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Jul 05, 2023

Woman shamed by credit card reader

There's nothing wrong with buying generic products instead of brand names. A dad with $5 in his wallet Even though parents may try to shield their children from tough topics such as economics and

There's nothing wrong with buying generic products instead of brand names.

A dad with $5 in his wallet

Even though parents may try to shield their children from tough topics such as economics and social status, they develop their own sense of them as they age. Studies show that children as young as 5 know the difference between being poor, middle-class or wealthy.

By age 11, children are fully conscious of brands and see them as the “dominant feature in their product categorization compared with other perceptual attributes.”

A father was recently embarrassed by his 11-year-old daughter at the supermarket when she called him out for buying generic products instead of brand names. He shared the story on Reddit’s Mildly Infuriating forum, where many commenters shared advice on teaching preteens about household economics.