This is one by Shoshanna Pearl Easling and it sort of all over the place for a post about spending money. I just finished watching one of those super tightwad television, am already irked by people that nickel and dime on silly things, before seeing this. Shoshanna talks about her not yet 3 year old earning a dollar and being derailed from spending it on gum. Gum, not even candy?

Does Shoshanna allow that poor child to buy gum? Nope, she insists the child buy crafting supplies before insisting that the little girl, not yet three, make hair bows.

I’m rather shocked in a bad way that Shoshanna is allowing even the brother to use a hot glue gun. Hot glue, burning adult crafters for ages, and not suitable for young kids.

But the worst part to me is that Mama Shoshanna manipulated her toddler daughter into buying something else so readily. Did she know that her daughter wasn’t going to share her gum? Small people, small pleasures. There’s nothing inherently wrong with allowing a child to buy the gum as a treat. You just know this is not a family big on any treats.

Plus manipulating a hapless toddler into buying something else teaches no one the value and power of money. No actual money handling skills learned. Shoshanna didn’t explain a thing, comparing how the gum was a temporary treasure where the bows would last longer. No comparison, not contrast, no discussion.

Then Shoshanna goes off in a weird new direction, teaching your children where to find you, or the fire exit in a hotel and it does not really mesh with the earlier talk of money. Followed by a tale of helping a little old lady, and Shoshanna forgetting what sex she is, claiming she was a boy. She follows by saying education isn’t that important, just learning to do from doing. And watch your back, and here’s a list of things that supposedly build creativity.

None of this has much of a connection to teaching children about money. Experience is a much more powerful teacher than any amount of lecture. Sometimes that means you let your child blow their money on bubble gum and gently ask later if it was worth the temporary pleasure they got from the gum. People learn to handle money with experience and choices. We all know that choices in the Pearl household are bounded.

She never mentions one of the most important lessons you can teach your child about money, teaching them to save towards a goal. This is a vitally important skill set to have in our instant gratification society.

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