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Holidays present a teaching moment on spending for kids

13 hours ago ago from Washington Post - Business

Consumers are still hunting for holiday bargains, and parents still want to cut back on their children's wish lists and expectations. Here's my advice on how to put Santa on a budget. -- Be honest with your children if you're worried about your finances or are in danger of losing your job. You don't have to overwhelm them with details of your family's balance sheet. But it helps to clear the air about what you can and can't afford this ...

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