My son asked for a Nintendo Wii for his birthday but has to make do with a set of LEGO because now is not the time to splurge on gifts that cost so much. He understands and gladly take the LEGO set.
However, we assured him that we will definitely get a set if we can afford it. Moreover, if he is getting one, we also need a lot of wii accessories and when we have more moolah, then we can get them all.
I thankful for a little boy who knows what being frugal means and does not whimper and whine when we explain things to him.