The Economic Times

Psychology explains why parents keep old toys for years even when they are broken, unused or no longer needed

Old childhood toys are more than just relics; they symbolize treasured memories for parents. Each piece evokes personal stories and significant moments in family life, creating a web of nostalgia. This emotional attachment often leads to the endowment effect, making it tough for many to part with these keepsakes. By holding onto these toys, parents preserve the essence of meaningful experiences and their familys shared history.