Sam had last Friday off from school so I took him to the bank to get an elective signed off for Tiger Cubs. He had to talk to someone at the bank about what they do and what happens to money.
I asked if they offered minor accounts with no fees or minimum balances. Indeed they do, with a really low interest rate. Anyway, Sam was rexcited about opening his own account so we decided to deposit all the money from his piggy bank.
That evening Yagopuchae decided to explain 401k retirement accounts. He promised to match Sam's deposits 100%. Sam got his piggy bank and we started counting. Yago thought he'd be out about $40, turns out there was about $150 in that piggy bank.
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2 comments:
His next lesson is going to concern contract law and how "if it isn't in writing" it was never agreed upon.
Mick-o,
Sam may be calling you for legal options.
oral contracts are totally enforcable...tell Schmitty to call me....we can take this to the supreme court
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