The following was syndicated from Quora for The Fatherly Forum, a community of parents and influencers with insights about work, family, and life. If you’d like to join the Forum, drop us a line at [email protected].
What did someone do that made you think they were really smart?
I wanted to teach my daughters how to appreciate my hard work sustaining us being a single mom, since I’m often requested to provide expensive toys and gadgets.
I gave them $50 dollars each and said the first to double that money in a period of 15 days would keep the initial money, the profits, and receive the amount of $200 as a prize. I was honestly expecting they would keep the $50 bucks and purchase some toys next time we went shopping. I was so wrong!
Three days after that D approaches me with $100 bill in her hand, she stood in front of me without saying anything, just waiting for those $200 to be pulled out of my wallet.
I was very impressed and surprised. I didn’t noticed any small businesses going on, nor did I see any “$1 lemonade“ on the driveway going home … So how did they do it?
Turns out that D And G (my daughters’ first name initials) made a deal. They would give the one’s $50 to the another so when she wins the challenge they could split it up and walk away with a fare $150 half of the total. What made it even better is they asked their grandpa to provide them a $100 bill for the $50 bills they each had. After that, they agreed D would be selected for winning the challenge since she was one year older than G. But guess who was the one who came up with the idea and the whole plan?
It was G.
At that time D was 6 years old. G was 5.
I had to pay them the $200 since I never specified how the money had to be doubled.
Well played, G. Well played, my precious daughter.
Since then I have never made business deal again with my daughters without writing down a very detailed set of rules for my own protection!
Liz Hermosa is an artist, and is interested in science, history and maths. Read more from Quora below: