A survey conducted by OnePoll commissioned by Slick Deals - a platform that shopping with kids is more like pulling teeth than shopping without them.
And the survey published in January 2023 - which included two thousand Americans with children - found that out of every 3 children shopping with their children, the cost of individual shopping is about 133, while the average shopping with children is 179.
The global economic crisis that exhausted the international economic crisis? How can their unlimited desires be legalized?
Talking to children about the ideal spending method and disciplining their purchasing behavior is one of the proposed solutions. A recent study conducted by the “Personal Capital” company on adults about the financial future and the factors affecting it found that talking to parents about financial problems and turmoil can have a positive effect on the financial future of their children.
The study revealed that people whose parents talked to them about financial crises or the possibility of them occurring were 72% more likely to be in good financial shape now than those whose parents did not talk to them (65%).
Only 40% of those surveyed said that their parents had talked to them about financial crises or a possible economic recession.
The same study indicated that there is a strong link between parents' spending style and their children's financial future, as children are affected by purchasing habits such as excessive spending or saving money and regulating its use. More inclined to emulate disciplined spending habits.