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

Victoria police investigating chop-shop found in Beacon Hill Park

Police asking public to register bikes with them in case lost or stolen

Island Health issues Victoria overdose advisory

Health authority warns of increase in overdoses from opioids and stimulants

Saanich makes ALC appeal for Prospect Lake Elementary parking, portables

Council votes in favour of seeking non-farm use designation

Central Saanich council spills plans for alcohol in public parks

Local expert Adam Sherk praises decision, warns of liberalization

Recent surge in COVID-19 cases not unexpected amid Phase Three of reopening: B.C.’s top doc

Keep circles small, wear masks and be aware of symptoms, Dr. Bonnie Henry says

Greater Victoria Crime Stoppers wanted list for the week of July 13

Greater Victoria Crime Stoppers is seeking the public’s help in locating the… Continue reading

B.C. NDP changing WorkSafeBC regulations to respond to COVID-19

Employers say reclassifying coronavirus could be ‘ruinous’

Statistical flaws led to B.C. wolf cull which didn’t save endangered caribou as estimated

Study finds statistical flaws in an influential 2019 report supporting a wolf cull

Beloved Island woman dies at 106

Dorothy Adair adored by the many people she met in Chemainus in two short years

Man arrested for allegedly pushing unsuspecting seniors, jumping on cars at Parksville mall

Cops arrest man after ‘aggressive incident’ at Wembley Mall in Parksville

B.C. man who went by ‘Doctor Ray Gaglardi’ charged with sex assault of teenage boys

The man, 75, is accused of assaulting teenage boys he met through Coquitlam-area churches

B.C.’s potential deficit $12.5 billion as spending spikes, taxes drop

Finance Minister Carole James gives COVID-19 outlook

Canadians torn on scaling back COVID-19 benefits to save money: poll

Of those surveyed, 78 per cent said they were worried about the size of the deficit

Most Read