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      Money Talks News: Why It's OK to Say No to Your Child

      Whether you just can't resist their little faces, or they beat you down until you say "yes," kids have a way of making it hard to say "no."

      Parents always want to give their kids as much as they possibly can. But sometimes their wishes conflict with your budget. In those situations, it's OK to say "no."

      In fact, some psychologists recommend it. It helps them build character. Here are some tips on how to go about saying "no" to your kids.

      First -- activities. They can cost a ton. Solution? Offer alternatives.

      We can't play baseball this season, but we can go to the park.

      Next -- begging at the store.

      Explain before you go, what you're there to get: and that this trip won't not involve something for them.

      But offer to take them another day so they can use their own money to buy something.

      Nobody wants to be the "bad guy." So what you want to do is ask the child why they want what they want and explain why it's just not possible right now.

      The key is to be positive, but firm.

      Another common time to say "no:" on vacation. Kids naturally ask for things when you're on vacation.

      So let them know before you go that you budgeted for the trip so the family could spend time together.

      That reinforces that experiences are more important than things. And finally, asking for money. Give them an allowance. Let them manage it on their own.

      Bottom line... sometimes parenting can be a little tough to bear.

      But as long as you're positive, honest and realize that it's OK to say "no" and it's actually going to help them, you're going to come out ahead. If you need more advice, it's waiting for you right here.

      Just go to and search for "Saying no."

      For Money Talks News, I'm Stacy Johnson.