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“Money gives them space to pay.”

What Joey, a 4-year-old, thinks about money

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This is part of The Wealthie Interviews With Kids, our ongoing series that helps parents talk to their children about money. Today’s kid is Joey, a four-year-old. Want to ask your kid these questions? Our script is here, and if you’d like us to publish the results, let us know! We’ll commission a portrait for every kid we feature.

What would you do if I gave you $10?

I would keep it, because I don’t want to use it right that minute.

What would you do if I gave you $100?

I would save it for a long time. At least until I find something that costs that much. If I find something that much, I would pay for it.

What’s the best gift you’ve ever been given?

A remote-control car.

What can people do with money?

They pay. Money gives them space to pay. You pay and pay and pay until your wallet is full of as much money as it can hold.

How do people get money?

Oh, let’s see. The very first place? From your mom or dad.

What if you’re already an adult? How do adults get money?

Then, if they don’t have, they ask another adult that has.

What are THREE things that everyone should know about money?

That it helps you pay. That money is important. I’m not sure what the third one is. Oh, I think I know it: Money is special.

Wealthie’s Interviews with Kids are an ongoing project. If your kid would like to take part, you can find the questions here.
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“Money is not the whole world”

What Kavi, a 12.5-year-old, thinks about money

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This is part of The Wealthie Interviews With Kids, our ongoing series that helps parents talk to their children about money. Today’s kid is Kavi, a 12.5-year-old. Want to ask your kid these questions? Our script is here, and if you’d like us to publish the results, let us know! We’ll commission a portrait for every kid we feature.

What would you do if I gave you $10?

I would put it in my wallet for spending money.

What would you do if I gave you $100?

I would put it in my piggy bank. It is more than $10 and more than spending money, so I would save it for clothes, shoes or video games.

What would you do if I gave you a million dollars?

Make a bank account and deposit it, because it is safer that way.

What’s the best gift you’ve ever been given?

It’s between my phone and PS4, because both allow me to interact with friends.

What’s the worst gift you’ve ever been given?

Sandwich maker, because I can’t put it to use it at this age.

What’s the cheapest thing you can think of?

Candy, because it is at convenience stores.

What’s the most expensive thing you can think of?

A house, because houses in Toronto are so expensive.

How do people get money?

Working, investments, gambling, sales. My parents work for their money and I learned about investments in class. I am aware of the shoe resale market where people make a profit on shoes they bought.

What can people do with money?

Spend it, save it, give it, or lend it. That’s what I see people around me doing.

What are THREE things people should know about money?

Save it. Money is not the whole world. Spend it wisely.

Wealthie’s Interviews with Kids are an ongoing project. If your kid would like to take part, you can find the questions here.
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“I would get a houseboat.”

What Teddy, a 6-year-old, thinks about money

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This is part of The Wealthie Interviews With Kids, our ongoing series that helps parents talk to their children about money. Today’s kid is Teddy, a six-year-old. Want to ask your kid these questions? Our script is here, and if you’d like us to publish the results, let us know! We’ll commission a portrait for every kid we feature.

What would you do if I gave you $10?

Save it so I can add it up and buy stuff like food.

What would you do if I gave you $100?

I would get a houseboat. I could sail around but also have a place to live.

What would you do if I gave you a million dollars?

Buy food and buy a houseboat. If there was money left over, I would buy a house and more food.

What’s the best gift you’ve ever been given?

A remote-control car.

What’s the worst gift you’ve ever been given?

A Beyblade, because they’re not cool.

What’s the cheapest thing you can think of?

A candy which is five cents.

What’s the most expensive thing you can think of?

The world.

How do people get money?

They get money from the bank.

What can people do with money?

They can buy stuff.

What are THREE things people should know about money?

How to use it. How to get it. That’s it.

Wealthie’s Interviews with Kids are an ongoing project. If your kid would like to take part, you can find the questions here.
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“Who gives a kid a million dollars?”

What Plum, a 9-year-old, thinks about money

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This is part of The Wealthie Interviews With Kids, our ongoing series that helps parents talk to their children about money. Today’s kid is Plum, a nine-year-old. Want to ask your kid these questions? Our script is here, and if you’d like us to publish the results, let us know! We’ll commission a portrait for every kid we feature.

What would you do if I gave you $10?

I would probably save it.

What would you do if I gave you $100?

I would save it because that’s what you want me to say.

What would you do if I gave you a million dollars?

I would ask you what in the world you are doing because who gives a kid a million dollars?

What’s the best gift you’ve ever been given?

I can’t answer that. You have to like all gifts so that the person doesn’t get mad.

What’s the worst gift you’ve ever been given?

I can’t remember.

What’s the cheapest thing you can think of?

Nothing. There’s probably something that’s less than a cent but I can’t think of it.

What’s the most expensive thing you can think of?

One thing or a bunch? Could I say infinite mansions? One thing? If you bought one of the seven wonders of the world.

How do people get money?

They work.

What can people do with money?

If you invest in a company, it means you are a rich person and you think the company that makes fluffy toilets is going to do well. So you give that company 5 million dollars and because everyone loves fluffy toilets the company will make money and so will you.

What are THREE things people should know about money?

How to get it, how to spend it, and how to save it.

Wealthie’s Interviews with Kids are an ongoing project. If your kid would like to take part, you can find the questions here.
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“You can’t just spend all your money on stuff or you’ll end up with no money”

What Emily, a 7.5-year old, thinks about money

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This is part of The Wealthie Interviews With Kids, our ongoing series that helps parents talk to their children about money. Today’s kid is Emily, a seven-and-a-half-year-old. Want to ask your kid these questions? Our script is here, and if you’d like us to publish the results, let us know! We’ll commission a portrait for every kid we feature.

What would you do if I gave you $10?

I would say thank you and can you bring me somewhere to spend it?

What would you do if I gave you $100?

I would say thank you.

What would you do if I gave you a million dollars?

I would say let’s go spend this money!

What’s the best gift you’ve ever been given?

My monkeys.

What’s the worst gift you’ve ever been given?

Nothing. I like all of my gifts.

What’s the cheapest thing you can think of?

Paper.

What’s the most expensive thing you can think of?

A mansion.

How do people get money?

They could sell things.

What can people do with money?

They could save up or they could spend it on stuff.

What are THREE things people should know about money?

  1. It’s dirty. Don’t put it in your mouth.
  2. You can’t just spend all your money on stuff or you’ll end up with no money.
  3. Money could be paper and metal.
Wealthie’s Interviews with Kids are an ongoing project. If your kid would like to take part, you can find the questions here.