#CBS12Convo: Spending money on your kids

#CBS12Convo: Spending money on your kids. (MGN / Walmart)

Children can be expensive, but as parents, it's our job to make sure they have everything they need.

But maybe sometimes we confuse "need" with "want" and end up spending a ton of money on our kids.

It's normal for families to have a budget for the household: money for bills, groceries, emergency funds, etc.

For parents who spend hundreds of dollars on their kids regularly, should they add those funds to the budget as well?