{"id":1349,"date":"2011-11-10T14:54:31","date_gmt":"2011-11-10T14:54:31","guid":{"rendered":"http:\/\/kidnexions.com\/blog\/?p=1349"},"modified":"2011-11-10T14:54:31","modified_gmt":"2011-11-10T14:54:31","slug":"teaching-kids-the-price-of-luxury-a-teachable-money-moment","status":"publish","type":"post","link":"https:\/\/www.familymathnight.com\/blog\/?p=1349","title":{"rendered":"Teaching Kids the Price of Luxury &#8211; A Teachable Money Moment"},"content":{"rendered":"<p>It&#8217;s our job as parents to provide food, shelter, and clothing to our kids.\u00a0 But no where in the manual does it say that our little cherubs need to be clothed in the finest of linens.<\/p>\n<p>So the next time you&#8217;re out shopping with Junior, and he is just drooling over those $100\u00a0Lacoste shoes that &#8220;everyone is wearing&#8221;, remind him that you will always make sure his toes are dry and comfy, but your shoe budget taps out at ($60).<\/p>\n<p>Smile, and then add that you are more than willing to have him pay the difference.\u00a0 Tell him that&#8217;s the price of luxury.\u00a0 Then let him decide if he&#8217;s willing to plunk down his money on the latest fad.<\/p>\n<p>This is a great way to get kids to reflect on what they really value and underscores the difference between needs and wants.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It&#8217;s our job as parents to provide food, shelter, and clothing to our kids.\u00a0 But no where in the manual does it say that our little cherubs need to be clothed in the finest of linens. So the next time you&#8217;re out shopping with Junior, and he is just drooling over those $100\u00a0Lacoste shoes that &#8220;everyone is wearing&#8221;, remind him that you will always make sure his toes are dry and comfy, but your shoe budget taps out at ($60)&#8230;.<\/p>\n<p class=\"read-more\"><a class=\"btn btn-default\" href=\"https:\/\/www.familymathnight.com\/blog\/?p=1349\"> Read More<span class=\"screen-reader-text\">  Read More<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[3,7,13,16,17],"tags":[21,22,23,26,29,40,84,228],"class_list":["post-1349","post","type-post","status-publish","format-standard","hentry","category-allowance","category-kids-and-budgeting","category-kids-and-spending","category-teachable-moments","category-teaching-kids-financial-literacy","tag-karyn-hodgens","tag-kidnexions","tag-kids-allowance","tag-kids-and-money","tag-kids-money-management","tag-parenting","tag-teachable-money-moment","tag-teaching-kids-financial-literacy"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Teaching Kids the Price of Luxury - A Teachable Money Moment - Karyn&#039;s Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.familymathnight.com\/blog\/?p=1349\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Teaching Kids the Price of Luxury - A Teachable Money Moment - Karyn&#039;s Blog\" \/>\n<meta property=\"og:description\" content=\"It&#8217;s our job as parents to provide food, shelter, and clothing to our kids.\u00a0 But no where in the manual does it say that our little cherubs need to be clothed in the finest of linens. So the next time you&#8217;re out shopping with Junior, and he is just drooling over those $100\u00a0Lacoste shoes that &#8220;everyone is wearing&#8221;, remind him that you will always make sure his toes are dry and comfy, but your shoe budget taps out at ($60).... 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