Posted by Crazy Horse on February 08, 2018 at 08:46:56 from (75.159.240.214):
One of the replies below in the discussion about why certain farms do financially better than others, etc. got me thinking. This week on local TV was a story about a kid in grade 8 who wanted an $800 pair of trendy designer shoes for Christmas. That almost made me gag but the story continues. Mom says she had planned to spend $100 on his Xmas present so she gave him the $100 and told him to look for work, save the other $700 and buy what he wanted. Lucky for him (I think), we have had a lot of snow since Christmas and the young fellow rustled up enough customers in his neighborhood to shovel their walks, driveways, and decks etc. over the last two months. Long story short, he saved up the $700 shortfall and bought the shoes.
Mother obviously contacts the local TV station and brags up the situation and the whole story gets on television. She seems to be proud of the fact that she taught her kid the right way to buy things he wants (maybe she did) and the kid is happy (that's even better). He went to school and was the belle of the ball (from Cinderella I think that was) so the story had a happy ending. Mom has received all kinds of kudos for being a great mom and guiding her kid along the path of doing things the right way.
My take on the story? The mom is foolish (I'll refrain from using the term stupid) ..... nothing wrong with getting a job and saving money, but to turn around and allow a young boy to spend it on a pair of $800 shoes is absolute nonsense and irresponsible parenting. No wonder the average family up here owes much more than what is coming into the family coffers every month. In my opinion, unless someone sits the kid down and explains to him how the world really works, he is in for a lifetime of financial unhappiness if he keeps on the same path as this last little chapter in his life.
Just my two cents (which I would have advised my kid 30 years ago to put in the bank) !!!
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