Cash Machines
The title would suggest that I have something against cash machines. I don't in the sense that they are a useful and necessary part of modern life. I'm old enough to remember a time before cash machines. I used to have to wait until Saturday to go into town, queue, take my cash out etc. When cash machines arrived on the high street it was a revolution.
What I'm contemplating in this blog post is the effect of the cash machine on a younger generation that hasn't know a time without them.
I always understood where money came from and how hard it was to accumulate it. My parents worked hard and at times money was in short supply. I never assumed that my parents could just keep producing money for whatever I wanted.
I recently heard a child say "just get more money from the machine" to a parent who clearly wasn't in the same frame of mind. This made me think. The child associates money coming from a machine and that the supply is endless. There is a disconnection between where money comes from, how you accumulate it and what the point of excess is.
Parents should take the time to describe money in its fullest sense to children. Their understanding of it will shape their actions and define how they approach life in lots of ways. Without guidance and a firm understanding of how to manage money and how it effects their options then children will struggle to make sensible choices.
What I'm sure of is young people need to break the relationship between cash machines and where money comes from ... it never will be a good association.
The title would suggest that I have something against cash machines. I don't in the sense that they are a useful and necessary part of modern life. I'm old enough to remember a time before cash machines. I used to have to wait until Saturday to go into town, queue, take my cash out etc. When cash machines arrived on the high street it was a revolution.
What I'm contemplating in this blog post is the effect of the cash machine on a younger generation that hasn't know a time without them.
I always understood where money came from and how hard it was to accumulate it. My parents worked hard and at times money was in short supply. I never assumed that my parents could just keep producing money for whatever I wanted.
I recently heard a child say "just get more money from the machine" to a parent who clearly wasn't in the same frame of mind. This made me think. The child associates money coming from a machine and that the supply is endless. There is a disconnection between where money comes from, how you accumulate it and what the point of excess is.
Parents should take the time to describe money in its fullest sense to children. Their understanding of it will shape their actions and define how they approach life in lots of ways. Without guidance and a firm understanding of how to manage money and how it effects their options then children will struggle to make sensible choices.
What I'm sure of is young people need to break the relationship between cash machines and where money comes from ... it never will be a good association.