Monday, August 8, 2011

Teen Learns Economics from Washington

Herk and Tildy's son, Teen, getting his financial house in order:

Hmmm. Last week I spent $5. I owe Dad 14, but he'll lend me more.
Next week I'll spend the same, except I'm adding 2 for jelly beans and 2
for a new app. Total $9.

Dad says okay; I'll loan you 2 more. But you'll have to cut your spending.

Okay, I say, No problem. I can live without the jelly beans. I'll cut 2.
(I'll spend 7, and look! I cut $2. (9 - 2 = 7).

What? You're saying I spent less last week; how is that a cut?
Shut up, already.

No comments: