Money （钱）is very important in life, although it is quite pointless to compare it with things that are best not to be measured in money. Money is money. It does what it does. It is very important. Period.
I ask my children “If you have $100 and you spend $100. How much do you have left?” “Nothing left”. “Likewise, if you have $1,000,000 and you spend $1,000,000. How much do you have left?” “Zero!”
That is right. To be rich, it is not only important that one needs to make money, but also save money (节省）. My children know that we should buy things on sale as much as possible.
We were looking at historic prices of properties in Zillow.com. I showed them the time series of prices and point to the trough in 2009 “this is sale price” and the peak in 2005 “and this is the full price that we should never pay for. ”
When we go shopping, I try to let my children pay. Before we come to the cash register, if our shopping cart is not that full, I will ask them to try to sum up how much the total is and compare how close our calculation is to the actual.
There are just so many places and so many things to learn. I have explained to my children what a bank does, interest rate, what collateral means and so on. “Why do you think the bank employees are so nice to us by giving us candies/hot chocolate when they are helping us to keep our money?”
Almost all kids like to draw and paint. They get plenty of practices with crayons or watercolors at their schools. However, they should also learn painting and drawing with a tablet and stylus. This is different because the art work can be saved, duplicated, modified in ways impossible with crayons and paper.
Our idea is: if they are seeing digital art everywhere already, why not use their talent and imagination to create art with computers themselves.
Grocery shopping can be a fun, practical and time saving activity for teaching children financial math and economics besides food and nutrition while getting the chore done.
- Reading grocery store ads are family math time for us. We discussed things like:
- How to compare prices (price per unit)
- Why we should buy things on sale as much as possible?
- Why most items are priced with numbers that end with .99, e.g.3.99
The following is from a Chinese school principal’s page:
Student’s Concentration 上課專心
Parent’s Participation 家長關心
Teacher’s Devotion 老師苦心
Pupil’s Attention 讀書用心
Volunteer’s Dedication 義工熱心
Children’s Companion 兒女貼心
Everyone’s Gratification 大家開心
The last character of each phrase above is “心”, which means “heart” in Chinese. It is interesting that none of them says “brain”. While any one of the above requires serious brain effect, it is the satisfaction of the heart is the primary goal. Who is to say that the higher the emotion the lower the brain?
What happens to websites if computers are down? Computers, I mean, include iphones and tablets. Then all that many have built would be gone for good, possibly.
If my website is gone, then I have nothing to say but “life is but a dream.”