Helping kids and others learn about money management
I wrote a thread here a while ago that deals with this topic, but much less explicitly so, titled "Memo to Randy 427 (and others with kids)" but as it was not obviously so ... I am initiating this one.
It encourages people to consider that they are running a business, with employees ... the employees being dollar bills.
But the nice thing about these employees is that they don't ask for pay ... in fact, they bring home a paycheque for their employer, as long as s/he hangs on to them, with the employer's task to manage the employees' work effectively.
If the kid sends the Dollar (or two) out to buy ice cream ... the ice cream tastes great ... but that employee worked for its employer only once and is forever gone (to work for someone else, or, probably, several others).
I hope that during this week you find something new and interesting about your life, family, friends and/or community.
Here is a link that might be useful: A fresh perspective on managing money