A strange thing happened -- twice actually -- during the past two days. My 10-year-old son and I had a financial discussion based on something we saw on TV. Here's how each of them happened:
- During the Super Bowl, we watched all the commercials (of course, though I had to switch channels quickly on a couple of them since they weren't appropriate for younger ages.) In particular, the Nationwide ad with Kevin Federline, the one where he goes from being a big star to working in a fast food place, sparked some interest from my son. He said, "Hey, dad, maybe you need to use those guys to help you with retirement." We then talked a bit about retirement (what it is, when it would happen, etc.) and then finished watching the Colts go on to win the big one.
- Last night we watched Deal or No Deal (something we rarely do because it's on too late and we prefer more calm activities before bedtime -- but my wife was out and there was no restraint among us.) ;-) Anyway, the guy playing the game was "playing to help fund his retirement." My son suggested that maybe when I was older and ready for retirement that I should go on the show to help myself out. I informed him that I was saving for retirement now so I wouldn't have to do that and he said, "You are?" We then briefly discussed the importance of saving for retirement early and often.
A few things struck me about these two events happening back-to-back:
1. I was surprised he brought up the subject in each case. I can't remember even knowing what retirement was at age ten. That said, I'm sure he retained little of what I said, but it's a start.
2. I guess TV CAN be educational -- even commercials and game shows!
3. I now have a new money tip: watch TV. No, wait a minute, you're NOT supposed to watch TV. Now which is it? ;-)
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