Truth Frequency Radio
Oct 29, 2014

www.marketwatch.com_2014-10-29_17-48-29MarketWatch

Gummy bears and M&Ms won’t cut it this Halloween. Kids want you to open your wallet.

More than half (53%) of parents of trick-or-treaters say their children between the ages of 4 and 10 would prefer cash over candy or even toys, according to a survey of 1,747 parents who celebrated Halloween carried out by coupon- and discount-code website Vouchercloud.net.

What’s more, two-thirds of parents (67%) said their children behaved worse this time of year and 51% said their kids got “out of control” during the holiday. Nearly half of parents confessed that their children “threw more tantrums” (48%), “answered back more” (43%) and “stayed out too late” (41%). (The survey also found that parents with young children spent around $214 on Halloween last year.)

“I’d be disgusted if a child asked for money instead of candy,” says Pamela Eyring, the president of etiquette school The Protocol School of Washington, D.C. It’s important for parents to give their children instructions about being polite to neighbors and to be grateful for what you receive, she says. Some people may not have candy and give dollar bills instead, she adds, creating an expectation that they could receive cash. “I would never have let my kids ask for money,” Eyring says. “If you get a dollar, that’s a great bonus, but don’t ask for it.” But for some younger children, candy is money. “For little kids who don’t have an understanding of money, candy has negotiating power when they go to school.”

Also see: 10 things candy makers won’t tell you

But the desire for cash may actually bode well. Children as young as 4 understand that they need to pay for merchandise, even if they don’t fully grasp that coins have different values, and by the time they are 5 or 6 years old they begin to comprehend that some coins are not worth enough to buy certain items, according to a 2013 study by researchers at Cambridge University in the U.K. By ages 6 to 7, most children know about different denominations of coins, and the basic concept of earning and spending money. In fact, to help children understand money, “it recommends situations need to be constructed so that the child experiences the process or idea rather than just being told about it.”

And as for acting out? “Kids are bound to go a bit crazy at Halloween,” says Matthew Wood, managing director at Vouchercloud. “In fact, many adults do, too. A few tantrums and a missed curfew isn’t the end of the world.” It could be the party atmosphere, staying up past their bedtime or eating too much candy. Although the question of whether excessive sugar really makes children hyperactive is still debated among researchers. One of the largest studies on the subject published in The Journal of the American Medical Association found that “sugar does not affect the behavior or cognitive performance of children. The strong belief of parents may be due to expectancy and common association.”

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