“For the love of money is a root of all kinds of evil, and in their eagerness to be rich some have wandered away from the faith and pierced themselves with many pains” (1 Timothy chapter 6, verse 10).
There is a lot of truth in that, because money issues can cause a lot of grief.
But star mathematician Eddie Woo is here to help, with a new series on ABC ME called Teenage Boss.
The series follows 15 teenagers who are given total responsibility for the family budget for a month, with Eddie as mentor.
He is a perfect choice for the role, as head teacher of mathematics at a Sydney high school, and host of his own maths YouTube channel, WooTube, as well as being a 2018 Australia Day Local Hero and a proud Christian (who Warcry readers will have the chance to meet in next week’s magazine.)
So Eddie is a pretty good role model for our budding federal treasurers.
Teenage Boss is also one of those rare shows that can be watched and enjoyed by both generations. There are no goodies and baddies here, just real people facing the kind of issues common to all of us.
It’s fascinating to watch the evolution of the teenage family budget managers over the course of the month.
In the beginning, the magic and excitement of being responsible for the family’s financial survival for a month is intoxicating, and each teen has wonderful ideas about how they can shave money from one part of the budget and reallocate it to another—usually one that will have great personal benefit for them.
But as time goes on, and sometimes unexpected bills or miscalculations throw a curve ball their way, they call on Eddie for advice on how to dig themselves out of a potential hole.
In the first episode we meet 13-year-old Vasanth, who is desperate to cut costs in the family budget so he can afford a flash accessory for his beloved scooter. Along the way he sees his priorities change and decides to put his family first, ahead of his own yearned for goal.
In episode two Ellenor, also 13, dreams of saving for a double bed, and the realities of coping with the needs that a family budget must address soon make her a wiser and more caring soul. Both Vasanth and Ellenor are very likable and unaffected Australian teenagers.
What is impressive is that these kids never give up, but are always committed to finding solutions, and by the end of the show they are wiser individuals who have also become more selfless about the family’s financial needs so that everyone can survive.