After Megan's long, busy day of baking, packaging and delivering, she was anxious to count her money. Mike however, had other plans. First, Megan got a 45 minute lesson in running a business.
(Though Megan wasn't really interested), she learned about income and expenses. Mike made a big long list of all the overhead expenses; electricity, oven, mixer, spatulas, etc. and then the direct expenses; butter, salt, sugar, flour, etc.
Megan sat patiently in her seat as the list kept getting longer. Her quiet glances at me said, "Are you on my side or his?" Her only out loud question was finally, "Are you going to charge me for all of that?"
Megan and I both waited with bated breath. Is he?
No-he was simply teaching her a lesson.
(She was charged only for the four ingredients we had to specifically go to the store and buy.)
Even after savings and tithing, her income wasn't too shabby. When questioned whether she'd do it again:
"I don't know."
Not sure if her uncertainty to repeat the bake sale is because of the economics lesson or all the clean-up Mom made her do!
8 comments:
I would have bought something from her. She needs to do it again. (I would have taught her the lesson of tips...free unreportable money!) Is she buying school clothes with the money?
That is hysterical! What a good daughter you have. If my dad would have ask me to sit down & listen to all of that, I'm pretty sure I would have had a major attitude problem and quite possibly would have ran away.
Mike's degree is in Economics? I had no idea. What a great lesson for her. (She probably doesn't think so right now.) If she does do it again she'll definitely have to let me know, too. I'd love to buy from her.
That is too funny. Tyson gets a lot of those types of talks as well. Ryan also has a degree in Econ.
I love it!! Trent would do the same thing.
We would have loved the bake sale; I would also have loved to talk to Megan about tips (I call it free money). I LOVE getting tips at Leger's!!
Mark is the same way! Sometimes they can't just let them have a fun experience of their own. Always a lesson to learn and be taught. Bet she remembers it, though.
Sounds like something that has gone on in my house too :)
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