Teaching financial literacy via the Tooth Fairy

Chilhood myths such as Santa Claus and the Tooth Fairy don’t usually do much for a child’s education. Beyond a small encouragement to critical thinking (how does Santa visit every house in only one night?), all they really do is delay telling kids how the world really works.

Jenny Trout has hit on a better way: she’s using the Tooth Fairy to help her daughter understand that there are two sides to every market. Way to go!

What other practical uses have you heard for these myths?

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