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."
Here are Instances When You Shouldn't Try and Save Money It’s smart to save money! But sometimes you can’t afford to skimp. Why? Because the savi… Mistakes That Will Wreck Your Retirement If you’re worried about your financial future, the key is literally to stay calm during these … Health Care Fraud Is Out of Control So what does that have to do with you? Well, you could be subjected to unnecessary and scary tests j… Live Like a Cheapskate to Save Big Bucks When you hear the word “cheapskate,” what do you think of? A penny-pinching miser like E… If You're Not Careful, Money Can Damage Your Relationships Let’s talk about something that’s on a lot of people’s minds these days - money. O… Are you doing your best to protect yourself from identity theft? Well, it may not be enough! If you’re like most people, you already know not to give your Soci… Your Junk Mail Is a Good Indicator of Your Credit Rating Before you toss your next pile of junk mail in the trash, consider this: Just like your blood pressu… Four Items You Should Never Buy Used Secondhand items may sound like a steal, but there are some “hand-me-downs” you should s… When you go to the mall, do you spend more time looking for your car then shopping? Well, help is on the way! At least if you live in Singapore. A company has designed a system to help… Give Yourself The Gift of Financial Well-Being Most of us try to be as generous as possible with our family and friends, but financial expert Suze … Avoid These Myths That Help Drain Our Bank Accounts. As long as there’s money – people are going to have money problems. Why? Because they fa… Strategies for Building Financial Security We all want financial security in life, but in order to have more money when you retire, you need to… Are you ready for Donald Trump's Top 7 Secrets of Success? The star of "The Apprentice," offers these tips in his new book "Trump: How to Get Rich." First, lif… Increase Your Nest Egg By Buying Generic Products Want to dramatically increase your nest egg? Buy generic or store brands! If you saved $5 a day for … Smart Ways to Spend Your Tax Refund So you’re getting a tax refund this year? Nice one. According to USA Today, about three out of…
Save Money on Valentine's Day Flower Call in SICK on These Days Get Out of Debt - Go On A Debt Diet Job Interview Questions To Ask Potential Employers What questions do you have that show hiring managers that you have prepared for the interview? Here … Unclaimed Property & Money Website Scams Don't be scammed by online thieves… Credit Card Fraud is on the Rise Last year over 15 billion dollars were charged to stolen credit card accounts. Thieves buy ipads, co… Tips To Reach Your Financial Goals This Things You Need To Know About Your Car Insurance Did you know you should carry more than the minimum required? Here's why!… 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… 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… The Science of Shopping DEBT FREE College Graduation Are Women Better Than Men? Science has shown us that Women handle bad relationships better than men, are more careful than ma… Tricks to Booking Low Cost Holiday Travel One trick is to be flexible and don't fly on peak travel days.… Impress the HR Computer to Get the