Parents: do kids learn about $$$ in school?

[dharmagirl]

You make excellent points XBoxBoy. Loved the popsicle story. Reminds me of a study on delayed gratification I read ages ago in and from what I remember kids are given the choice of something like 1) a whole donut right now, or 2) wait 20 minutes and have 2 donuts. If I remember correctly, the kids who snarfed down the donut right away were upset that they didnt get a second donut later. Sounds like highly leveraged home owners, eh?

Anyway, apart from feeling glum about the state of the world on this rainy day, I still maintain that if kids are required to take P.E. – which does not guarantee they will be athletes or live healthy lifestyles – they should also learn basic money management in school.

However, people dont stay at jobs for 35 years anymore. And we certainly dont take comfort in the fact that employers will “take care” of us.

[blue_sky]

I learned a lot of money management from video games. I think this is a highly underrated method of indirect learning btw. Games like Sim City, Railroad Tycoon, etc were great for that.

[blue_sky]

I learned a lot of money management from video games. I think this is a highly underrated method of indirect learning btw. Games like Sim City, Railroad Tycoon, etc were great for that.

[blue_sky]

I learned a lot of money management from video games. I think this is a highly underrated method of indirect learning btw. Games like Sim City, Railroad Tycoon, etc were great for that.

[blue_sky]

I learned a lot of money management from video games. I think this is a highly underrated method of indirect learning btw. Games like Sim City, Railroad Tycoon, etc were great for that.

[blue_sky]

I learned a lot of money management from video games. I think this is a highly underrated method of indirect learning btw. Games like Sim City, Railroad Tycoon, etc were great for that.

[dharmagirl]

Hi Carli,

I dont envy that situation. What concerns me about the hyper-materialistic kids I know is that they wont’ be able to maintain a lifestyle provided by their parents which includes Chanel sunglasses, $200 jeans and Gucci purses. Not unless they learn to suckle at the teats of Visa and Mastercard.

Most teenagers I know today – like I was at that age – are obsessed with having cool clothes, hair, music, etc.

However, the difference that I see is that many of these kids EXPECT nice things and feel ENTITLED to them. None of the 15 yr old kids I know would work 40 hours a week – all summer long sweating it out over sandwiches in a place without a/c – just to pay for wants (not needs).

A friend visited recently with her 15 yr old daughter. The kid refused to use the Pantene shampoo in our guest bath because it wasn’t “product.” She said “hey mom, gimme your credit card so I can buy some shampoo.”

Her mom buys her $28 shampoo.

Aaaaaarrrrrgggghhhhh….

[dharmagirl]

Hi Carli,

I dont envy that situation. What concerns me about the hyper-materialistic kids I know is that they wont’ be able to maintain a lifestyle provided by their parents which includes Chanel sunglasses, $200 jeans and Gucci purses. Not unless they learn to suckle at the teats of Visa and Mastercard.

Most teenagers I know today – like I was at that age – are obsessed with having cool clothes, hair, music, etc.

However, the difference that I see is that many of these kids EXPECT nice things and feel ENTITLED to them. None of the 15 yr old kids I know would work 40 hours a week – all summer long sweating it out over sandwiches in a place without a/c – just to pay for wants (not needs).

A friend visited recently with her 15 yr old daughter. The kid refused to use the Pantene shampoo in our guest bath because it wasn’t “product.” She said “hey mom, gimme your credit card so I can buy some shampoo.”

Her mom buys her $28 shampoo.

Aaaaaarrrrrgggghhhhh….

[dharmagirl]

Hi Carli,

I dont envy that situation. What concerns me about the hyper-materialistic kids I know is that they wont’ be able to maintain a lifestyle provided by their parents which includes Chanel sunglasses, $200 jeans and Gucci purses. Not unless they learn to suckle at the teats of Visa and Mastercard.

Most teenagers I know today – like I was at that age – are obsessed with having cool clothes, hair, music, etc.

However, the difference that I see is that many of these kids EXPECT nice things and feel ENTITLED to them. None of the 15 yr old kids I know would work 40 hours a week – all summer long sweating it out over sandwiches in a place without a/c – just to pay for wants (not needs).

A friend visited recently with her 15 yr old daughter. The kid refused to use the Pantene shampoo in our guest bath because it wasn’t “product.” She said “hey mom, gimme your credit card so I can buy some shampoo.”

Her mom buys her $28 shampoo.

Aaaaaarrrrrgggghhhhh….

[dharmagirl]

Hi Carli,

I dont envy that situation. What concerns me about the hyper-materialistic kids I know is that they wont’ be able to maintain a lifestyle provided by their parents which includes Chanel sunglasses, $200 jeans and Gucci purses. Not unless they learn to suckle at the teats of Visa and Mastercard.

Most teenagers I know today – like I was at that age – are obsessed with having cool clothes, hair, music, etc.

However, the difference that I see is that many of these kids EXPECT nice things and feel ENTITLED to them. None of the 15 yr old kids I know would work 40 hours a week – all summer long sweating it out over sandwiches in a place without a/c – just to pay for wants (not needs).

A friend visited recently with her 15 yr old daughter. The kid refused to use the Pantene shampoo in our guest bath because it wasn’t “product.” She said “hey mom, gimme your credit card so I can buy some shampoo.”

Her mom buys her $28 shampoo.

Aaaaaarrrrrgggghhhhh….

