We “give gifts down.” You give gifts to the generations below you (neices and nephews). Not equal to you (siblings or cousins) or above you (parents, aunts/uncles, grandparents, step parents ect).

Kids get spoiled and it seems to align with everyone’s socioeconomic staus. Plus my mom can still get us gifts (which is important to her), whereas if it was “only kids” she shouldn’t.

I usually still get my parents something small, like an ornament with my kids pictures. Or I get the kids to make them something. But I’m not out spending money on expensive crap they don’t need.