What is it about?

This research explores how the idea of 'overindulging' children may be associated with impulsive buying or lack of restraint when making purchasing decisions as adults. Impulsive buying, in turn, can lead to overuse of credit cards and eventually a pile-up of consumer debt.

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Why is it important?

Children learn about managing money from young ages. Those patterns can last a lifetime. Parents can shape those patterns by being aware of how certain parenting behaviors can contribute to their children's effective or ineffective money management skills as adults.


Parenting is difficult, especially saying 'no' to our children. This research helps parents see that overindulging children can actually set a pattern for less constraint in financial decision-making in adulthood. This 'tough love' idea actually helps children in the long run though it may be difficult in the moment.

Catherine Solheim
University of Minnesota System

Read the Original

This page is a summary of: The Link Between Childhood Overindulgence and Adult Financial Behaviors, Journal of Financial Counseling and Planning, January 2016, Springer Publishing Company, DOI: 10.1891/1052-3073.27.1.80.
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