When it comes to meeting the needs of the child, parents are often confused. They often cannot plan their finances and make certain mistakes in this matter.
You should not buy things for your children just because other children have them. Buy only what the child needs. This will help him understand the difference between desires and needs and build the conviction that you need to earn money to satisfy needs.
Parents tend to give their children love and happiness and feel satisfaction when they see a smile on the face of the child. When buying children all kinds of things, parents are unlikely to think about how much money they spend on trifles. They just want to provide their children a happy life at all costs.
However, it is important to understand whether you can afford such expenses and plan your finances correctly. If you do not plan finances, this can lead to financial crises and greatly complicate your life. There is nothing wrong with satisfying the needs of a child, but this should not be done only in order to conform to modern fashion or the desire to make a child happy. Continue reading