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Given the choice, children who don't want for anything…

“Given the choice, children who don't want for anything will not save... We have an obligation as parents to give our children what they need. What they want we can give them as a special gift, or they can save their money for it.” quote by Barbara Coloroso
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“Given the choice, children who don't want for anything will not save... We have an obligation as parents to give our children what they need. What they want we can give them as a special gift, or they can save their money for it.”

Barbara Coloroso

About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

Parents must provide essential needs, while optional desires can be gifts or saved for, teaching responsibility.

In simple terms: Give children necessities; treat wants as gifts or savings lessons.

Key Takeaway

Balance provision with teaching financial responsibility.

Themes

parenting responsibility financial literacy

Mood

practical educational

Type

parental financial

When to use this quote

  • family budgeting
  • educational games
  • allowance systems
  • goal setting

Key Concepts

need vs. want gift economy future planning

Questions to Reflect On

  • How can you teach value without material gifts?
  • What strategies teach saving habits?
A Different Perspective

Overemphasis on gifts may foster entitlement.

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