[dharmagirl]

Hi Carli,

I dont envy that situation. What concerns me about the hyper-materialistic kids I know is that they wont’ be able to maintain a lifestyle provided by their parents which includes Chanel sunglasses, $200 jeans and Gucci purses. Not unless they learn to suckle at the teats of Visa and Mastercard.

Most teenagers I know today – like I was at that age – are obsessed with having cool clothes, hair, music, etc.

However, the difference that I see is that many of these kids EXPECT nice things and feel ENTITLED to them. None of the 15 yr old kids I know would work 40 hours a week – all summer long sweating it out over sandwiches in a place without a/c – just to pay for wants (not needs).

A friend visited recently with her 15 yr old daughter. The kid refused to use the Pantene shampoo in our guest bath because it wasn’t “product.” She said “hey mom, gimme your credit card so I can buy some shampoo.”

Her mom buys her $28 shampoo.

Aaaaaarrrrrgggghhhhh….

[carli]

dharmagirl,

You are absolutely right that the difference is now kids feel ENTITLED to this stuff! It baffles me. That story about $28 shampoo epitomizes the issue.

I remember that when we moved into our neighborhood about 5 years ago, we were introduced to some neighbors and their 15-year-old son, and I said something like, “oh, great, it’s good to know that there’s a teenager in the neighborhood…maybe we can hire you to water our plants and pick up the mail when we go away.” This suggestion was met with complete silence and a blank stare, and when I looked back on the conversation, I felt so stupid and out of touch! I realized that this kid has no intention of ever doing a menial job like that, nor do many kids his age.

I hate to keep saying, “when I was a kid…”, but WHEN I WAS A KID, I would’ve tripped over both my sisters trying to get a job like bringing in the mail for the neighbors or watering plants. Anything like that was great for making a few easy bucks! This kid, who now at age 20 drives a new SUV (that mom and dad probably bought for him), still probably doesn’t stoop so low as to have some silly summer job, making his own money, and why would he when it’s handed to him by mom and dad, plus he can get whatever else he wants on his (or perhaps their) credit cards.

When did everything become so out of whack?

[carli]

dharmagirl,

You are absolutely right that the difference is now kids feel ENTITLED to this stuff! It baffles me. That story about $28 shampoo epitomizes the issue.

I remember that when we moved into our neighborhood about 5 years ago, we were introduced to some neighbors and their 15-year-old son, and I said something like, “oh, great, it’s good to know that there’s a teenager in the neighborhood…maybe we can hire you to water our plants and pick up the mail when we go away.” This suggestion was met with complete silence and a blank stare, and when I looked back on the conversation, I felt so stupid and out of touch! I realized that this kid has no intention of ever doing a menial job like that, nor do many kids his age.

I hate to keep saying, “when I was a kid…”, but WHEN I WAS A KID, I would’ve tripped over both my sisters trying to get a job like bringing in the mail for the neighbors or watering plants. Anything like that was great for making a few easy bucks! This kid, who now at age 20 drives a new SUV (that mom and dad probably bought for him), still probably doesn’t stoop so low as to have some silly summer job, making his own money, and why would he when it’s handed to him by mom and dad, plus he can get whatever else he wants on his (or perhaps their) credit cards.

When did everything become so out of whack?

[carli]

dharmagirl,

You are absolutely right that the difference is now kids feel ENTITLED to this stuff! It baffles me. That story about $28 shampoo epitomizes the issue.

I remember that when we moved into our neighborhood about 5 years ago, we were introduced to some neighbors and their 15-year-old son, and I said something like, “oh, great, it’s good to know that there’s a teenager in the neighborhood…maybe we can hire you to water our plants and pick up the mail when we go away.” This suggestion was met with complete silence and a blank stare, and when I looked back on the conversation, I felt so stupid and out of touch! I realized that this kid has no intention of ever doing a menial job like that, nor do many kids his age.

I hate to keep saying, “when I was a kid…”, but WHEN I WAS A KID, I would’ve tripped over both my sisters trying to get a job like bringing in the mail for the neighbors or watering plants. Anything like that was great for making a few easy bucks! This kid, who now at age 20 drives a new SUV (that mom and dad probably bought for him), still probably doesn’t stoop so low as to have some silly summer job, making his own money, and why would he when it’s handed to him by mom and dad, plus he can get whatever else he wants on his (or perhaps their) credit cards.

When did everything become so out of whack?

[carli]

dharmagirl,

You are absolutely right that the difference is now kids feel ENTITLED to this stuff! It baffles me. That story about $28 shampoo epitomizes the issue.

I remember that when we moved into our neighborhood about 5 years ago, we were introduced to some neighbors and their 15-year-old son, and I said something like, “oh, great, it’s good to know that there’s a teenager in the neighborhood…maybe we can hire you to water our plants and pick up the mail when we go away.” This suggestion was met with complete silence and a blank stare, and when I looked back on the conversation, I felt so stupid and out of touch! I realized that this kid has no intention of ever doing a menial job like that, nor do many kids his age.

I hate to keep saying, “when I was a kid…”, but WHEN I WAS A KID, I would’ve tripped over both my sisters trying to get a job like bringing in the mail for the neighbors or watering plants. Anything like that was great for making a few easy bucks! This kid, who now at age 20 drives a new SUV (that mom and dad probably bought for him), still probably doesn’t stoop so low as to have some silly summer job, making his own money, and why would he when it’s handed to him by mom and dad, plus he can get whatever else he wants on his (or perhaps their) credit cards.

When did everything become so out of whack?

[Author]

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