true to this day: get rid of all debt, save for a deposit, get a mortgage, pay it off soon, when you're older you won't have to struggle with rent (and watch out for children or divorce).
@Kangal: Where can i get a 15% performance investment portfolio? I'll sell all my assets and invest only in that.
@diazepam: The low-risk ("safer") bonds are one option, and they achieve something close to 5% annually on average. So even this will keep you safe from inflation, if you're located in a country with a stable economy/currency (we are).
Most people 'hedge their bets' and aim for Warren Buffet's famous 7% return amount.
The 10% figure is what the Stock Market ("less safe") historically achieves when looking at a long-term scope. Here's a source.
Financial Investors are paid either a salary and/or commission and these guys attempt to surpass the averages. Hence, why I mentioned the 15% figure. They can achieve this by actively choosing when, how much, and which stocks/bonds to invest in. But it requires someone to be an expert in the field, or be extremely lucky, or have insider information (illegal?).
@FIVEDOLLAR: You can hire a really expensive stock broker. They'll be able to get you that +15% returns. But the associated risk would still be there. And their costs will greatly eat (-10%) into your portfolio. In some cases even worse.
So not worth it. Better to reduce the risk and stick to bonds instead of the above scenario. Or look into investing in the top 50 or so companies based in Australia and US. Kind of like your Superannuation.
Buy microsoft or Google shares now for the kid. In 50 years time the shares will be strastopheric
I agree with this, but deposit enough that you are comfortable with - ages also plays a factor. But <30 y.o I would contribute $100-200 per month if possible to speed up the returns.
However you have debt as a parent, I would clear that first, since the interest charged is can be much greater than investment return (depending on your investment and debt size of course)
What bank account offers 10% p.a. ? Savings account rate is 0.11%
Do you really expect your parents to be contributing money into a special “gift fund” for you, especially after you’ve turned 18 and presumably have your own employment?
Also, by the time OP’s child is 65, OP will likely be in a retirement home or coffin. Compound interest is a good suggestion, but your idea has no basis in reality.
Umm, how does it have no basis in reality?
I'm not saying the OP/Parents have to invest in it actively like a stock broker, and do it themselves personally for 65 years! That's absurd. Just create an investment portfolio, and if you deposit $1 a day, it will balloon into over a Million after a literal lifetime. An even easier method would be to put $2,500 initially and never deposit anything else, and have the dividends automatically reinvest in the portfolio… eventually it will amount to the same Million after a lifetime.
You have three kids. Put $7500 in (actually lower). That's a small amount when you think about it, just forfeit one years funds of holiday fees as an example. Overall it's cheaper than buying three houses to them. It's all about leaving a legacy, for some this is extremely important and for others/most they never even think about it. Which is telling since very few people actually check their finances or deal in compound interest/investments. Eventually you will explain to them about life, responsibility, finances, and retirement. This would be a neat present to gift to them either on their 18th/Adult birthday… or you can wait until they're more mature like 30 years old to do so. Obviously you would be transferring the funds into their names individually. That's my plan. Un/fortunately I never came from a family which had such foresight, and this is the piece of advice I'm sharing. But looking above at the negs, it seems people don't want me to share this :\
@Kangal: It's not so much that it's a bad savings idea. It's just a mediocre concept for teaching financial literacy because handing over a substantial lump sum to a 18 y/o teenager doesn't mean they have learnt anything from your frugality. That's a lesson they need to learn with their own hard earnt cash, because they actually value it. If they were anything like the teens I know, that gift would get sunk into a new iphone within a week of their 18th.
Also if this is being done in lieu of the child getting a birthday present (per OP's question) then you risk souring the whole relationship. I guarantee a 10 y/o will cherish mum/dad giving them a new skateboard over having their annual birthday lecture about compound interest.
great piece of advice here, not sure if the calcs are perfect but i see the value in this advice.
Glad wrap?
Kids that age don't really have an attention span, so almost anything you give them probably won't be played for very long.
