Got this from listening to Subir Chowdhury on Bulletproof Radio.
This is a question Subir’s grandfather used to ask him when he was six years old and he still remembers. I am going to do this with Madison soon.
Offer your child a coin (quarter) ( I may upgrade this to a $5 for inflation) or a pen. Which would they choose?
If they choose the money (which most will to fulfill an immediate desire for candy or some other short-term “need”), say “No, the wrong choice”.
Always choose the pen. With a pen, you can create something, you can write notes for years on college, you can take tests, you can pen a master piece. With the pen, you have long term creativity. With the money you have short term desire fulfillment, then you need more. Always choose long term creativity.