"Mom, can you give me money," my daughter asked. "No, I will show you how," I responded. "I will invest in you," I continued.

Image by Pixabay, Creative Commons

I was working when my elementary daughter asked me this question.  And, she just looked at me with her big eyes at my answer.

I got up and we left and went to the store.  "I will invest in you $1 plus tax on you," I told her.  We went to the gum aisle and there was a bag of 100 pieces of gum in a package for $1 plus tax it was $1.07.

When we got home, we calculated the cost per gum; $1.07 divided by 100 = .0107 per gum.

She went to school and sold them to her friends for 10 cents each.  She made $10.00.  I mentioned to her the 40% 60% rule.  She could spend or save 40% which would be $4 and the 60% she would need to invest in obtaining more inventory to sell.  

It was wonderful seeing my little entrepreneur adding variety to her offerings to her friends.

I could have easily given her the money.  I believe in showing people to fish than just giving them the fish,

And, the story has now been shared with my granddaughter.  

Blessings,  

Leticia N. Hernandez

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