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A business sense related question came into my mind. It goes like the the following.
Sara runs a shoe store. She bought a pair of fashion shoes for $30, but had to put them on sale for $20 as they were not moving.
Betty bought the shoes and paid Sara a $50 bill cash. Sara had no change, so she exchanged the bill with her neighbor Nancy.
Later that day, Nancy came over and told Sara that the $50 bill was fake, so Sara had to pay Nancy another $50.
So the question is how much did Sara lose on this pair of shoes?
99% of the people don’t get this question right in the first attempt. I am astonished and don’t believe that statistics. Give it a try and share your answer in the comment area.
Nevertheless, I think it is a good idea to start development business and financial sense when kids are young. That doesn’t necessary mean giving kids text book literature, but more casual and fun ways. For example, you can make a piggy bank and save coins with them. This kind project is meaningful and interesting. Kids love it. Here is way to turn a plastic bottle into a cute piggy bank. Super easy to make at home. Hope it makes sense!