tag:blogger.com,1999:blog-9096775046824978357.post3718529086511863618..comments2024-03-16T08:56:35.554-07:00Comments on Economics for Teachers: Musings about Teaching Economics: DonorsChoose: Start 'em youngJennifer Imazekihttp://www.blogger.com/profile/15217003898479507362noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-9096775046824978357.post-56301626322887720712008-10-20T16:57:00.000-07:002008-10-20T16:57:00.000-07:00@cleocatra: I certainly didn't mean to imply that ...@cleocatra: I certainly didn't mean to imply that one can't make good decisions about money without training in economics. I think that individuals with good sense about money tend to pass that on to their kids but if students aren't getting it from their parents or other family member, then all else equal, I think it's good for them to get it at school.Jennifer Imazekihttps://www.blogger.com/profile/15217003898479507362noreply@blogger.comtag:blogger.com,1999:blog-9096775046824978357.post-69065430836080647782008-10-20T10:35:00.000-07:002008-10-20T10:35:00.000-07:00That's an excellent concept. Money is not bad; ju...That's an excellent concept. Money is not bad; just the way some people spend their money can be bad. It reminds me of the concept about guns and other weapons. Guns don't kill people, people kill people. The sooner we teach our kids the ways to spend money responsibly, the more lasting the impression will stay in their heads.Mr. Ehttps://www.blogger.com/profile/10611919398888986508noreply@blogger.comtag:blogger.com,1999:blog-9096775046824978357.post-64085751313103932262008-10-17T20:15:00.000-07:002008-10-17T20:15:00.000-07:00I learned about "money" having an allowance and ea...I learned about "money" having an allowance and earning "money" in various ways as early as 8, I remember. My father managed a grocery store at the time, and I went in for 3 days to help with inventory. At the end got my little manilla envelope with some 12 dollars in it. I felt very grown up and put in my savings account. <BR/>My parents, born in 1930 and '39 were children of poor Italian immigrants. I never went without, but there was clearly the notion that money doesn't grow on trees in our house. <BR/>"Shut off the lights" wasn't about ecology. <BR/>Few in my immediate or extended family really understand economics. Few have college degrees. The basics of owning rental property, and your house, they seem to have figured out along the way. <BR/>What I think they didn't have was an appetite for consumerism, in the way that Americans have become accustomed to: buying on credit, just because you can. <BR/>No moral of the story, just an eye opener towards generational and perhaps cultural differences that may somehow be the difference between to making smart and not so smart decisions.Anonymousnoreply@blogger.com