It is important to teach your child the value of delaying a purchase, not impulsively buying an item just because he wants it. Show your children that you are saving every week for experiences such as vacations, or other big-ticket items such as a car. Let them see that when you are in a store, you may look at items to buy, but when you don’t need it right now, you decide not to buy it. Experts say that children learn by observation. If you believe in delaying purchases and not using your credit card to buy something that you do not have cash to pay for, your children will begin to do the same.