T hey've long since been the source of emergency childcare, words of wisdom and knitted goods at Christmas, and now a new survey has revealed that grandparents have never been so important to their grandchildren.
In research carried out by Wood's 100 Old Navy Rum, people in their twenties and thirties see their grandparents as role models, even going so far as to brand their grandad 'a hero'. When asked what they'd most like to unearth about their parents' parents in their family tree, 30 per cent of respondents said a naval war hero, followed by 20 per cent who wanted to discover an inventor in the family line.
Other research has found around a fifth of grandparents are feeling the pinch of shelling out for their grandchildren and families; another report found that 42 per cent - around five million grandparents - said they'd been forced to tighten their belts and cut their own spending. The findings, from the grandparents' website BeGrand.net, revealed a majority of grandparents regularly spend their retirement cash on clothing, toys and other treats for their grandchildren, with almost a quarter describing it as a significant financial burden. Because of this, 42 per cent - around five million grandparents - said they had been forced to tighten their belts and cut their own spending.
However, despite seemingly being ready and willing Banks of Nan and Grandad, four out of five grandparents said their grandchildren were spoilt, compared to when they were young... What do you think?
Do we rely on our parents to much to look after our kids, or to bail us out financially?
Or is that what grandparents are there for? Suggest a correction