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Back in November, I did a little interview with my son (he was four at the time) and asked him some basic money-related questions. I decided to ask him the same questions again now that he is five to see if anything has changed. I hope you enjoy 
1.) How old are you?
Five.
Previous answer: (no answer, just a gesture of four fingers)
2.) Do you like money?
Yup.
Previous answer: Yes.
3.) What do you like about money?
Because I want to buy something.
Previous answer: That why I can go somewhere with dollars.
4.) How much money do you have?
One hundred thousand.
Previous answer: One hundred.
He added on a “thousand”…I love it!
5.) How much money does mom and dad have?
Zero.
Previous answer: Zero.
Not sure what to think of this repeat answer 
6.) How much money is there in the world?
One hundred thousand eighty ninety thousand.
Previous answer: One hundred eight in all the world
LOL - sometimes I wish I could get inside his mind.
7.) How do you get money?
From the bank and from mom and dad.
Previous answer: From Grandma.
To his Grandmas…breathe a sigh of relief, you are officially off the hook now
8.) What is a bank?
A bank is a place you can make dollars out of pennies and make your money bigger.
Previous answer: Keep your pennies safe.
Yay! He’s learning!
9.) If you had $100 dollars what would you do with it?
Buy stuff.
Previous answer: You can buy a four wheeler.
Well, he still wants to spend it, but at least he’s out of the four wheeler stage LOL.
10.) How much money would you like?
One hundred thousand eighty ninety thousand.
Previous answer: One hundred.
I guess my little guy wants all of the money in the world (Question #6)
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Don’t stress about getting money for college. There are many different ways to set up a payment plan and payback any kind of loans no matter how daunting they are! Take care of your student loans soon!
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Posted: May 31st, 2007 at 4:44 pm
That’s great that you’re teaching your kid about money.
As a parent, I wonder what your opinion on the practical money skills for life (http://www.practicalmoneyskills.com/english/at_school/teachers/) lesson plans are?
Posted: May 31st, 2007 at 6:43 pm
That is too cute. I love that you did this…it’s a fun way to stay focused on what you’re teaching him about money and how he’s processing it all. Next question: “What do you think about credit cards?” Ha, I’d like to hear the answer to that one now and 15 years from now!
Posted: May 31st, 2007 at 9:55 pm
I love the freshness of a child. You are doing an amazing thing for you and your family, but I think what is more important, you are teaching your son how money is a good thing, but not the best thing.
Posted: May 31st, 2007 at 10:19 pm
That has got to be the cutest thing I’ve read in a long time. I giggled all the way through it!
Wow kids say the darndest things…can’t wait to see how he has progressed with the next interview!
Posted: May 31st, 2007 at 11:21 pm
That is the cutest thing! You can tell he’s learning LOL
Posted: May 31st, 2007 at 11:30 pm
really funny little guy.
I wonder when can we start teaching our children about money concept?
Posted: May 31st, 2007 at 11:57 pm
Excellent stuff! Sounds VERY much like our 4yo daughter …
Posted: June 1st, 2007 at 1:05 am
kids and money just = greed for more toys as soon as i mention even a £1
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A journey of a young UK based Muslim
Posted: June 1st, 2007 at 7:44 am
Super cute! Your child is adorable!
Posted: June 1st, 2007 at 3:28 pm
Sweet as pie! I love it. Just makes you smile. Kids are such blessings! =)
Posted: June 2nd, 2007 at 12:19 am
Adorable! Your son is too cute!
Posted: June 2nd, 2007 at 5:33 am
Loved this! Asked the same questions of my 6yo and he also wants all the money in the world - the whole thousand dollars lol.
Posted: June 2nd, 2007 at 11:48 pm
[…] is cute. Tricia interviewed her 5-year old son about money. - I will say that my boys (ages 11 and 10) are a LOT more frugal now that they get an allowance […]
Posted: June 4th, 2007 at 12:21 am
This is way cute!
Posted: June 4th, 2007 at 4:52 am
Cuteness! Wanting all the money in the world and knowing that your money comes from your parents are two dangerous thoughts, aren’t they? Hehe.
Posted: June 4th, 2007 at 7:33 am
Chris - thanks for that link! I had found that site earlier in my blog, was going to look at it more, but I didn’t bookmark it
Stop Swimming - oh boy…I didn’t even think of the connection with him getting money from us and then him wanting all the money in the world. LOL.
Posted: June 4th, 2007 at 8:14 am
[…] dream then jumps to when he was talking to his child about finances [Blogging Away Debt]. Little Kimberly’s answers were just so […]
Posted: June 5th, 2007 at 3:48 am
Very cute. Great job for getting a jump on his financial education. Next year he’ll be helping you with the budget!
Posted: June 5th, 2007 at 4:59 pm
[…] Tricia from Blogging Away Debt performed a Personal Finance Interview. […]
Posted: June 5th, 2007 at 8:34 pm
[…] Blogging Away Debt talks to his child about money. […]
Posted: June 5th, 2007 at 10:28 pm
[…] A Very Special Personal Finance Interview 6 Months Later […]
Posted: June 6th, 2007 at 1:58 pm
This is adorable
How great that you’re discussing money with him from such a young age. Does he already have a bank account where he can grow his pennies into dollars?
Posted: February 20th, 2008 at 3:37 pm
That’s so cute! I think it’s fantastic that you teach your son about money at such a young age. The earlier he learns, the better off he’ll be for his whole life.