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Life Events :  Children

Cheapskate

Chip Off the Old Cheapskate
by Gary Foreman

From the moment we first see them they hold our hearts in the palms of their tiny hands. Because we love them we want to give them everything we can, even things that we know we can't afford. As you've probably guessed, it's our children that I'm talking about.

But how do we know where to draw the line? After all, it's natural for parents to sacrifice for their children. Begin by considering what a toddler really needs. Not what we think he or she wants, but what they actually need. Take their bed as an example.

We're all proud when our little baby becomes too big for the crib. If you're not careful you'll find yourself buying a toddler bed. Now, it's not just the cost of the bed that hurts. You'll need special sheets. Probably two sets. And in two or three years you'll be getting rid of the bed and the sheets.

Why not consider buying an adult mattress and box spring and placing it directly on the floor. If you're still worried about your little angel falling in her sleep, you can find children's bed rails at a garage sale. Now you'll be able to use your regular sheets until Susie gets some adorned with her favorite cartoon character from Aunt Mildred. When Susie gets a little older buy a bed and use the mattress and box springs that you already own.

And clothes, unless you have money to burn, don't buy new for your child. Chances are that friends and relatives will buy some nice new things for birthdays and other holidays. Even if they don't, second hand clothes are a better choice.

Think of it this way, would you buy yourself an expensive dress or suit and only plan on wearing it a few times? Yet, because your child's growing that's exactly what will happen. If you buy a $30 dress for your 3 year old and she wears it 6 times, it's cost you $5 each time she puts it on.

Garage sales and consignment shops are a much better option. Since children outgrow clothes before they wear them out, you'll find plenty of high quality (often 'designer') items in excellent condition. Here in South Florida, with patience you'll find real value at about 20% of retail.

With children's clothing it also pays to plan ahead. If they're wearing a size 4 sneaker now, you know it's only a matter of time before they need a size 5 and then 6. If you see something that's a real value, don't hesitate to buy early.

There are two advantages to planning ahead. First, you'll be buying items at real rock bottom prices. Second, you'll avoid being in a situation where your child is outgrowing something and you can't afford to wait until you happen across a bargain. You need to buy it now. That's when you're most likely to go out and pay full retail (ouch!).

Children are fascinating If you watch a small child you'll see exploration in action. No matter what the intended purpose of an item is, the toddler will poke, feel, taste and otherwise give it a thorough inspection. After all, it's their job! Our job is to provide opportunities to explore and learn without overdrawing the checking account.



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