Economics 101

Economics 101

July wooden calendar

 

We try to teach economics 101 to the four future taxpayers living here at the farm.

Dollars and cents.

Supply and demand.

The Laffer curve.

Why money doesn’t grow on trees.

 

Red and Turquoise Playroom

 

So it was a proud moment when my nine-year-old announced, “Mom….I’ve paid off my mortgage.”

 

She had been playing Animal Crossing.

If you haven’t heard of Animal Crossing….it’s a video game in a pretend town with a pretend general store and a pretend hair salon and a pretend coffee bar and a pretend museum. And it’s full of pretend animals who live in pretend houses.

And it’s all run by an economic genius fox named Tom Nook.

 

pink turquoise bird

 

Tom, who is a fox, has a monopoly on the town.

Somehow…..he owns the houses and the furniture and the shovels and the fishing poles and all the groceries.

And an occasional flying saucer.

You play the game by fishing and picking fruit and digging up an odd assortment of vegetables.

And selling them to Tom Nook.

Who then turns around and takes all your profits when he sells you wallpaper and flooring and lamps and radios for your house.

Genius, right?

 

turquoise red poof in playroom

 

So when my nine-year-old told me she had paid off her mortgage.

I was so happy.

I thought….to myself…..she actually outsmarted Tom Nook.

 

She was content in her starter home with her fishing pole and shovel.

She had learned the first lesson in Economics 101.

Be happy with the simple things in life.

 

pattern pillow with felt bird

 

So it was with great pride that I turned to my little entrepreneur and asked, “What are you going to do now that your house is paid off?”

“Are you going to donate your fish to the museum?”

“Are you going to pick apples for your sister to help pay off her house?”

“Are you going to help pull weeds in the neighborhood?”


She stared at me.

“What?” she asked….confused.

As if I asked a silly question.

As if the answer were already a foregone conclusion…..one that obviously eluded people who didn’t play Animal Crossing and live in the world of Tom Nook and friends.

 

“I’m going to buy a bigger house, of course,” she said proudly.

 

*sigh*

 

Obviously…..the American Dream is still alive and well at Animal Crossing :)

 

PS  This post is brought to you by the colors red, white and turquoise.

It’s time for a linky party!

Andrea and Karah and Kelly and Linda and I want to see what color inspires you!

All About Color

Tuesday, July 31

Hope to see you there!

 

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Comments

  1. Hahaha! Oh, that’s rich! Love it!

  2. Pippa Griffin :

    Loved hearing about your economics class! Where did you get those wonderful red containers for art supplies? Would love to get those for my studio!!!

  3. So funny and true!

  4. Very funny :)

  5. A gal after my own heart! Give that young lady a hug for me! xo

  6. Great!! Good for her..

  7. Well, I think you have quite a entrepreneur on your hands!…Always enjoy seeing that super cute Art House!…

  8. I remember being at the store with my mom when I was a kid and when I asked if we could buy something and my mom said we didn’t have the money for it I said ‘just write a check’. Duh! You can always just write a check, right?!?!

  9. My daughter used to ask me if we could use the “money card”. Had to start carrying cash… though I haven’t done that for a while, hmmm.
    Love the pictures, especially the happy lil’ birdy! Oh, and I just love Red, White and Turquoise!

  10. Priceless!
    I think they should be playing that game in schools – good lessons for everyone.

  11. Well bigger is better, she’s got the right idea! Those are such cute colorful pictures too!

  12. Oh I loved this post! Now off to learn more about the game.

  13. I am all too familiar with Animal Crossing! My girls can pick apples with the best of them. They are fifes to the great and powerful and omnipotent Mr. Nook! Maybe we can create a new game that will sweep the nation – Roth IRA Crossing!
    Kelly

  14. *sigh*

    I fear Animal Crossing and the evil Mr. Nook is only teaching our kids that the grass is always greener on the other side of the fence … and yet Animal Crossing is new to me. My kids are all about the Minecraft … and I don’t know if there is an evil slumlord Lording over the kingdom …

    :)

    Looking forward to our colorful party!

    me

  15. Such a cute story!

    Tom Nook sounds like a devious fellow.

  16. Glad to know my farm kids aren’t the only ones who enjoy the occasional video game ;)

    With Animal Crossing, my now 13 year old daughter really took off with reading back when she was 6. I could only sit and help her read the dialogue for so long so when I moved on, she figured it out on her own and now she’d rather read than nearly anything else. She still loves that game.

  17. Love the splash of color … particularly the splash of red. Seriously my home looks messy next to yours!!! :)
    Hugs,
    Bj

  18. Love your colourful pictures :-)

    I guess we learn at a young age to upgrade to bigger & better everything! Although I have to say, after watching the two HUMUNGOUS houses being built on our street over the last few months, I’m over the whole bigger is better thing. My next house is going to be small and cozy :-)

  19. That’s funny stuff! Be sure and tell her the bad news about owning a bigger house…more square feet to keep clean. I mean how many bathrooms can one person scrub in a week? Unless of course, the house comes with a staff? ;-)

    Love your photos!

    xo-Lisa
    p.s. my american dream is for a small cozy old house with character, but one with his and her bathrooms to keep my marriage happy! ;-) Oh, and an organic garden out back.

  20. Hahaha! Still a clever girl!

    Can’t wait until Tuesday!

  21. Sounds like a GREAT game!! She’s after my own heart with the “buy a bigger house” comment – too funny!
    Stacy

  22. CUTE playroom! And I giggled at the bigger house comment :)

  23. Any chance know where I can get one of those date plaques that have the month, day, and week on it? I love, love, love that and would be thrilled to get one for my daughter!
    Tahra

  24. At least she knows what a mortgage is…that’s a good start! I’m going to check out Animal Crossing, thanks for the tip, :-)

  25. :) The american dream seems to be born in americans huh?! Hey at least she paid off her mortgage BEFORE buying a bigger house!!

  26. They grow up so quickly, don’t they? Adorable!

  27. Love this!

  28. Adore it all- your cute little family, their economic lesson, the fun playroom!!
    What a beautiful life you live, friend!
    xo Becca

  29. I’ve never heard of this game before but I love the concept! My oldest is only two but I’ll have to remember this for him when he’s older. Also, are these pictures from your house? I love how organized everything looks and all the cute labels you have!