Meet our lil budding entrepreneurs

Here in our school, the elementary students were taught to earn and manage money by letting them join in the School Market Program. They will bring anything to sell to parents, teachers and fellow students . Unfortunately, yesterday they we're only given 30 minutes to showcase their items-new, used and old and I was informed late. To top it all, I don't have cash in my wallet except for few coins..aaarrrgh....I'm always looking forward for this kind of market because students will sell their moms unused beauty products like Cute Press Alpha Arbutin plus O.D.A White Miracle Brightening Essence , Loreal perfume, Mistine's mascara, Avon's pressed powder and many more for only 20 baht and if you have thick face you could even haggle up to 5 baht...LOL!

Grade 3 and 4 students were assigned to host the market yesterday

the boys were trying to sell their used Carter t-shirts and Ben 10 toys for only 15 baht!

the girls were selling their unused hair accessories, CDs, hankies and a teddy bear for
only 10 baht!

I get this elegant banded wrap v-neck 3/4 sleeve wrap top for only 20 baht!

This school market is a nice way for kids to earn money to let them understnad how to value money, make money and save money. They were taught the basic math skills. They know hoe to count back change to customers, total the and amount they’ve raised. Most of our students are kids of the rich businessmen in the city. They were taught about money at an early stage in their life. I'm sure they will not only understand the value of money but, they can also create their own ‘cash machine’ or businesses and who knows…… may end up being the next Bill Gates ! I observed that some of them learned the basic business skills already. Some displayed remarkable customer service skills.

For my son,Hyzyd, I want to be his mentor in financial life lessons. It's important that I could set a consistent example of responsible money management with our family’s finances. As many past surveys have shown, parents are highly influential when it comes to kids learning how to responsibly earn and manage money.

Are there other ways to teach our kids how to be responsible in money matters? Please do share your ideas and I would love to share your idea to the blogosphere.