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While the holidays are a magical time for families with young children, they can also be a time of financial stress.  The additional expenditures for holiday means, trips, decorations, and, of course, presents will challenge most household budgets.

Children often unwittingly contribute to this stress by making long costly lists of consumer demands.  And, why not?  After all, Santa Claus is footing the bill, so why not take advantage of this cash cow?

Parents are saddled with a tough choice.  Do they "fess up" so that they can explain the constraints of family income on gift giving?  Or, do they delay the inevitable disappointment that comes when gifts aren't under the tree?

 
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