by Mary Jo Rapini, MEd, LPC

I had just turned off the evening news and was on my way to the kitchen to begin dinner when Lizzie ran up to me, grabbed my waist and with very serious eyes, looked up to me and asked me this question. "Mommy, what if Santa can't afford Christmas this year?"

Lizzie had been in earshot of the evening news and no doubt heard enough of the financial woes and was concerned. I hesitated, not wanting to scare her, but also not wanting to lie to her. Her father and I had expressed concern about bills, the holidays, and taxes--all of which may have contributed to Lizzie's question and concern. I wasn't sure what a 7-year-old should be told; but since I had always prided myself in open discussion, I decided to take the time and talk with Lizzie in an effort to answer her question.

You don't have to be a news buff to be aware that times are tough right now. Protests are happening in every country including our own, news of banks making money but still charging a checking fee for customers; and there is fighting between politicians with ranting and raving depending on where their support dollars are coming from. It's crazy, and on a more basic level, every household is trying to re-budget and pay back debt. Many of those households are full of children with holiday wish lists longer than your credit card receipts.

Parents with children such as Lizzie will be more effective at teaching their children the true meaning of the holidays, the depth of family love, and mentoring responsible spending if they take these sorts of questions seriously. Lizzie asked a serious question in her 7-year-old mind.

Here are five important tips that can be used again and again as the holidays grow closer.

1.    Santa has nothing to do with money. Santa is about feeling loved and cared for. The toy you love most, and that will make you feel most loved, is the one Santa will try his best to get. It is important that as a parent, you help guide your child with gift requests. If you know your child wants a $100 toy, and you can only afford $50, then suggest another toy that would make your child feel just as loved. Don't do this in a critical manner, but in a loving, supportive manner. Something such as this, "I know you want that toy, but that is so much money for one toy. What other toy could you get that would make you feel just as loved?" If you do this with a loving tone of voice, you are teaching compassion, understanding, and problem solving.