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Wednesday, July 23, 2008

Ask for water

Of late, I've been spending some quality time with my daughter who just turned 600-day-old, so I'm in kinda "family mood" feeling like a "great dad"; This article by Dr. Money came my way and I thought it's good to share:-

One of the $ games Dr. Money plays with his children:
" (ii) A money game at restaurants focuses on their highest mark-up item: Drinks. If you ask for water instead, you can quench your thirst with no cost and no calories. It's a great inflation fighter. When our kids order water, they get to split the savings with us. If a drink costs $2 and water costs $0, then our daughters earn half the savings of $1.
It also teaches a lesson of capitalism: Don't take all the profits. Deals work best when there is something in it for everyone, including mom and dad. "




Read the full article.

I too have some ideas on such little tips to share. Let me gather my thoughts and share them here at a later date. :-)

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