Comments on: How Materialism Develops In The Young http://www.thesimpledollar.com/2006/12/26/how-materialism-develops-in-the-young/ Simple, applicable personal finance advice for the modern world Wed, 17 Mar 2010 05:03:24 -0700 http://wordpress.org/?v=2.8.4 hourly 1 By: rodgerlvu http://www.thesimpledollar.com/2006/12/26/how-materialism-develops-in-the-young/comment-page-1/#comment-663056 rodgerlvu Fri, 15 May 2009 06:34:25 +0000 http://www.thesimpledollar.com/2006/12/26/how-materialism-develops-in-the-young/#comment-663056 the post is very interesting,,,thanks for sharing the post is very interesting,,,thanks for sharing

]]> By: Jaekus http://www.thesimpledollar.com/2006/12/26/how-materialism-develops-in-the-young/comment-page-1/#comment-406050 Jaekus Fri, 31 Oct 2008 01:02:14 +0000 http://www.thesimpledollar.com/2006/12/26/how-materialism-develops-in-the-young/#comment-406050 This is interesting. I myself am 15, and I try my hardest not to be sucked into the materialistic society which is so inviting. I do have a friend, however, who buys into this readily - he always has the latest video games, the best clothes, etc. He is slightly below average height, although not the shortest person ever, but this being Britain we - that being me and my friends - 'take the mickey' out of him for it - basically making fun of him. We only do this because he responds, or at least used to respond, in an aggressive and over-the-top way, which of course encouraged us. He has taken his below average height and made it into something that lowers his self-esteem, and it was not until just now that I realised that perhaps his materialism was to make up for it. This is interesting. I myself am 15, and I try my hardest not to be sucked into the materialistic society which is so inviting. I do have a friend, however, who buys into this readily – he always has the latest video games, the best clothes, etc. He is slightly below average height, although not the shortest person ever, but this being Britain we – that being me and my friends – ‘take the mickey’ out of him for it – basically making fun of him. We only do this because he responds, or at least used to respond, in an aggressive and over-the-top way, which of course encouraged us. He has taken his below average height and made it into something that lowers his self-esteem, and it was not until just now that I realised that perhaps his materialism was to make up for it.

]]> By: Dan http://www.thesimpledollar.com/2006/12/26/how-materialism-develops-in-the-young/comment-page-1/#comment-2279 Dan Mon, 01 Jan 2007 13:54:47 +0000 http://www.thesimpledollar.com/2006/12/26/how-materialism-develops-in-the-young/#comment-2279 I think it helps to teach kids about money early and often too. My six year old son has had three money jars for a couple of years now: Give, Save, Spend. Each week I pay him five quarters for helping around the house (folding towels, putting away his clothes after I fold them, making his bed every day, cleaning his room, and his newest chore, dragging the empty trash and recycle bins back from the curb. The five quarters are split thusly: two for save, two for spend and one for give. 'Save' is for college, 'Spend' is for souveniers on trips (such as our pending Disney World expedition this April), and 'Give' is for a christmas present for the annual Police Toy Drive (we have a 401Dad program where I match his give amount). When he gets to spend his own money on a toys and souveniers, he gets to witness thier value first hand. He also gets to learn about how good it feels to give and it provides me with a chance to teach him about how fortunate he is. I think it helps to teach kids about money early and often too. My six year old son has had three money jars for a couple of years now: Give, Save, Spend.

Each week I pay him five quarters for helping around the house (folding towels, putting away his clothes after I fold them, making his bed every day, cleaning his room, and his newest chore, dragging the empty trash and recycle bins back from the curb.

The five quarters are split thusly: two for save, two for spend and one for give. ‘Save’ is for college, ‘Spend’ is for souveniers on trips (such as our pending Disney World expedition this April), and ‘Give’ is for a christmas present for the annual Police Toy Drive (we have a 401Dad program where I match his give amount).

When he gets to spend his own money on a toys and souveniers, he gets to witness thier value first hand. He also gets to learn about how good it feels to give and it provides me with a chance to teach him about how fortunate he is.

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