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Re: How Young do you start them?
Old 07-24-2004, 05:26 AM   #41
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Re: How Young do you start them?

Quote:
My son is 10 years old. He wants a new bicycle.

My daughter is 30 years old. She wants a new car.

Same @#$%, different decade.


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Re: How Young do you start them?
Old 07-24-2004, 10:18 AM   #42
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Re: How Young do you start them?

Quote:


My daughter is 30 years old. She wants a new car.

Same @#$%, different decade.


BUM

So tell her to buy one for herself. What's the problem? 8)
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Re: How Young do you start them?
Old 07-24-2004, 11:41 AM   #43
 
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Re: How Young do you start them?

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Quote:Trial Lawyers don't take away what you worked for ! - The people in the jury do with a lot of help from yourself! - Average citizens that determine that you screwed up and took away a persons mobility for the rest of their life!


Translation: blame the jurors and our piss-poor educational institutions, not the poor misunderstood lawyers.
Wab,

I suppose you think that the politicians are to blame also and not the voters that elected them. GMAFB!
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Re: How Young do you start them?
Old 07-28-2004, 07:36 AM   #44
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Re: How Young do you start them?

Whakamole wrote:

Quote:
So tell her to buy one for herself. What's the problem?

From the original post (below)....The issue is not the age of the child its the choices they make and the parents desire or ability to influence those choices. My daughter has a perfectly usable late model car, but may opt for the "perfect" car and blow thousands in the process. Like Vale, I hope she makes a sensable decision.

Vale wrote:
Quote:
My son has accumulated enough fund through his hard work (lawn mowing, errands etc.) to buy an 'awesome' performance-oriented bicycle. He already has a functional one that's barely 2 years old but does not have any of the 'features' of THE ONE.

I would rather that he put his saving into various saving options other than spending it.

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I think that in this case, age is an issue.
Old 07-28-2004, 08:30 AM   #45
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I think that in this case, age is an issue.

Vale's son is 10. Abstract reasoning ("If I spend this money now I won't have spending money for next week/college/retirement") won't win out over concrete reasoning ("Cool bike!!!").

Past the age of 25, your daughter is considered to be capable of abstract reasoning. Whether or not she chooses to do so... is her choice.
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Re: I think that in this case, age is an issue.
Old 07-28-2004, 09:14 AM   #46
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Re: I think that in this case, age is an issue.

Quote:
Vale's son is 10. *Abstract reasoning ("If I spend this money now I won't have spending money for next week/college/retirement") won't win out over concrete reasoning ("Cool bike!!!").
Depends on the kid. * In one study, researchers gave marshmellows to a group of 4-year olds. * They told the kids that they'd be back in a few minutes, and if they waited until then to eat their marshmellows, they would get another one.

Some of the kids immediately ate the marshmellows, of course. * Others waited. * They'd sing to themselves, close their eyes, anything to distract them from the marshmellow sitting in front of them. They were rewarded with another marshmellow.

The researchers followed these kids through adulthood, and they found that their ability to delay gratification was a better predictor for success in college than any other metric, including IQ.
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Re: How Young do you start them?
Old 07-28-2004, 02:22 PM   #47
 
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Re: How Young do you start them?

I would have eaten the marshmallow. Or shoved it
under Shirley's dress, or thrown it at the teacher.
You get the idea.

John Galt
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Re: How Young do you start them?
Old 07-28-2004, 02:34 PM   #48
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Re: How Young do you start them?

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I would have eaten the marshmallow. *Or shoved it
under Shirley's dress, or thrown it at the teacher.
You get the idea.

John Galt
I don't like marshmallows. But I might have traded it for a peak under Shirley's dress.
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Re: How Young do you start them?
Old 07-28-2004, 07:24 PM   #49
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Re: How Young do you start them?

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But I might have traded it for a peak under Shirley's dress.
Did you actually mean "peek"? No, on second thought "peak" may be more accurate.
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Re: How Young do you start them?
Old 07-29-2004, 04:31 AM   #50
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Re: How Young do you start them?

Vale,

You better get back in here your topic is headed south. Shirley you can dress it back up.


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Re: How Young do you start them?
Old 07-29-2004, 10:02 AM   #51
 
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Re: How Young do you start them?

BUM,
Outside of my control. But FWIW,
Kid got his bike days ago. While he was busy 'managing' his parent to the bike of his choice, his sibling auctioned off the old bike at a 50% commission. Poor kid didn't have a clue that he was taken for a ride until it was too late. Understanding the fine prints and ethical behavior (especially toward your siblings) are upcoming lessons. So...

The thread is dead, stop poking at it.

The kid may come across this some day and he will conclude that his parent is 'very lame' for posting with a bunch of 'very lamers' and he won't need abstract reasoning for that bit of wisdom.
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Re: How Young do you start them?
Old 07-29-2004, 10:30 AM   #52
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Re: How Young do you start them?

Quote:
. . . The kid may come across this some day and he will conclude that his parent is 'very lame' for posting with a bunch of 'very lamers' and he won't reasoning for that bit of wisdom.
I would be insulted if I weren't so distracted thinking about what to do with my marshmallow and wondering what Shirley has under that dress.
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Re: How Young do you start them?
Old 07-29-2004, 10:55 AM   #53
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Re: How Young do you start them?

Her name was Janice, she ate the marshmellow, her dad caught her before she could lift her dress, besides that I was in love with my bike and looking forward to a BB gun for my 11Th birthday. And remember - we can go back and edit our old posts. Can't remember if I saved any marshmellows - but sure did like them.
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Re: How Young do you start them?
Old 07-29-2004, 11:02 AM   #54
 
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Re: How Young do you start them?

unclemick, it sounds like you went right from your
3rd cup of coffee to cocktail hour. I may follow your example but I have to take my nap first.

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Re: How Young do you start them?
Old 07-29-2004, 01:03 PM   #55
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Re: How Young do you start them?

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and looking forward to a BB gun for my 11Th birthday
Careful Mick...you'll put an eye out with that thing...
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Re: How Young do you start them?
Old 03-04-2006, 08:42 AM   #56
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Re: How Young do you start them?

Vale,
Buy the kid the bike. Several years ago (like 10) Money mag did an article about a couple who wanted to retire early who had children. So they literally deprived the kids of some of the nicer things growing up. They bought clothes from the thrift store, no afterschool activities, no friends over because of the added expense, no savings for college etc. The response to their parenting methods and frugality program ranged from," Be sure you have your own cardboard box 'cause your kids sure ain't gonna bury you" to several readers asking for their address so they could report the parents to the authorities fo child abuse.
When children see their parents do all they can to provide for an early retirement even to the point of familial deprivation , I ask why did you have the children to begin with?
If parents have great wealth then watch their adult childres struggle all the while telling them how it develops character (assuming the adult kids aren't demostrating totally irresposnible behavior), all that does is insure that when the parents are 75 and 80, the kids will feel no moral responsibility toward the parents. People with real money learn to use it to nurture succeeding generations.
There is no inherent honor in making your kids experience being poor so you can have wealth when you don't have to spend it on the kids.
There's also no great honor in doing it all on your own by putting yourself through college, buying all of your own cars, clothes, etc. that just means those parents were selfish.

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