Teaching Our Kids To Buy Their Needs, Not Their Wants

Posted by: momzeebitz in

With more purchasing power given to children nowadays, parents need to inculcate the correct consumer habit to their kids during their formative years. Otherwise, it will be hard to correct misguided consumer behavior later on. Parents should not underestimate their kids. Kids nowadays respond surprisingly well to financial boundaries and rules if these are introduced early. If parents can explain clearly to their kids why they cannot have a certain item, they can understand why.

Parents can do a lot of ways to teach their kids become responsible consumers and buyers -- buying only things that they need, not what they want.


HELP YOUR CHILD DETERMINE WHETHER OR NOT SHE REALLY NEEDS THE TOY OR ITEM.
Explain to your child that shopping is not a hobby. It is something we do when we need something important. Remind her of the times she went ballistic over a certain item then simply did not want to play with it anymore one day.


ACKNOWLEDGE THE DESIRE.
In children's minds, a fancy dancing doll or a pair of cool new sneakers is a way for them to fit in with their friends or impress their classmates. Try not to be flippant when you say no, yet careful in acknowledging their desire for an object. Say "Yes, that does look like a good pair of shoes," while preparing them for possible disappointment, "But your sneakers now haven't worn out yet. We need to spend on things that you really need. Maybe next time, when we have extra cash."


STAY FIRM.
Sometimes, it is hard to say no, but parents have to stay firm. If your child finds that a particular tactic works, he'll do it again and again, and you will get stuck with a whining child every time you set foot in a mall. He has to learn the value of waiting or working for something he wants.


HELP THEM EARN THE ITEM THEY WANT TO BUY.
Giving a few extra pesos for doing simple chores like cleaning their room or helping groom the dog trains them to work for something they want. With kids who are not in school yet, you have to set a specific goal -- like when their money reaches a certain amount, they can buy the toy they want. That way, children see where the money they have earned is going.


SHOW THE OTHER SIDE OF LIFE.
Bring your child to places such as an orphanage where kids don't have the privilege of owning toys. Let her share her old toys to help her appreciate what she has.


TALK TO YOUR CHILD'S TEACHER ABOUT HER NEW TOY CRAVING.
Your child's teacher can help reinforce the lesson you are trying to teach. If the child thinks that it is not allowed by mommy, and is not also allowed by teacher, then, it is not really allowed.


SPEND MORE QUALITY TIME WITH YOUR CHILD.
This will dramatically lessen your child's demand for toys. Parents must try to spend more time with their kids, not more money with them. What kids really want and need is time with their parents, not more consumer goods


Source: Pester Power by Maan Pamaran of Smart Parenting

This entry was posted on Sunday, September 28, 2008 and is filed under . You can leave a response and follow any responses to this entry through the .

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