Are You Spending Too Much On Your Kids?


	Are You Spending Too Much On Your Kids?

wurdzgurl

8-15-2007 11:12 AM

324 views

tags:

parenting, money, children

wurdzgurl says:

Great tips or all of us in any income bracket.

5 Comments |

Add a Comment

8-15-2007 7:32 PM

laceym

Don't sign them up for soccer.

8-15-2007 8:13 PM

wurdzgurl

I've heard that hockey is really expensive as well.

8-16-2007 9:43 AM

Hawkeye_84

Wait til they start demanding their own cell phones and computers. Cha-ching!!!

8-16-2007 10:04 AM

BartendingBear

Being childless is so rewarding.

8-16-2007 12:01 PM

laceym

Wait til they start demanding their own cell phones and computers. Cha-ching!!!

Or car. Or second car after they totaled the first car! This clip was written for me.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/a63a7834-8afb-41ed-9106-066929ea71df/152E9C12-CA61-4A23-B5E0-9E820F5748D9/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://lifestyle.msn.com/familyandparenting/raisingkids/articlegh.aspx?cp-documentid=5222141&GT1=10324" href="http://lifestyle.msn.com/familyandparenting/raisingkids/articlegh.aspx?cp-documentid=5222141&GT1=10324" style="font-size: 11px;">lifestyle.msn.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://lifestyle.msn.com/familyandparenting/raisingkids/articlegh.aspx?cp-documentid=5222141&GT1=10324"><P>This kind of overspending is not good for kids or their parents —because, unless you're in the top income bracket, the only way to give your children everything they want (or everything marketers tell you they should have) is to neglect your own retirement saving. And the message you're sending, meanwhile, is that money grows on trees. Or at least on Mommy and Daddy.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://lifestyle.msn.com/familyandparenting/raisingkids/articlegh.aspx?cp-documentid=5222141&GT1=10324">A recent study by Robert Manning, Ph.D., professor of consumer finance at RIT in Rochester, NY, found that parents use credit more freely when buying for their children than when shopping for themselves.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://lifestyle.msn.com/familyandparenting/raisingkids/articlegh.aspx?cp-documentid=5222141&GT1=10324"><B>Be skimpy with baby and toddler purchases.</B></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://lifestyle.msn.com/familyandparenting/raisingkids/articlegh.aspx?cp-documentid=5222141&GT1=10324"><B>Scale down birthday parties.</B></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://lifestyle.msn.com/familyandparenting/raisingkids/articlegh.aspx?cp-documentid=5222141&GT1=10324"> You convey your values to your children by doing what you think is right, not by exhausting yourself with a party that breaks your budget.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://lifestyle.msn.com/familyandparenting/raisingkids/articlegh.aspx?cp-documentid=5222141&GT1=10324"><B>Pay for less entertainment. </B></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://lifestyle.msn.com/familyandparenting/raisingkids/articlegh.aspx?cp-documentid=5222141&GT1=10324"><B>Brace yourself for some whining.</B></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/152E9C12-CA61-4A23-B5E0-9E820F5748D9/blog/" title="blog or email this clip"><img src="http://content8.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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