My sister and her family came over for dinner last Saturday night.  Her son, who is about 11 years old, had brought over homework that he needed to finish.  Because he had some questions he was struggling with, he thought perhaps he could get his homework done by committee.

The questions pertained to what I used to know as "current events".  I have no idea what they call it now.  One of his questions involved the bailout and congress.  I suddenly struck me that our children are very aware and conscious of the struggles we are experiencing in the housing market and on Wall Street.  What must they be thinking?

When I was 11 years old (many, many years ago), I guess I was somewhat sheltered from the crises that were occurring in the world.  We didn't have instant information - no Internet, no cell phones.  People got their information from the newspaper and the evening news. 

Today, due to the Internet, children are thrust right into our "current events" and it must be pretty scary.  As freaked out as adults are, you can imagine what's going through our children's heads.

I firmly believe this crisis will pass and there will probably be many improvements as the result of it.  Eventually, what we are experiencing now will be history.  I hope when authors write about it in the history books, it will show we had a happy ending.

Take care.

 

11 Comments on Today Will Soon Be History

OCT
06
2008
156,345 Points 1 Featured Post

I think it is a good thing that children are learning at an early age about economics.  That way they can become responsible adults.

11:17am • #1
369,083 Points 23 Featured Posts Localism Sponsor Outside Blog

Cindy what a good point!  Sometimes I wonder how come the kids are so smart these days - but it is a double-edged sword - they have access to so much information - it can be overwhelming - but then again they can't use ignorance as an excuse can they?  :-)

11:18am • #2

Great post! I think young children should not have to worry about financial things. As they get a little older they should be more aware i guess

11:19am • #3

When 9-11 happened my 7 year nephew was the most calm and level-headed person in the room.  His perspective was amazing!

11:19am • #4

It is so true that children are learning as things occur. The Internet has made available to everyone what used to be only available to the few..Information...

I too hope we have a happy ending. I worry about my children and their children and so on and so on......

Happy Monday...

Lori Isaacson

11:20am • #5
152,059 Points 19 Featured Posts Localism Sponsor Outside Blog Hit Router

This is so true.  I also think about when we were in school everything was in the textbooks.  Now think about technology and how future generations will see history live and in color.  So different.

You are right, so interesting that an 11 year old would want to be having a discussion about the bailout when most adults don't understand it.

11:32am • #6
1 Featured Post

I'm with Angela on this. I hope that our children will learn from all this mess and get back to the basics. It's time to change our personal and government spending habits and that means living below our means, saving money, and bring prudent with credit and debt.  It's a shame that there is not financial education provided in schools.  It'd be nice to think that children can get it at home, but I know that was never discussed as a child in my home. I had to learn through the school of hard knocks. I'm so grateful that I was introduced to Dave Ramsey's Financial Peace University. It has changed my life and the way I spend money.

Michele Reneau, CRS, ABR, GRI ~ Charleston, SC Relocation Expert

11:38am • #7
4 Featured Posts

My children are 9 & 10 years old.  They do not worry about the money situation in our land, and they do know about it.  They trust that their Mommy & Daddy will take care of them.  They are happy and as carefree as ever.  :-)

11:55am • #8

Cindy,

When I was growing up there was a rockpile of things that weren't discussed.  Even though my grandmother saved string and aluminum foil etc., and even though I wasn't raised in affluence, I had no real idea of what was going on around me.  I think it is good that children can be exposed to some of life's realities, because they are and have been in existence whether or not we wanted to admit it.  I think the best lessons in life are the ones we learn watching how people address the problems.   This way we learn that how we face life's challenges is the most important thing.  Some of my best ephiphanies have come from comments that my children made when they were young...they aren't caught up in all the hype and can see through the all the garbage.

12:06pm • #9

Cindy - thanks for the perspective

Sarah - as they should be

12:37pm • #10
OCT
07
2008

My kids (6,4,3) have learned to word budget!  Money comes a harder these days.  So what if they get a few less toys.  They are still happy.  Maybe even happier!

7:57am • #11

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Cindy Leiterman Green Bay, WI

Green Bay, WI

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Resource One Realty, LLC

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