I used to be horrible with money. I was never a good saver. If I had money I spent it. It wasn't until I met Lauren and it was her influence that helped me learn to be responsible with money. Seriously if it wasn't for her I would be friendless, brainless, helpless, hopeless, unemployed in Greenland. I have always hoped that our kids inherit her genes for money.
We had a yard sale at our house this past Saturday. To keep the boys occupied while we tried to sell our junk, Lauren built them a lemonade stand. Last week Max brought home a sponsorship form for a relay race to raise money for the American Cancer Society. Lauren decided to give the boys some baked goods to sell to give the proceeds to the charity.
I figured the lemonade stand would be a good way to teach the boys about money and business.
I really wish I had a security camera in the lemonade stand.
Max and Wyatt fought over who got to pour the lemonade. They fought over who got to take the money. They argued over who got to give the change. The only time they were not arguing was when they were eating the baked goods. I tried to explain to Wyatt that cookies needed to be paid for so we could give the money to charity. Wyatt went into the money till, took out a dollar and then "paid" for four cookies. Thankfully all of their customers were amused by their antics.
Once Max realized that only the lemonade money was for the boys he became a side show barker pimping only the drink. "Do you want lemonade?" he would yell at anyone who stopped by the yard sale. He yelled at cars that drove by, people walking their dogs, neighbors, anyone that was in earshot. Max really hustled. I think I need to teach him how to do Three Card Monte.
At the end of the day they made $60.00. Twenty went to the American Cancer Society and both Maxfield and Wyatt took twenty.
I tried talking the boys into saving their money. Neither one of them wanted anything to do with saving. We went to the store on Sunday, it seems that Max and Wyatt both inherited my spending genes.