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Reply to "At what age are my child's peers going to expect my kid to have a recent top of the line smartphone?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]My kid's classmates started asking in late MS/early HS. He still doesn't have one. And his classmates' parents are freaking out about how to pay for college. We're not. (Not to turn this into some victim-blaming screed about how you could afford a house if you didn't eat avocado toast or heath insurance if you didn't have an iPhone. But it's never too soon to start letting your kids know that your spending reflects your values, and fancy electronics for kids didn't make our cut.)[/quote] Np: I think this is poor logic. The $45/mo we spend for our son's phone/service in no way affects his college fund nor any other savings goals. But, what you're teaching your child is to judge others and assume that by having new electronics, then that person/family is sacrificing savings. Is that what you intended?[/quote] Yes it does. That phone cost several thousand bucks that could have been put in a 529. All so he/she can websurf and interact with idiot friends.[/quote]
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