Every year, American Girl introduces a brand-new doll to the world. This doll and her accessories are only sold during their calendar year–a great marketing ploy. In 2006, Jess was the “Girl of the Year.” My seven year-old daughter received her as a Christmas gift. My daughter really wanted to some of her accessories. However, she didn’t quite have the money. So, she did what all good Americans do. She borrowed the money.
Her 12 year-old sister loaned her the $20 that she needed to purchase the item. The interest on the loan was 25 cents each week. My 10 year-old thought that it was worth it, so went ahead and made the purchase.
With little money coming in, my 7 year-old had a difficult time paying off her loan. She learned well the truth of Proverbs 22:7, “The rich rules over the poor, and the borrower becomes the lender’s slave.” She was in bondage and hated it. She ended up paying back something like $28. By God’s grace, she has pledged never to be in this situation again.
How grateful I am that she learned this lesson when the consequences were small.