Take our advice, parents: Call it a college-and-wedding fund.
I am an artist, and one Christmas a few years back, I had a similar situation with finances and I made everyone drawings. I don’t feel like I can do that again, and haven’t thought of anything else to make them .
My family dealt with this for years by drawing names at Thanksgiving. We then transitioned into giving to charities, matching the recipient to a suitable cause, and only giving material gifts to the children. You’re lucky! You’re an artist. You seem to think that because you gave drawings one time, you can’t do it again. I strongly disagree!
You could do something similar: Keep the piece small, modest, and unframed, and give one to each family, inscribed for them. The recipient could choose to frame the piece, tape it to the fridge, or stick it in an album. You could give art supplies to the children on your list.
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