7/23/09

Economics

Micci's been losing teeth left and right this summer. And in our house the tooth fairy is generous (with both money and fairy dust) and so Mic wakes up with a dollar under his pillow.

Now, Micci's been saving up for some more cards for his Dinosaur King trading card game. They are about 4 dollars a pack, maybe 5 total with tax. Well, we went out to Cici's the other day for dinner. It's a pizza/salad/pasta buffet that the kids love...it also has a small game room. It has a crane game that dispenses candy (kids love this one). And of course arcade games...which they usually can't play because we're not going to give them quarters to pretty much throw away.

With his wallet "full" of money to buy some new cards, he entered the game room and went a little nuts and spent all his 5 dollars. Next was a hard lesson in economics and budgeting. He, of course, realised he no longer had the money to buy his cards and WE, as his parents, weren't going to give him money to buy the cards.

He knows that the only way he can earn money is by doing chores around the house, so promptly he asked us what he could do this week to earn the money back that the spent.

Mic also no longer wants to go to Cici's. "I go crazy there and spend all my money!"

Lesson learned.

Labels: Kid Antics, kid pics

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