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December 05, 2007

Money is useless!

david

The other day, I overheard my 7-year old son telling my 9-year old daughter that he's learned that money is useless. His reasoning? "Even though I have money, mommy won't let me buy Pokemon Click here to learn about third-party website links cards at the store!"

Hmmm. That's not exactly the lesson we were trying to impart.

So, my question to all of you out there is, how did you learn about money management? Was it from your parents, a friend, or a class? Was there something someone told you that stuck with you, or did you learn by trial and error? I'm all ears (or eyes) - obviously, I could use a little help with this!

Comments

Actually, money is totally unnecessary for survival as a human. You can just give up everything you have and hunt and gather for yourself. You know, so long as you don't get shot for trespassing.

Learning about money is a lifelong process. Having said that, my parents taught me better-than-average money management skills. This often means living somewhat beneath my means, and using debt cautiously.

understanding how monetary policy works on a global scale will leave you scratching your head, not in confusion but in disgust. we in our presant world have no money, none at all, even if your are "rich" all of the world's money comes from debt and debt=money is illogical.

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