No. of Recommendations: 0
But usually a game console is bought for some of the adults in the house to to use - if they're adequately saving than who cares. But when you buy it just for a child (especially if you're not saving) than it seems to set a bar of "what next". When the toys you play with at the age of 8 cost $100 a piece, what are you going to want at 12?

So it's okay for adults to buy $100 toys for themselves if they are adequately saving but it's wrong to buy a child a $100 toy if the parents are adequately saving money. I don't know why you make the distinction. Most likely the only reason why the kid knows it is a $100 toy is if you tell them you spent $100 buying it for them. Therefore, you are your own worst enemy if you continually feel the need to tell your kids what you spent on their present and then have to up the ante the next year. How about not telling the kids what you spent?

Print the post  


UGC Disclosure Notice Regarding Credit Card Posts
Community board discussions about credit cards are not provided or commissioned by banks who may have advertising relationships with The Motley Fool. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.
TMF Credit Center
The Motley Fool Credit Center arms you with real tools and simple messages, that will help you in every credit situation.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.