If you get the newest computer every six months, they will want the new Nintendo. If they see you being smart with a dollar, they just might learn that, too. There are scores of ways to have fun with your kids, teach them positive values, and still save money. It is probably safe to say that it was not some prefab, store-bought costume, but rather a homemade, creative masterpiece. Keep that in mind as you strive to give your kids the best without teaching them the worst.
Art projects are a fine example.
Children love to make art, to express themselves with pictures when words may be hard to find. Add some scissors, glitter, string, markers, beads, and buttons, and you have an afternoon of relative peace and quiet. Anything can be a part of a work of art. Other great, inexpensive activities include Cooking and baking. By incorporating children into your kitchen activities, you kill two birds with one stone.