But what do you do when your child comes up to you, her heart set on an $80 dollar toy that doesn't fit into your budget?
Here's the answer from the book "Raising Children With Character" by child psychiatrist Elizabeth Berger--She says, it's fine to say no to your kids, as long as you make them feel that you're being as generous as you can be. Say something like, "I would if I could; I'd give you anything. But right now, it's just not realistic."
Of course, if your kid sees you treating yourself to expensive things while they don't get what they want, they'll feel that they aren't worth as much as you are. So have the same rules for yourself as you have for your kids. Don't use the excuse, "Well, I earn the money so I can have whatever I want." Here's another way to tackle a "gimme" kid when you're on a budget. Tell them how much you have to spend, then let them pick out anything they want up to that amount. And don't feel guilty! Dr. Berger says this is a good way to show kids that there are limits in life. The name of the book again, "Raising Children With Character."
Are You Addicted to Bargain Hunting? Bargain hunting may save money, but for some people, looking for the next “great deal” b… Stop Wasting Money on Non-Essential Things Imagine checking your bank balance and finding a pile of cash you didn’t expect! What if I tol… Good news for dieters! Good news for dieters! Losing weight may soon be as easy as getting a shot. It might sound like a s… Money Lessons for High School Grads Attention, high school grads. I have the top money lessons from financial experts that’ll help… Smart Retirement Tips You Can Learn From a 107-Year-Old Here are a few smart tips for retirement from 107-year-old Leonard McCracken. He never made more tha… Is It Possible To Go Cash-Only And Give Up Your Credit Cards? We’ve talked a lot on this show about the benefits of paying cash instead of using credit card… Easy Ways to Save Money Forget about spending habits - we’re going to talk about saving habits! Here are four ways to … How Do You Know When It's Time to Get a New Car? So you drive a used car – good for you! According to Money magazine, buying a late-model used … One Billion Dollars Is The New Standard of Wealth If you want to be considered “rich,” forget about saving a million bucks, because these … Smart Phones Are Changing The Face of Retail Smart phones are changing the face of retail. Why? Because customers standing in the aisle of one st… Scammers Are Tricking Grandparents Into Sending Them Money Scammers are – yet again – targeting the elderly. It’s called the Grandparent Scam… If you want to be happy, you don't need more money you just need to manage what you've got! There's a new book out called "You Don't Have To Be Rich" that really looks at money and its affect … Doing Your Holiday Shopping Online? Watch out! Internet fraud accounts for more than HALF the complaints filed with the Federal Trade Co… Protect Yourself from New Identity Theft Methods Your odds of becoming a victim of identity theft just shot up. Thatís because criminals are getting … Take Your Bank Account Out of the Red We’ve told you before that the color red raises your blood pressure and increases your pulse r…
Safety Devices That Are A Must Have In For the safety conscious, side and head curtain airbags in newer cars have been shown to reduce fata… Are Women Better Than Men? Science has shown us that Women handle bad relationships better than men, are more careful than ma… Act Disappointed, it's the Best Negotiation It turns out that you are more likely to get your way when you act disappointed instead of getting m… Are You Looking For A Job? Resumesponge is a social networking site for job seekers, similar to Linkedin. You can post your r… DON'T Make These Mistakes After You Get Tricks to Booking Low Cost Holiday Travel One trick is to be flexible and don't fly on peak travel days.… Things You Need To Know About Your Car Insurance Did you know you should carry more than the minimum required? Here's why!… DEBT FREE College Graduation What Landlords Can & Can Not Do Avoid Tattoos & Body Piercings Keep From Being Rude at Work Tips for a Successful Job Search Protect Yourself From Bad Tax Preparers Unclaimed Property & Money Website Scams Don't be scammed by online thieves… Savings Traps to Avoid