If compound interest is so good, why do we have simple interest?
If bankers know so much about money, they must be the richest in the world, right?
If you get more knowledgeable as you grow up, why don’t you get wiser with money?
Why don’t they teach us about saving and investing in schools?
If saving money is so important, why are you giving us balloons, which is a waste of money?
Well, these were just a few of the many questions that stumped us during the first session of our Camp Millionaire money workshop for children (click here to know more) in Bangalore last Saturday.
We had 32 children in the room, ranging from ages 8 to 15. It was heartening to see a few traveling all the way from far off places like Kerala, Chennai, Gurgaon, Sambalpur, Ichalkaranji, and Kuwait. For us, it was a fascinating experience especially because it was the first time we were handling kids and the subject of money together at one time.