AirPods, a wireless set of headphones. (Apple photo)

VIDEO: The perils of indulging teenagers’ wish lists

Tech items like AirPods come with adult prices, but increasingly target teenage consumers

The challenge for many parents during the holidays is how to manage extravagant gift expectations if they’re not in the budget.

The reality is that many families can’t afford big-ticket gifts, especially tech items with adult prices that are increasingly targeting teenage consumers.

AirPods are becoming an increasingly sought after wish list item, especially amoung teens. The wireless devices run as high as $329 for the latest version.

Parenting expert Ann Douglas says parents must decide whether their teen is mature enough to take care of such easily misplaced items.

Douglas says to consider this a teachable moment, especially if their teen has their heart set on something that stretches the family finances.

Know your financial means and the imperatives guiding those spending decisions: Do you want to prioritize experiences instead of things?

If it involves technology, what usage restrictions — if any — will that gadget come with?

What message do you want to send about consumerism in general? Be realistic about what you can afford and don’t be afraid to involve the kids.

Another tip is getting teens to whittle their wish list into a handful of choices ranked in order of their must-have imperative. This would allow other family members to contribute and share the costs, and it forces the teen to weigh the pros and cons of each item.

KEEP READING: Millennial Money: How procrastinators can win at gift-giving

It forces them to examine how they plan to use the gift, and honestly evaluate whether they want it now or are willing to wait and help save for it.

The Canadian Press

Like us on Facebook and follow us on Twitter

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Cody Dennis Memorial Game returns to Blackfalds for 16th year

Memorial game raises funds for Blackfalds Minor Hockey

Lacombe’s Cow Patti Theatre, LPAC team up for youth production of ‘Much More Munsch’

Youth ages 8-17 have been rehearsing original play since November

PHOTOS: Lacombe’s Nowco Home Hardware donates to Safe Harbour Society

Two large loads of warm clothing, mitts and McDonald’s gift cards donated

Lacombe County, Summer Village of Gull Lake sign Intermunicipal Collaboration Framework

Agreement specifies what and how services are funded and delivered

Wolf Creek Public Schools board meeting – Jan. 16, 2020

MLA Luncheon, Poverty Simulation, Rock the Diploma and more discussed

VIDEO: Nickelback gears up for nostalgia tour

Canadian band joins Stone Temple Pilots for a summer tour that includes just one stop in Canada

Energy companies owe more than double the tax to Alberta municipalities

Survey says communities are owed $173 million — up 114% since last spring

No gondola from Banff to Mount Norquay, feds say

Parks Canada dismisses proposal for gondola, Grizzly Pavilion and boardwalks

U.S. officials confirm first case of Wuhan coronavirus near Seattle

The U.S. is the fifth country to report seeing the illness

Nine times lucky? Alberta’s Northern Cree takes another shot at Grammy gold

The group originates from the Saddle Lake Cree Nation in northern Alberta

Tax revolt? Unpaid taxes from energy companies to Alberta towns more than double

The association says they are owed a total of $173 million

New post-secondary funding model in Alberta tied to performance measures

By 2022, up to 40 per cent of post-secondary funding could be linked to performance

Alberta bulldog breeder ordered to refund B.C. buyer over puppy’s behaviour

Tribunal ruled a verbal agreement to send a new dog superseded the written contract

Most Read