We were about to leave a mall when our son asked us if we were rich or poor. He specifically said “Mom, are we rich? Why do some of my classmates celebrate their birthdays with a party?” He also added that perhaps his classmates are rich.
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Hubby and I immediately came up with our separate answers:
Me: Baby (yes, he is almost 7 yr old and I still call him “baby”), having a party does not mean you are “rich”. Maybe the parents of your classmates just want to celebrate their birthdays by having parties. People celebrate special occasions in different ways… For example, we went to the States and celebrated your sister’s 12th birthday at Disney World, right? Can you still remember when we went to Kidzmondo to celebrate your birthday last year? We celebrated your other sister’s birthday last year at Gondolania, remember? Celebrating a birthday by having a party or going to a different country or eating in a formal restaurant is not proof that a person is rich or poor. There are people that cannot or do not celebrate their birthdays, at all.
Hubby: How sure are you that your classmates are rich? You will never know unless they or their parents tell you how much they own. A person’s physical appearance or clothes isn’t proof of their wealth. Like me, when I had no money, I would always buy expensive gadgets and wear trendy clothes. But now that I earn more, I just wear old t-shirts with holes in them. He laughed so hard, our kids and I broke into boisterous laughter. Hubby is a natural comic, by the way.
The Gentle Panda is quite fond of asking about money lately perhaps because he and his sisters have started receiving a cash allowance to pay for school snacks. He even brought his wallet to the mall and offered to pay for our dinner. He didn’t have enough money, of course, so he ended up pocketing the change. Our kids bring packed snacks and lunch to school every day but they carry a small amount of cash every Thursday to pay for snacks.
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Kids ask the most mind-numbing questions, don’t they? How do you answer that kind of money question? Do you just shush the kids or give details? Our girls don’t ask questions such as this because they are already aware of saving and investing concepts. Please hit the comment button and share with us your suggestions or tips!
Have a nice day, mommies.