What do your kids want? Wish lists expand as product availability grows. The more there is, the more they “need.” The bigger the item, the better. Kids feel constricted to the no-fun zone when they lack the trendiest toys. They could do so much more if they only had the money. Maybe you know the feeling.

The good old days of a continually soaring economy have been replaced by financial ups and downs. As companies downsize, families are forced to adjust expectations. Help your kids see that putting food on the table and living in a warm home are not rights, but privileges. Talk about those who have far less than they do. Remind them that the brand-new vehicles and latest technological gadgets will have to wait.

Thriftiness goes against the flow, and you can’t convincingly make the case if you’re pushing your credit to the limits. The “let’s make do” message rings false if you’re grabbing all you can with both hands. Teach your children that satisfaction exists apart from possessions and plans for the future. Credit companies highlight what you’ll be getting, not what you’ll owe.

Graphically show your children the high cost of buying with borrowed money. At the mall, pick up the shoes they’ve been begging for. Offer to lend them money to buy them. But explain that you’ll charge interest, which means they’ll pay double or triple for the same pair of sneakers. Isn’t it better to save for what you want rather than buying before you can afford to?

Live happily on less than you earn and you’ll understand contentment. Cash never brings joy, but being satisfied with God’s good gifts does. Teach your kids that it’s not only possible but preferable to stretch money until it snaps—and then some.