November 11, 2011

Thus starts the Cycle of Money

"Will you give me 10 cents for school?" Pranav, now 6, asked, lying lazily on the sofa one morning. "With 10 cents I can buy a super lemon candy in recess. If you give me 20 cents I can get 2, 3 for 30 cents, ... and 10 for 100 cents. But actually to buy 10, you will have to give me one dollar. Yesterday my friend bought a super lemon and he did not even share with me." The monologue went on.

Overall, I was happy that he could do this much of practical math and after some dos and donts talk agreed to part with 10 cents.

In the evening, we were super excited to hear his story of how he could not eat his lunch because he had to stand in the queue for a long time to buy the super lemon which was oh sooo lemony. How he sweated because there was no fan near the queue. How super lemon can be eaten by only older children like him because the kindergarten kids will find it very spicy.

After a few days, while running already late for the school bus, he asked for 20 cents so that he could share a super lemon with his friend. There was no time to argue and somehow I could not ignore the cute request. I handed him 20 cents just in time before the lift door closed. This time it was a sob story in the evening as he dropped and lost those coins in the bus. After some thought he said "If you can buy me a wallet, I will never lose money like this". We ignored it, but his request continued day after day with daily calls in my office - "I really hope that you can get my wallet today". I finally bought him one which has become his proud prized possession and he now refuses to wear any shorts or pants that do not have a pocket.

All was well till Pranav dropped another bomb - "See how empty my wallet looks with only a few coins.I want some 'notes' for my wallet. Will you give me one?" Welcome to the cycle of money and possession. What started as a  'request' for 10c has now become a 'demand' for 2 dollars (In SG lowest note is $2 ) and the battle of wits continues....!

We have been trying to avoid the topic for a while. 
No prizes for guessing who will emerge as the winner in due course !
Looks like the time has come for some serious money talk.


  1. Awesome max hilarious! :D

    Soon he should also be given fundas on how to start earning his own money / start saving from what he earns by investing and otherwise / opportunity cost of his time in terms of money etc.

    Evil money world. I would he rather have Douglas Adams like views :)

  2. @Novacaine
    I guess I will myself be learning all of that with him. Evil..agree...but it does make the world go round !


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