“Mommy, I want that one!” “I have to have the new Ninjago set!” “You’re mean for not getting me those Pokemon cards.” “Every kid at school has an American Girl doll except for me!” A simple trip to the store can become a minefield when you cross into the toy section with a young child. We may vacillate between giving in to the request or denying it, but often without any deep thought or introspection about how and what we want to teach our children about money. Many of us well-meaning parents can get a bit flummoxed when it comes to dealing with money and kids.
Can you believe the kids today? Whining and complaining about chores, I just don’t get it. When we were kids, we did all our chores to perfection with a smile on our face and begged our parents to nag just a little bit more, right? I think not. Why then do we expect our kids to be so different from us?