Mar 31 2011

cost analysis, kid style [day 309]

My youngest son came home with this a few weeks ago.

I’m not sure why he decided to draw this, but I’m glad he gets it.  Joe likes money and likes to spend money, but he also lives in the real world.  He’s 10 years old and somewhat budgets his money, that is, enough budgeting to get what he wants to buy.  He talks about buying stuff all the time, but he’s selective when it comes to actually making a purchase.

My oldest talked about an idea he had for an environmentally friendly missile.  While we were sitting in our think tank (hot tub), Cole spent almost 15 minutes telling me about his missile design.  It’s a missile that puts out an environmentally friendly gas that temporarily paralyzes people, allowing the police to ‘go in’ and get the bad guys, place them in prisons, and when the gas wears off, nobody is harmed in the process.  Here’s the blueprints.

Here’s the best part.  Yesterday, he did a cost analysis and figured out was his profit margin will be.  ??!!??!  How does he know how to do this?  He’s eleven years old.  I’ve talked about cost analysis stuff, but I’ve never shown him the process on paper.  Take a look.

Not only did he think of the labor costs, but when Joe talked to him about advertising, he adjusted the analysis accordingly.  I’m guessing Joe’s ad plan for him was to advertise during the Super Bowl.  If my two radically different kids partner together in the future, using their gifts to collaborate for good, they’ll do great things.  Yes, I’m the proud parent today.  :)


Oct 24 2010

strings attached… [day 150]

I was paging through a girly magazine as I getting my hair done last week.  ‘Done’ meaning colored…  So this isn’t my normal choice of magazine, as I prefer art, life or business themes, however I thought I would look just to see what the hype is about.  I’m sure shopping in thrift stores doesn’t provide me with the current style trends I might need to know.

Strings attached… Now I love my friendship bracelets.  I have a few from my kids, some from friends, some made by the kids at Casa Hogar and one I found on the floor at the library.  I’ve had them on for months.  Mine are special because they were made by people I know, or the store bought ones (that probably cost less than $.25) given to me for s special reason.

Now I liked these pictured in the magazine, that was until I saw the price.  They range from $130 to $250.  Is that for all of them?  And enough for my friends?  The strings attached would be knowing that your friend gives you a piece of jewelry that costs as much as a small car payment.  Detaching strings…    Continue reading


Aug 19 2010

just curious, because I don't get it [day 82]

Glance at the photo.  What is the first thing you saw?  I saw Gucci underwear.

I found this on a Facebook ad a few weeks ago.  Do they know that this handbag looks like underwear?  Was that intentional?  Is it some subliminal message about undergarments that makes women want to buy a Gucci bag?  Just curious, because I don’t get it.