This sounds like a great idea to try with your kids:
After a brief, failed experiment paying me to do chores, my dad tried something really neat. It clearly took a bit of legwork, but maybe there are some transferrable lessons for parents who want to lay an entrepreneurial foundation.
He gave me a vending machine.
He rented the machine, found a location in a local workshop, and installed it. And then he told me two things.
- That this would be the last time I was given allowance.
- And that if I wanted to have any pocketmoney next week, Iâ€™d better spend this weekâ€™s on some inventory.
Photo by bcostin.