Hard cover books usually don't go astray. Nothing to wordy obviously for the kid and the parents benefit. Something with different textures inside perhaps? Kmart/Target/Big W have a good selection.
There's the "Go the f*uck to sleep" book that is a good one for the parents if you want something different.
I think you failed censoring the word f* ck😀
Haha, fail…and it's his son too. 🤦♂️
Something with coloured lights that plays music or makes noises will hold his attention for a short time.
And piss off everyone else in the house.
you've never uncled have you?
drum
fire engine with lights and sirens
super soaker (most gun looking one)
skateboardgot your first four years covered.
^ this. I am the uncle that buys a helicopter with lights, spinning blades and sound. My sister hated it but hey, it was a cheap garbage toy from Kmart and it died by the end of the day. The only thing working on it was the lights, just as the sun went down.
I'm a dad to a one year old and I'm trying to get him on the skateboard. Currently he lies on it while I roll him down the road. I'm not going to be one of those parents who doesn't want their kids to have any fun in case they get a scratch.
Tonka Truck?? Wooden Puzzle with big pieces? Or are they more like a 2yo?
Sandpit clamshell with sand from bunnings.
Empty box and Colouring in pencils
Trampoline - encourage him to go outdoors (even if it your backyard)….kids sleep well when they are tired
Doctors think trampolines are a bad idea; lots of injuries.
However, starting a decent swing set, slide etc is not a bad idea to get the kid outdoors.
So does the Cottonball Society !
A trampoline; for a 1-year old? Really?
Stacking cups, build them up and knock em down!
This is literally my 10month old’s favourite toy, stacking cups to knock down…
Also a water bottle filled with beads is his second favourite!
1 year old would have
- just learnt to walk if not already standing up with and without support.
- started baby talk and can say a few words.ideas
- any thing that encourages movement like a push along walker or stand and play items like a basketball hoop would be good.
- picture books that has sounds that the kid can mimic
- ride on toys like a trike or bottomless vehicle that moves around by the kids feet.
- stuff from little tikes.Well said Archi, you 100% spot on with the ideas. I would definitely recommend the same items.
Especially if they learning to walk, they need the initial support to get around.
Another option would be a baby walker.
Yes. We have a couple of little tikes cards and our kids loves them - but we bought them for $20 from Gumtree.
Empty box - e.g. from Amazon packaging. He will have so many uses for it (car, house, etc) and it will stretch his imagination.
guaranteed fun for years on one of these:
https://www.bigw.com.au/product/dune-buggy-ride-on-tricycle-…+1 for this toy - he'll be a little young for it at first but will soon be into it. For the time being he'll probably love just sitting on it and being gently pushed. Then he'll learn to go backwards by himself, then forwards. They love scooting about on it once they get the hang of it.
Other good toys for this age are a ball (to kick and throw - those cheap big bright bouncy ones are the best), stroller/shopping cart, baby doll, trucks/cars you can push around, stacking blocks etc.
They say 3-4 years old on the website.
They say that but every 1-2 year old gets one of these. Our son enjoyed this before he could even walk just by us putting him on there and pushing him around, even better they will last 3-4 years.
Yeah, I’ve noticed the age guides aren’t always on target. As long as there are no bits to choke on etc I think a lot they toys they enjoy earlier.
We got one for our son around the 1-2 year old mark. Ours had an attachable handle so you could push him, he loved it.
I’m getting one of these for my soon to be one year old too.
Stocks and Options - An Introduction to Trading, 17th Edition. Colour Illustrated of course.
I've been teaching my son to say "compound interest" since he could talk…(and other things too lol)
N95 masks
RTX 2080 ti.
A sister
In all seriousness, it's your own kid ffs. If you need to outsource the very first birthday present, then god help you in the coming years!
You should know them well enough to not even have to ask.
Hmmm. There's an idea…
Crowdsourced parenting.
Some people believe that's called the national school system 😂
loneliness is sooo underrated these days…
We have seen a few of these posts before, and I'm always a little amazed at what the parents are expecting.
