In what I view as one of the most irresponsible things I have read in a long time in a personal finance magazine, this month’s Kiplinger’s magazine has an article encouraging parents to actually stock up on toys this year because next year they might be more expensive due to tougher safety regulations. Huh? So I should go out and stock up this year on potentially lethal toys to give to my kids next year instead of waiting for the tougher rules to take place? Just to save a few dollars? Glad you are aren’t my parent!
I don’t know about you, but this is an example of “frugality” gone horribly wrong. Heaven forbid the toys you wait to buy next year cost 10% more because “manufacturers and retailers pass on the costs of more-demanding safety checks in the wake of last summer’s massive recalls involving millions of toys, most made in China”. Since when is saving money more important that our kid’s safety?
That’s just stupid.