Thursday, September 16, 2010

Children and Fashion

Sue Shellenbarger reports on how some parents are teaching their children prudence and economy.
Now, amid tight household budgets and a growing belief that today's youth will face a lasting drop in their standard of living, many parents are working to reshape children's expectations. The result is "a massive, painful shift" in behavior, as kids learn to economize or work to pay for consumer goods they want, says Jason Dorsey, an Austin, Texas, consultant to employers on intergenerational issues.