USA Today reporter Jayne O’Donnell called me just before Thanksgiving to discuss some ideas to help parents address some of the challenges with the many gift requests from their kids this holiday. What resulted was a great column that ran over the Thanksgiving weekend. Here’s an excerpt from Jayne’s piece:
“If your child is asking for Ugg boots, a pricey hot toy or a smartphone for the holidays, it’s time for a teachable moment. Even if your kid has less lofty tastes, the holidays are still a great time to hammer home some important financial lessons.”
So true! To read the rest of this article that includes tips on how to help set limits this holiday to keep your family’s budget on track, click here.
Jayne did a video based on this column as well:Thank you to Jayne and USA Today for sharing these tips with families this year! Hopefully it will help lead to a less stressful January.