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Tractor Talk Discussion Board

Re: O/TMaking money growing up


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Posted by Mike (WA) on February 04, 2007 at 09:21:38 from (69.10.197.227):

In Reply to: O/TMaking money growing up posted by 37 chief on February 03, 2007 at 22:26:55:

Gotta tell a story on my son, from not that long ago (1988 or so)- he was 10 or 11, wanted a Nintendo. We told him he'd have to make his own money for that- we lived in a rural but affluent area, and we figured he could do enough odd jobs to make the $75 he needed over the summer. He went with Mom to the supermarket, noticed new crop strawberries were selling for $20 a flat. He asked Mom to stop by the berry field near our house on the way home. He found out he could "bucket pick" for $10 a flat, so he asked to borrow some seed money, and started picking berries. Mom would take him to the field in the morning, pick him up before noon and he'd have picked 3 flats or so. Then around the neighborhood to sell the berries door to door, for the store price. I don't think anyone ever turned him down. He had his Nintendo in short order. He even got a little lesson in Capitalism, when he discovered he'd overcharged someone by a couple bucks on a flat. They refused his refund, saying, "No, you didn't overcharge us- you set the price, and we paid it. If it had been more than we wanted to pay, we would not have bought, and you might have had to lower your prices to sell all your goods. But we were happy with the price, so a deal's a deal, and no refund due."


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