When children are young they have to look to their parents to make most major purchases for them. Unfortunately, kids can be picky and impulsive which can make this process complicated.
How can parents insure that they are providing everything their child needs without surrendering to their child’s every whim? Well, they can start by teaching their kids how to make wise purchasing decisions.
How Making Wise Purchasing Decisions Can Teach Your Kids About Instant Gratification
Do you ever go to the store with your family and your child brings you an expensive item that he or she “has” to have right away?
Before you make the purchase to silence your child’s nagging immediately, or completely reject the request, consider asking your child: “Why, or if, it is important to buy the item right that minute.”
Let’s say the item in question is a pair of athletic shoes. Wait a week or two and see if your child’s desire for these shoes is just as strong after some time has passed. At this point; if your child still views the shoes as an important purchase, then it is up to you to weigh the options and consider for yourself if it is wise for you to buy the shoes.
Maybe suggest that your child do some extra chores or housework to help ease your financial burden and to show that they are earnest about the purchase and willing to work for it.
It’s a win-win. Through this, you can teach your child to fight the attraction of instant gratification and to make disciplined and wise purchasing decisions.
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