The Value of Money

Many youngsters do not understand the value of money because their needs are met by their parents. Children have no real concept of what it takes to earn the money their parents spend. Marc is no exception, but Jake begins to teach Marc lessons about money over their summer together. Marc spends a lot of his time earning money he believes he will be willing to spend on a new bicycle. Along the way, Marc learns that it takes hard work to earn money. He also learns that he can save money by putting forth some effort and that he gets a good feeling when he spends some of his money to help someone else.

Marc desperately wants a Bentlee bicycle, and he describes the bike to Jake in excited terms. He says that he believes the $189-price tag means nothing to his...