News Artcle

Gifts to begin new year can impart wisdom by Claudia Buck Mcclatchy Newspapers Published Dec 29, 2012 01:01AM MDT For 11-year-old Max Schwartz, the holiday gift he was most curious about was a little box of dollar bills. Last year, as an incentive to get Max thinking about saving, spending and donating, his banker dad offered to double part of his $24 monthly allowance. In return for not touching those savings all year, his father dangled another bonus. He’d double it again at year’s end. Twelve months later, on Christmas morning, Max opened a check-sized box. Inside was $200 in crisp dollar bills. His fath... Copyright 2012 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.