For Easter I gave both of my boys (8 and 9 yrs old) $12-14, found in Easter eggs I had hidden. After they had found them I gave them a challenge: “Find a way to double what you have in a month and I’ll give you $5”. They went into action thinking up ways they could do this, and how they could employ their friends to offload some of their efforts. So far, this is what I’ve seen.
They had me go to the store with them, where they bout a lot of candy.
When we got home, they set prices on the candy and left for the day (they did this again the next day too).
Half way through the weekend I was being asked to go back to the store because one of their products had just about sold out.
By the end of the weekend, they were at the point where they had recovered all of their costs, and starting to make a profit. (even donating part of it to church).
If they continue this way, maybe I’ll have to give them the $5 a little sooner than I thought
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