Reply to Tween Daughter is driving us nuts about spending

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[quote=Anonymous]Sometimes I translate the cost of what my DD wants into my hourly pay, and I call it “time I spent sitting at my desk working.” I also clue my DD in to other costs that she doesn’t really think about, like property taxes, utilities, and so on. I also encourage her to work hard at school so she can do well, get a good job, and buy herself the things she wants when she’s an adult.

I agree with the suggestions to give your DD a budget and some requirements (like not buying cheap crap that will shrink the first time you wash it, or not buying child-labor SHEIN). She also should be told explicitly that there’s no more money but if she wants to earn her own spending money, that’s a great way to supplement what you pay for. 
Talk to her about savings, what happens when people retire and don’t earn a salary anymore, emergency fund, and budgeting. Tell your DD that you understand she wants certain things, but there’s always going to be that next thing that’s a “must-have.” Also talk to her about gratitude and the idea that she is already so much better off than the vast majority of the population. Educate her on her immense privilege.

When is her birthday? Sounds like maybe it’s time to switch over to gift cards, money, and shopping trips as her presents. [/quote]

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