HappySnapper90 wrote in post #12532346
Nice photo (obviously cropped) and this may be off topic. But all this turning kids into technology buyers/consumers is unbecoming IMHO. I hear more and more about parents letting kids buy $300 ipods and gaming systems and games instead of saving money. Saving for college. And some even let their kids pay a $30/month mobile phone data package. $30/month is $360/year or $1440 over 4 years of high school. It adds up!
You might want to get with the times. Technology is the right thing to do or they will get left behind.
Now, before you hijack this thread with your opinion, let me shed some light on the subject. First, the ONLY game system we have in our house is a Wii and that's in our living room. They don't have one in their room. There are 3 TVs in our house. One in the living room, one in our bedroom and one in the kids' common area downstairs. Their TV is locked out from 9:00 PM-8:00 AM and only certain channels are unlocked. My kids don't have $300 iPods, but do have a cheap mp3 player to listen to. Our daughter referees soccer and gets $25 a game. She sometimes will do 3-4 games a weekend. She babysits our neighbor's daughter from time to time and gets paid there. She gives 10% to the church and the rest goes in her savings account. She gets an allowance for doing her chores. Most times that turns into spending money when she goes to the movies with friends, or the like. Our 10 year old son, who took the picture, also gets an allowance for doing his chores. No chores, no allowance. By the way, yes the picture is cropped. He also gives 10% to the church and we don't have to remind him to do it. Yes, my daughter has a cell phone, but she pays for that herself. It costs her $9.99 a month, if you care. We are teaching our kids sound financial principles. If they want to take the initiative to save the money to buy a camera, what's it to you? Chances are they will have more respect for it than if we just give it to them. They need to see that if they work hard and save, then they can have nice things, too. Oh, by the way, both our oldest (12 and 10) have straight A's and on top of playing select soccer, volunteer about 20 hours a month to a large retirement community.