No-one here has any idea of the child's level of development, so even with the best of intentions quite a few of the suggestions here are not relevant / appropriate.
A 1y.o. has a short attention span; pretty much anything will do to keep them entertained until they move onto to something else.
Don't spend much; whatever you get will probably be discarded by the time the child is 14 months old.'Don't spend much' is the key here.
Anything more and you've lost focus re. the intention behind the gift.
(hmm now I've got myself thinking….what IS the intention of gift giving? hmmmm)
To curry favour and praise, ideally disproportionate to the amount of effort and expense incurred in giving said gift?
lol surely that's not the entire reason.
There are some exceptions to “discarded by the time he child is 14months” e.g. books, duplo.
Also the child’s level of development is somewhat irrelevant as babies and toddlers use the same toy differently as they develop e.g. blocks they start by just picking up, then banging together, then stacking, then building etc.
6 pack of crownies.
Any of the books from the series "That's not my…" (E.g. That's Not My Monster, That's Not My Bunny, etc.).
From 1-2 years, both kids were obsessed with those books due to the textures in them.
Where is a good place to buy these?
Big W
Kmart and Big W alternate on sales for these, and Amazon often price matches too. We've usually bought each book a bit more than $6.
OzB account
Ipad
He will break it very quickly.
eneloop
walker
He's outgrown it. Crawls and stands up now. Can take a few steps.
He's 1 don't need no present…
bubble machine…oO
Cars or trucks or toy guns
Barbie dolls
Electric ride on car toy. I did that for a good friends first child's first birthday.
Or something that doesn't need batteries to make a lot of noise that the parents will hate!I thought that was the privilege of the grand parents as a form of revenge.
I think its everyone's responsibility to ensure their kid can make noise with toys that don't require batteries.
My boy is turning 1 next week and I have not even considered what to get him as I know he will be getting some toys from grandparents so I am not going to get him anything for now. My suggestion would be to give him a toy according to his learning ability like we got this for him recently and he loves it.
That toy looks like something he would enjoy.
gold or silver.
A cardboard box. They will love that more than any toy.
$80,000 Car.
$80k investment car
Fixed it!
$80k High Yield Investment Car
Fixed the fix
Jellycat Bunny.
No button eyes, and the bigger the better when it comes to floppy ears.
He's not going remember his 1st birthday, but you will. And the photos/memories of that little bunny will be something he can cherish as he gets older.
My boys are 6 now, and each of them has a favourite bunny that goes with them everywhere. Given to them on their 1st birthday.
My daughter is older, and still has her bunny on her bed.I've bought 'backup' Jellycat Bunnies, so when I put one through the wash the other comes out.
Perfect 1yo present. Trust me.
This one: https://www.liltreasures.com.au/jellycat-bunny-bashful-beige…
Medium size… not too big that it takes up stacks of room, not too small that he gets lost.
Comes in different colours. Don't go crazy colours, stick with the muted ones. Will become his favourite sleep toy.Oh, and careful of Ebay imitations.
Sweet, that looks perfect for an upcoming gift for someone else. Thanks! Would Medium size be the way to go for 1 year old?
Medium is what I have for all 3 kids, but I guess you could go the Large size if you want as its only a few cm bigger.
The medium is a good size imo because a 1-2yo can't handle anything too big. Plus I reckon anything too big would take up too much room (in the cot, in the car etc).
Medium or Large would be ok… I wouldn't go any bigger than Medium for a 1yo, but that's me.Google them… there might be a Youtube clip showing the size better?
I second this.
I've given out 2 of them to nieces so far, while too young to really appreciate presents at the time.
But as they got older, these bunnies went absolutely everywhere with them.
Hear the same happen with a friends son. He won't sleep without it.
I got mine off Amazon, but some Aus stores also stock them.
$1000 in ASX every year till he’s 18.
And then he blows it all on a second hand WRX when he’s 19.
Literally anything
A 1 year old is never going to remember the present they get from you in 17 years time.
Invest $2500 for him or something in an index fund, give that to him when he's 18.
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Wrapping paper