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A Very Special Personal Finance Interview 6 Months Later


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 πŸ™‚

1.) How old are you?


Previous answer: (no answer, just a gesture of four fingers)

2.) Do you like money?


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?


Previous answer: Zero.
Not sure what to think of this repeat answer πŸ˜›

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 πŸ™‚

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) πŸ™‚


  • Reply Chris |

    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?

  • Reply MVP |

    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!

  • Reply Mandi |

    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.

  • Reply Big Saver |

    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!

  • Reply KCLau |

    really funny little guy.
    I wonder when can we start teaching our children about money concept?

  • Reply shaz |

    kids and money just = greed for more toys as soon as i mention even a £1

    A journey of a young UK based Muslim

  • Reply Chitowngirl |

    Sweet as pie! I love it. Just makes you smile. Kids are such blessings! =)

  • Reply Emma |

    Loved this! Asked the same questions of my 6yo and he also wants all the money in the world – the whole thousand dollars lol.

  • Reply Stop Swimming |

    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.

  • Reply Tricia |

    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 πŸ™‚

    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.

  • Reply pf101 |

    Very cute. Great job for getting a jump on his financial education. Next year he’ll be helping you with the budget!

  • Reply FrugalBabe |

    This is adorable πŸ™‚ 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?

  • Reply Tina Anderson |

    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.

So, what do you think ?