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With long holiday weekends and summer around the corner, here's a vacation strategy to consider: Give your kids a budget!
When you're traveling with kids, you'll undoubtedly get lots of "I want this" and "I want that" at every tourist stop, stand and kiosk. Even though, as an adult, you have the experience to understand that many trinkets are a waste of money, your kids may not understand that. Plus, with suggestive marketing everywhere you look (TV, advertising, instant downloads, powerful packaging, etc.), there are invitations at every turn to buy, buy, buy!
Unlimited spending is probably a dangerous route, regardless of your financial means. Setting some guidelines and parameters up front with keep everyone in check as you enjoy your trip. Assuming you want to buy your kids some souvenirs to help them remember the family time, go ahead and give them a pre-set spending amount. The amount matters less than the principle, and by giving them a budget, you're saving yourself...
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