Shopping with Kids

Updated 1 year ago

How to make this more beneficial for the child and less traumatic for you.Set limits- and don’t feel guilty. What’s up with that? So, mom or dad doesn’t have a job and you have a tiny budget? Don’t get all crazy under that issue. Conversely, if you have plenty, you are not doing the baby any favors to not teach them limits, so set a spending limit. Entrepreneurship- When the child wants more activity fees, different sneakers or more clothing options there’s always an allowance of summertime earning for next year’s additional expenses. Get them understanding that they can have lots of things they might rather have if they supplement the basics with their own money. If it’s late for them to alter things this year, next year will be an opportunity for the baby to get into the planning process so they can add to the basic back-to-school supplies with earned money.Teach savvy consumption- There are many stores offering similar objects. Jeans are everywhere and from yard sales to Goodwill, to J. Crew. Notebooks and pencils are also available in many price points. When you empower the child to know the budget, when you show them the price variations and then let them pick- and REALLY LET THEM PICK- the outcome is more peacefulGet the child involved, ditch the guilt and let them really have the final say about it. This may make for a less chaotic shopping season. Marion R. Syversen, MBA – PresidentNorumbegaFinancial207.862.2952Marion@NorumbegaFinancial.com Check out our website that includes weekly streaming videosWWW.NorumbegaFinancial.com Vote Norumbega Financial for Bangor’s Best Financial Planning Firm at Market Surveys of America In compliance with requirements from FINRA, all e-mail sent via the WSFG domain will be subject to review and archiving by Wall Street Financial Group, Inc. Email management, archiving & monitoring technology powered by Smarsh, Inc. Disclosure:Only securities and advisory services offered through Wall Street Financial Group, Inc. Registered Investment Advisor. Member FINRA/SIPC. Wall Street Financial Group, Inc., Norumbega Financial and all other entities listed herein are separate entities, independently owned and operated.


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