That Time My Son Paid Off His Loan With His Birthday Money

In September my 11yo son asked to borrow money for a video game, and we loaned it to him instead, with a contract, interest, and payment schedule (some of you might remember the original post).

Three months in he missed his first payment. During our loan meeting he looked at us with a snark that seemed to say, “What are you going to do about it? I alread…