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Managing Kids' Gift Expectations

Most Americans are tightening their budget belts this holiday season, which means smaller parties and fewer gifts. As NBR's Dana Bate reports, children who associate the holidays with huge hauls of treasures may find it difficult to accept less loot do to this year's economic woes.



Discuss this series on XChange - The NBR Blog.

Table: Children's Gifts on a Budget

Related NBR Stories & Links

• 11-21-08: "Kevin McCormally's Tax Tips" - Kid Size IRAs
• 11-14-08: Black Friday is Already Looking Bleak
• 11-29-07: "Commentary" - Holiday Debt Hangover
• 11-19-07: "XChange, The NBR Blog" - Don't Fool Yourself about Holiday Spending

External Links/Articles*

• Harris SBSB
  Harris SBSB is a firm provinding financial planning, portfolio management, and tax planning services "to high net worth individuals and families." The firm's managing director, Pamela Shortal CPA, CFP, is interviewed in Data Bate's report. This links to Shortal's biography.
• Institute of Consumer Financial Education (ICFE)
  The Institute of Consumer Financial Education (ICFE) is a non-profit "dedicated to helping people of all ages improve their spending, increase their savings and use credit more wisely." This links to a tip sheet titled, "18 Ways for Children or Grandchildren to Learn the Value of Money."
• Kiplinger's Personal Finance
  This links to Kiplinger's "Money Smart Kids" column, which is authored by Janet Bodnar. Bodnar is interviewed in Dana Bat4e's report.
• NYU Child Study Center
  The NYU Child Study Center's mission is "to improve the treatment of child psychiatric disorders." This links to an article published on the center's website titled, "Holiday Gifts in Challenging Times."

*Clicking these external links will take you off the NBR web site on PBS.org. NBR has no affiliation with these sites.