In a world full of credit cards and internet banking money has become invisible. What does this teach our kids about where money comes from?
When my daughter turned seven-years-old I thought the time was right to ask her the question, “Where does money come from?”
Me: So tell me, now that you are a grown-up girl, can I start asking you some hard questions?
Daughter: Yeah, okay…this sounds like fun.
Me: Can you tell me where money comes from?
Daughter: That’s easy. It comes from the ATM machine when you put your card in. You have to remember to cover up your secret code so no-one else finds out what it is.
Me: Do you know how money gets into the ATM machine?
Daughter: Yes, it comes from the bank.
Me: Do you know how money gets into the bank?
My daughter pauses leaving the door open for my ten-year-old son to enter the conversation.
Son: Mum and dad get paid money for working every day.
At this point I grabbed my employee pass and showed it to my kids.
Me: (pointing to the pass) Kids this is who pays me.
Daughter: Cool. When can I start working?
Call to action:
Ask your kids the question: “Where does money come from?”