How can I avoid being a mark next time?
You got gamed by a 3-year-old! Pre-schoolers are exceptionally attuned to unfairness, of course, but they’re also very good at figuring out that appealing that unfairness is a great way to get what they want. Here, your child, introduced for the first time in these late-pandemic days to the wonderland that is a toy store, found a way to get more out of you. Congratulations to that kid.
The answer to this problem is to give your 3-year-old an allowance, the same as you do your 8-year-old. As family finance guru Ron Lieber has written, pre-schoolers are totally capable of delineating between wants and needs, and the best time to start an allowance is the instant a kid starts being interested in money. And boy, is your child now interested in money! Use the next trip to the toy store as a chance for that 3-year-old to make it rain with all the Washingtons they’re about to accrue.
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