I like this list because it covers children of any age, even up to adult children. (Hint: think "I do") See bankrate.com's list of 5 ways we blow money on our kids unnecessarily here. I could add one to the list.

Kids birthday parties. Does anyone remember mom making a cake and having a few friends over your house for a party? Today it's 30 kids and a rented out laser tag emporium or bounce house facility for over 400 dollars. Oh here's another one. Does every kid have to have a cell phone now and a TV in their room before they are even teenagers?