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Have you encouraged your kids to earn a dollar, to buy what they want.
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<blockquote data-quote="Greenhornet_au" data-source="post: 520743" data-attributes="member: 8767"><p>I really enjoyed that read, she had to "buy out the partnership", that is an education in itself.....</p><p></p><p>Great job by her parents in getting the kids to work together, and develop a product line, with repeat customers. :Y: :clap: :trophy: </p><p>.</p><p>.</p><p></p><p>Funnily Miss 3yrs and I have been making candles while the others are at school, for something to do :inlove: </p><p>not to the selling stage yet but the article twigged a thought for her <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite7" alt=":p" title="Stick Out Tongue :p" loading="lazy" data-shortname=":p" />layful: </p><p></p><p>An interesting article for sure.</p><p></p><p>Today Miss 9yrs was in conference with the "Bank" of Mum and Dad as we reviewed her bank accounts online and checked the </p><p>business spreadsheets listing costs and turnover earned.</p><p></p><p>After she had paid back the food consumables, rent, insurance and a portion of her capital assets....</p><p>Miss 9yrs was collecting nearly $66 / hr as reflected by her Net Earnings. :8 </p><p></p><p>She was disappointed that she could not empty her bank account and purchase an I-Pad, but as explained she has to earn it </p><p>fair and square, and is now about 1/3 of the way to her dream, profits are $230 for 3.5hrs of work.</p><p></p><p>The next venue will be even cheaper for her as there is no development time, paperwork is minimal and we have a much better idea of</p><p>stocking levels to carry.</p><p></p><p>She is looking forward to it.</p><p></p><p> <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite1" alt=":)" title="Smile :)" loading="lazy" data-shortname=":)" /></p></blockquote><p></p>
[QUOTE="Greenhornet_au, post: 520743, member: 8767"] I really enjoyed that read, she had to "buy out the partnership", that is an education in itself..... Great job by her parents in getting the kids to work together, and develop a product line, with repeat customers. :Y: :clap: :trophy: . . Funnily Miss 3yrs and I have been making candles while the others are at school, for something to do :inlove: not to the selling stage yet but the article twigged a thought for her :playful: An interesting article for sure. Today Miss 9yrs was in conference with the "Bank" of Mum and Dad as we reviewed her bank accounts online and checked the business spreadsheets listing costs and turnover earned. After she had paid back the food consumables, rent, insurance and a portion of her capital assets.... Miss 9yrs was collecting nearly $66 / hr as reflected by her Net Earnings. :8 She was disappointed that she could not empty her bank account and purchase an I-Pad, but as explained she has to earn it fair and square, and is now about 1/3 of the way to her dream, profits are $230 for 3.5hrs of work. The next venue will be even cheaper for her as there is no development time, paperwork is minimal and we have a much better idea of stocking levels to carry. She is looking forward to it. :) [/QUOTE]
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Have you encouraged your kids to earn a dollar, to buy what they want.
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