Skip to content

A Child Can Understand the Meaning of Debt

August 24, 2009
Peter Orvetti
8/24/2009

c4lMy sons, who will be five next month, have recently discovered mathematics. They are learning their numbers, and are intrigued by the concepts of addition and subtraction. They do, however, have a tendency to guess that 10 plus 12 is “forty hundred”, or to insist that there is a number called “seventeen eleven”. (This has led me to question my competence as a homeschool dad.)

Even they, though, have a basic understanding of how money works. When we are at the bookstore or the toy store, they know that they cannot buy a six-dollar item if they have just four dollars. They also know that if they save their money wisely, they can afford even better things later on.

It would be nice if the government could learn this lesson, too.

The story continues …..

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: