Should 12 yr old have gift money spending curtailed?


Should 12 yr old have gift money spending curtailed?

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JoeClark
JoeClark
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Hello Everyone, Our son is saving up all his birthday and Christmas money to buy a gaming computer that will cost hundreds of dollars. I don't like that he plays so many hours of video games as it is, but he doesn't skimp on his schoolwork and gets good grades, and whenever he has a chance to get together with friends and play he does. Additionally he loves sports and always goes to his practices and games.

In short, we can't find a valid reason to keep him from spending the large amounts of money that he amasses from others. We are just uncomfortable with the fact that he has no interest in saving any of it. By the way, buying this new computer won't mean he will get any more time every day to play video games, it will just improve the experience. So that's not an issue either.

Are we being too controlling? Anyone have similar issues?

Any Idea, Suggestions would be appreciated,

Thanks,

Edited
27/10/2017 by Moderator
skatergirl08
skatergirl08
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JoeClark - 26/10/2017
Hello Everyone, Our son is saving up all his birthday and Christmas money to buy a gaming computer that will cost hundreds of dollars. I don't like that he plays so many hours of video games as it is, but he doesn't skimp on his schoolwork and gets good grades, and whenever he has a chance to get together with friends and play he does. Additionally he loves sports and always goes to his practices and games.

In short, we can't find a valid reason to keep him from spending the large amounts of money that he amasses from others. We are just uncomfortable with the fact that he has no interest in saving any of it. By the way, buying this new computer won't mean he will get any more time every day to play video games, it will just improve the experience. So that's not an issue either.

Are we being too controlling? Anyone have similar issues?

Any Idea, Suggestions would be appreciated,

Thanks,

Hi JoeClark,
First of all i would like to say that "you should be proud of your Son ! at least he is putting into practice of "saving and buying an 
item that he really would like to own". That is a start. He must have a inner drive to SAVE SAVE SAVE to achieve the end result!
"A new Computer" upgrade. Thats half the battle to teach Young Children the money skill to buy things they would like and not waiting 
for a Parent to work it out. Sounds like he is a lovely ,knows what he wants Young Teen and look at it this way ,this will start him off 
when he gets older to buy larger items or saving for a deposit on a his first home. Maybe do some research of different banks 
interest rates for long term deposits(booklets) he can look at and read for the future saving . He might just like that idea!! 
love reading your post and no you are not too controlling ,you are just concern parent ! 
Kind Regards skatergirl08



 MOTHERS VOICES ARE THE BEST TOOLS 
 TOWARDS CHANGE FOR THE BETTER ,
HAPPY AUTISTIC  CHILDREN GROWN INTO CONFIDENT ADULTS 

Mason
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Well, he has a goal in mind, as such has saved for it. Why restrict him, personally I would be looking at goals he sets, I would be concerned if he kept setting them but falling short.

GO


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