The other day my daughter 14 asked mom can we get McDonald’s?
(We never fully talk to her about how much money we have but we tell her things like we do or don’t have the money to do things)
On that day her dad was at work and we were waiting on getting our checks onto our cards to pay bills so we had no money to splurge yet.
I tell her sorry we can’t we don’t have the money for it right now.
She says man I hate being poor.
o.0
POOR MY BUTT lol I said O poor little me I have no McDonald’s but a roof over my head a fridge full of food a iPhone 11 a high class gamer pc with 3 screens a switch and just got 200 dollars for my birthday!
Lol she goes well I mean we are poor right now
Me *rolls eyes*
We actually do ok we are not rich but we save up for high items, we have good credit and my husband is a technician so tech toys we get pretty cheap.
We are just a few steps above needing aid.
Funny part is not even half an hour later we got paid lol
Don't tell her that; if she picks up a trend she seems smart enough to start to pick up on when to ask for things she wants; I assume that's also why the Easter egg story played out the way it did.
A little lol
She understands bills always come first. You can’t have fun if you can’t pay your bills.
And one our bills that she is aware of is savings we always save a part of each check for emergencies.
We make sure she understands this and once a month she is given an allowance for payment of doing house chores and keeping up with her school work.
It’s our way of showing her that we appreciate the hard work she does and she gets her own little splurge money.
She is sometimes saves it till she has enough for big item things and sometimes she offers to buy lunch like pizza. She is like me likes to buy things for others more than for myself.
We still buy her anything she needs and when we can something she wants.
When she was little we taught her when she ask for something we either say Yes or No or we will see. Yes means yes no means no but we will see means if we can than yes but if not than no but it doesn’t mean it never happen just not at the moment.
She honestly is a lot better with understanding about bills and money than most kids her age.
My niece when she was that age I still remember her asking for a make up set and her mom said we can’t afford it and instead of taking that as a sign that maybe she should save up her own money or hope for it on a birthday gift or something she blew up in the story saying she was tired of being in a poor family and how when she gets a job she buying all she wants.
It embarrassed her mom which was what she wanted.
My kid would of said in that spot ok maybe I can get a smaller one? Or would ask if she could get it one day.
We even already had that talk about money I told her never gamble more than you can afford to lose and what ever you win minus what you used to earn it. That is what you truly won.
We won’t her prepared for life unlike a lot of other kids who get out on their own and have no clue what a deposit is let alone how to budget her bills.
We also teach her to cook, properly clean things, how to change a flat, and honestly so many things to help her. When she reaches 16 we plan to help build her credit so when she is on her own it won’t be so hard.
i'ma just copy pasta <--- intent: since I cannot post URL links... Game theory is the study of mathematical models of strategic interaction among rational decision-makers. It has applications in all fields of social science, as well as in logic, systems science and computer science
If you've seen A Beautiful Mind or know about what Robert Nash did, it's amazing... the story that is... the theory is simple until the rules of the game change
Lol yeah I cant teach her something I don’t understand lol I am dyslexic and though I do pride myself on knowing about more than someone who would be my age with my upbringing but I don’t know everything lol
But when it comes to making decisions I always tell her always way out all the good and bad possibilities just just the extreme of good or bad.
Like if you move to a new state good can be new job cheaper to live
Bad could be lose job stuck out there with no family near by to help.
But those are the extremes what about if you need a ride to work or what if you lose your wallet it be a long time till someone can help you.
Those are just examples but yeah I tell her always look at things at different ways.
Even on other things like when my daughters monitors wouldn’t turn on.
Hubby tried unplugging them replugging rebooting them and pc.
Than he said the cords must be bad.
I said well have you tried switching the cords around to make sure it is the cords.
After he did that they all came on.
Turns out the computer was booting them out of order which made them not come on.
So I told my daughter see sometimes simple answers can answer big problems.
I know you know "the prisoner's dilemma" as we've have discussed it.. that is a focused from of game theory... just with two instead of more... and with the addition of a new party it becomes more complex... Where you can really see it shine is in any vertebrae animal. Everything from mongooses
.
It was an iphone 6 tho. So yeah kinda worth it
(We never fully talk to her about how much money we have but we tell her things like we do or don’t have the money to do things)
On that day her dad was at work and we were waiting on getting our checks onto our cards to pay bills so we had no money to splurge yet.
I tell her sorry we can’t we don’t have the money for it right now.
She says man I hate being poor.
o.0
POOR MY BUTT lol I said O poor little me I have no McDonald’s but a roof over my head a fridge full of food a iPhone 11 a high class gamer pc with 3 screens a switch and just got 200 dollars for my birthday!
Lol she goes well I mean we are poor right now
Me *rolls eyes*
We actually do ok we are not rich but we save up for high items, we have good credit and my husband is a technician so tech toys we get pretty cheap.
We are just a few steps above needing aid.
Funny part is not even half an hour later we got paid lol
She understands bills always come first. You can’t have fun if you can’t pay your bills.
And one our bills that she is aware of is savings we always save a part of each check for emergencies.
We make sure she understands this and once a month she is given an allowance for payment of doing house chores and keeping up with her school work.
It’s our way of showing her that we appreciate the hard work she does and she gets her own little splurge money.
She is sometimes saves it till she has enough for big item things and sometimes she offers to buy lunch like pizza. She is like me likes to buy things for others more than for myself.
We still buy her anything she needs and when we can something she wants.
When she was little we taught her when she ask for something we either say Yes or No or we will see. Yes means yes no means no but we will see means if we can than yes but if not than no but it doesn’t mean it never happen just not at the moment.
My niece when she was that age I still remember her asking for a make up set and her mom said we can’t afford it and instead of taking that as a sign that maybe she should save up her own money or hope for it on a birthday gift or something she blew up in the story saying she was tired of being in a poor family and how when she gets a job she buying all she wants.
It embarrassed her mom which was what she wanted.
My kid would of said in that spot ok maybe I can get a smaller one? Or would ask if she could get it one day.
We won’t her prepared for life unlike a lot of other kids who get out on their own and have no clue what a deposit is let alone how to budget her bills.
We also teach her to cook, properly clean things, how to change a flat, and honestly so many things to help her. When she reaches 16 we plan to help build her credit so when she is on her own it won’t be so hard.
What do you mean?
But when it comes to making decisions I always tell her always way out all the good and bad possibilities just just the extreme of good or bad.
Like if you move to a new state good can be new job cheaper to live
Bad could be lose job stuck out there with no family near by to help.
But those are the extremes what about if you need a ride to work or what if you lose your wallet it be a long time till someone can help you.
Those are just examples but yeah I tell her always look at things at different ways.
Even on other things like when my daughters monitors wouldn’t turn on.
Hubby tried unplugging them replugging rebooting them and pc.
Than he said the cords must be bad.
I said well have you tried switching the cords around to make sure it is the cords.
Turns out the computer was booting them out of order which made them not come on.
So I told my daughter see sometimes simple answers can answer big problems.