How my kid saved $10,000

[@janetillie4583]

$5/week minus $3 for expenses leaves $2/week that she can put in savings. $10,000 divided by $2/week is 5,000 weeks. 5k weeks divided by 52 weeks/year is 96 years. I am a huge fan of budgeting and I strongly believe in the power of teaching kids not to be afraid of managing money properly, but this is absurd.

[@janetillie4583]

if anything, I think examples such as this one show the power of hard work and increasing income. No one has 96 years to buy a car.

[@7thdimenson5100]

Exactly... people like this cornball, shouldn't be allowed on the internet

[@Tenkayboxde]

@@7thdimenson5100what do you mean?

[@kaip3892]

Bruh did yall forget she's like 12 lmao

[@Tenkayboxde]

@ thank you, someone with common sense 🙏

[@not_synx9556]

If they got 5 dollars a month and saved every single penny they wouldnt see 10,000 dollars for 42 years let alone charging them money it would take longer, please be realisitic if your gonna make a video on stuff like this

[@Tenkayboxde]

It’s about the teaching of financial literacy at an age that they understand and learn in life. You are raging about logic but in this case is about the emotion that they can achieve and know the value of production and wager and value and the payment is the outcome of their time and support.

[@caddylover10]

Now teach her about compound interest by taking that 10 grand putting it somewhere that can make a difference..

[@Tenkayboxde]

That is the next step, it’s so important to teach financial literacy when they are young.

[@alecbowe8905]

Not you putting prop money in the wooden box😂

[@hyetv2496]

🔥 FROM $2 TO 10K!??… !!HOW SWAAAY!! 🔥

[@Tenkayboxco]

@@hyetv2496 I suggest you rewatch the video than you will understand at a point I said we (as a family) got out of debt and this is a life experience we share with our kids, you just rage because you just understood what you want to understand…

[@hyetv2496]

@ title of the video says “How my kid saved $10k” then proceeded to Show 100dollar bills when she is only left with 2 single dollar bills, that don’t make NO SENSE. I GIVE MY LIL NEPHEW $50 every 2 weeks and he is no where near 10k 🤣🤣🤣

[@Tenkayboxco]

@@hyetv2496when did you start giving your nephew $50? We started when our daughter was 6 and yes, she also received pocket money and some money from auntie and uncle and other family members. The point with the $5 is for her financial literacy to understand the process or work and earn and spending.

[@Asian-Tryhard]

I get no money and am expected to do it without reward sooooooooo

[@Tenkayboxco]

@@Asian-Tryhard soooooooo

[@Asian-Tryhard]

@ what did I learn? Any tips from that?

[@fistmakeandfishiro5565]

Wut?