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The last two we gave our kid were James Polk and John Adams. I get them back because I'm letting my 9 yr old bank money with me at 10%/mo. I'm hoping it teache
by dunham 4y ago
The last two we gave our kid were James Polk and John Adams.
I get them back because I'm letting my 9 yr old bank money with me at 10%/mo. I'm hoping it teaches him to save and to be mindful of spending. If it grows too much I may have to back off on the interest a little. So far he has occasionally buys stuff, so it doesn't get too out of hand.
- Aeolun 4y agoHaha, wait until he grows old enough to do the math on that and leaves it in for a few years.
- ta988 4y agoWait for him to grow enough to lend money from friends at 3% and deposit it with you.
- MereInterest 4y agoThen he gets a fun lesson about counterparty risk?