Listen and communicate.
First, deeply understand the needs of children. Why do they like this project? Do you really have to have it? Is it in line with the family budget? Share your thoughts and concerns with your children and discuss the real value of this item together.
Cultivate the concept of financial management
If the item is really necessary, you may wish to plan a purchase plan with your child. Perhaps, they can exchange pocket money or housework for extra bonuses to realize their wishes. In this way, children not only learn to cherish, but also cultivate a sense of financial management.
Education and guidance
If the items are unnecessary or exceed the family budget, tell your child frankly why. It may be a good choice to put it on hold until the economic conditions are better. It is important to teach children how to use money wisely and distinguish between necessities and non-necessities.