My Son Answers 10 Questions About Money
May 28, 2009 by Miranda Marquit
Filed under Finance
Over at Gather Little By Little, Stew asked his kids some questions about money, and shared their answers. I thought it was such a fun idea that I brought my son in and asked him 10 questions about money, just to see what he would say. My son is six, and it will be fun to see how his answers compare to Stew’s kids’. Of course, I worry that he’s done a better job of teaching his kids about money…
- What is money? It’s dollar.
- How do we get money? From the bank.
- What do we use money for? Buying stuff.
- How much money does mommy and daddy have? $1,000.
- What is a person called who has lots of money? A bank.
- What is a person called who doesn’t have much money? Me.
- What is something good to spend money on? Buying food.
- What is something not good to spend money on? I can’t think anything.
- What should you do if you didn’t have enough money to buy something? Get more from the bank.
- What would you like to save your money up for? A toy backhoe.
My favorite answer is #6. Classic.
Clearly, I need to do a better job of teaching my son about where money comes from, and what he needs to do to earn it. It doesn’t just magically appear from the bank. He understands that I give him an allowance, and he does save up money, but clearly we’re missing a few steps.
Do you know what your kids think about money?
image source: Miranda Marquit
I don’t think you have done a bad job teaching him about money – he’s just a little guy still. I liked that he thinks a person with a lot of money is a bank!
LOL. I liked that, too. At least these gives me a good idea of the areas we need to work on. And thank you for inspiring the post!