Lemonade stand

JD decided a couple of weeks ago that he wanted to do a lemonade stand and yesterday was the big day. It's great to see him take iniative to do things like this. He was very excited to make the lemonade and cookies and even found the recipe for the oatmeal raisin cookies himself in a book he got at the library. He also painted signs for us to hang up in our neighborhood to attract customers.

After 90 minutes, JD, AJ, and one of JD's friends from church had sold out and made $8 in revenue. Each cup of lemonade was a quarter. Same price for the cookies. So they sold 32 items in all - and ate/drank some themselves. Each kid got to put $2.70 in their piggy bank (we kicked in an additional dime to make the revenue split totally even). Being a MBA, I had actually proposed that my wife and I take 50% off the top to cover raw material and marketing costs but she thought it was ok for all the money to go to the kids. She's such a softie. =)