Wednesday, January 30, 2013

Milkshake Economics 101

Here is our economics lesson for the day... Savannah and I wanted chocolate milkshakes. Now I could have just went to McD's, but it has been an expensive month going to be followed by 2 more expensive months in the Clayton household. We are teaching our kids to budget and live within their means. We run our month from the 5th of the month till the 4th of the next month because we use our credit card for everything and that is how the cycle runs. We still have a few more days to go with an out of town competition coming up tomorrow. So... when the kids wanted ice cream... I had 3 choices:

1. Be mean and just say NO!

2. Run to McD's (so nice of them to just build one right down the street) and order us up          some ice cream.

3. Run to Walmart, buy some French Vanilla ice cream to make our own.

The first option costs us nothing... but we have been sick and food has not been our friend. Both Savannah and I thought ice cream sounded good to eat and that says a lot since we have barely eaten in a couple days.

The second option was to buy shakes at McD's. McD's being way cheaper than the Sonic option across the street will still run you about $2 a shake - could be slightly more or less depending on location. So - $6 for 3 shakes.

The third option - buy ice cream at Walmart - $2.97 for a half gallon of French Vanilla. We already had milk and chocolate syrup. We used maybe half of the half gallon (that's a tongue twister!).  So, about $1.50 in ice cream and maybe if we were going to be on the pricey side for milk and chocolate - 50 cents for that stuff. So, we are up to $2 for 3 milkshakes.

Here's the economics lesson... we could have spent $6 or we could have spent $2. The taste was basically the same. It took a bit more work, but heck... I needed to pull that blender out of the cabinet to find that I had not one, but two blenders. Then I asked why I had 2 blenders and Savannah reminded me that one was Timmy's. He bought a blender while were at Disney for mixed drinks and then just left it in my van. Yes, he was funny that way and that made me smile - so I'm glad I got a happy memory to go with digging out the blender. So... all in all... this is a no brainer here - it was a good idea to make our own milk shakes and hopefully some day - my kids will get that when they are at the end of the money and there is still some month left to go - they can make milk shakes and all will still be well with the world.

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