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Don't Buy These Gifts For Your Kid

Are you wondering what to get your child this Christmas?   As a parent, you don't want to make a mistake, not only wasting your money, but wasting a good opportunity to teach them an important lesson.  MSN Money is out with "Eight Gifts You Shouldn't Buy Your Kid".  Here are a few of them, and why:

• Your child may be bugging you to buy them a cell phone for Christmas.  Don't give in.  Why?  Your child is probably willing to do almost anything for one, including work for it.  Buy them a phone, and you've blown what could have been a great teaching tool.
• Pets are also a bad gift, especially one that can live for a long time.  When they go off to college, guess who's going to have to take care of it?
• Anything collectible that you may think it'll be worth a lot of money someday.  Chances are it won't, unless it's rare and expensive to begin with.
• Don't buy a replacement gift.  If your child broke or lost something expensive, don't rush out to replace it.  That won't teach them to be responsible.

The bottom line is, you want to buy a gift that your child wants, but you don't want to give them something that teaches them the wrong lesson.
 
Click here for all "Eight Gifts You Shouldn't Buy Your Kid".