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

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

B.C. Finance Minister Selina Robinson outlines the province’s three-year budget in Victoria, April 20, 2021. (B.C. government video)
B.C. deficit to grow by $19 billion for COVID-19 recovery spending

Pandemic-year deficit $5 billion lower than forecast

This Earth Day, Cowichan Valley residents are being asked to clean up where they are. (File photo)
Cowichan ‘Clean Where You Are’ campaign starts on Earth Day

Take a bag, one glove, long tongs, and go pick up!

City of Duncan considering an average 3.51 per cent tax increase for 2021. (File photo)
Duncan considers average 3.51% tax increase for 2021

Homeowners would see a $43 increase over last year

North Cowichan councillor Kate Marsh. (File photo)
North Cowichan postpones decision on cell tower placement

But cell tower policy may be developed soon

B.C. provincial health officer Dr. Bonnie Henry speaks at a press conference Monday, April 18. (B.C. Government image)
New COVID-19 cases tick down on the central Island

New cases held to single digits three days in a row

FILE – NDP Leader John Horgan, right, and local candidate Mike Farnworth greet one another with an elbow bump during a campaign stop in Coquitlam, B.C., on Friday, September 25, 2020. THE CANADIAN PRESS/Darryl Dyck
B.C. won’t be using random individual road stops to enforce travel rules: Safety Minister

Minister Mike Farnworth says travel checks only being considered at major highway junctions, ferry ports

A man pauses at a coffin after carrying it during a memorial march to remember victims of overdose deaths in Vancouver. THE CANADIAN PRESS/Darryl Dyck
B.C. announces historic half-billion-dollar funding for overdose crisis, mental health

Of it, $152 million will be used to address the opioid crisis and see the creation of 195 new substance use treatment beds

Cannabis bought in British Columbia (Ashley Wadhwani/Black Press Media)
Is it time to start thinking about greener ways to package cannabis?

Packaging suppliers are still figuring eco-friendly and affordable packaging options that fit the mandates of Cannabis Regulations

Children’s backpacks and shoes are seen at a CEFA (Core Education and Fine Arts) Early Learning daycare franchise, in Langley, B.C., on Tuesday May 29, 2018. THE CANADIAN PRESS/Darryl Dyck
B.C. budget to expand $10-a-day child care, but misses the mark on ‘truly universal’ system

$111 million will be used to fund 3,750 new $10-a-day spaces though 75 additional ChildCareBC universal prototype sites over the next three years.

Mak Parhar speaks at an anti-mask rally outside the Vancouver Art Gallery on Sunday, Nov. 1, 2020. Parhar was arrested on Nov. 2 and charged with allegedly violating the Quarantine Act after returning from a Flat Earth conference held in Geenville, South Carolina on Oct. 24. (Flat Earth Focker/YouTube.com screenshot)
Judge tosses lawsuit of B.C. COVID-denier who broke quarantine after Flat Earth conference

Mak Parhar accused gov, police of trespass, malfeasance, extortion, terrorism, kidnapping and fraud

Ambulance paramedic in full protective gear works outside Lion’s Gate Hospital, March 23, 2020. Hospitals are seeing record numbers of COVID-19 patients more than a year into the pandemic. (The Canadian Press)
B.C.’s COVID-19 infection rate declines, 849 cases Tuesday

Up to 456 people now in hospital, 148 in intensive care

Christy Clark, who was premier from 2011 to 2017, is the first of several present and past politicians to appear this month before the Cullen Commission, which is investigating the causes and impact of B.C.’s money-laundering problem over the past decade. (Darryl Dyck/Canadian Press)
Christy Clark says she first learned of money-laundering spike in 2015

The former B.C. premier testified Tuesday she was concerned the problem was ‘apparently at an all-time high’

Most Read