Do enjoy spending time with the grandchildren and showering them with unconditional love.
Do pass on family stories to give grandchildren a sense of their place in the family.
Do share wisdom. Grandchildren are often more willing to ask advice from grandparents than parents.
Don't be a disciplinarian Grandparents may indeed have greater experience and wisdom, but should not criticise their children's parenting methods, even when they know they are wrong.
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Don't let yourself be taken advantage of because being asked to do too much childcare is not in anyone's best interest.