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Do you feel the same way about video game consoles and video games? Those run in the hundreds for the console and games often run over $50 each.

Yes, I think some of it's gotten crazy. If you're constantly buying the newest console but don't have any savings for your children's education (or if you're an adult buying them for yourself and don't save for your own retirement), you've got some messed up priorities, and don't b*tch about the cost of education in the future.

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?

A friend of mine on FB posts pictures of taking her 3 year-old daughter for professional pedicures. There is something gross about that. I can see that pedicures might be today what a weekly hair setting was to a woman in the 1950's - but for 3 year olds? (and it's not like it only happened once, so it wasn't only a birthday treat or something else). It's like there's no dividing line between "grown up world" and "kiddie world" anymore. Like mamma might have an expensive handbag, because mamma's gonna take care of her things - but it used to not be about how much playtime someone will get out of a doll - they still wouldn't get a $100 doll because it's probably gonna get dirty and not be taken care of great.
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