• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar

Dan's Daily

  • Blog
  • About
  • Show Search
Hide Search
You are here: Home / Blog / Chocolate and Debt

Chocolate and Debt

Dan Cullum · Sep 28, 2020 ·

Chocolate helped me understand debt.

When I was a kid, Cadbury Chocolates had a programme to help children fundraise for sport, music, and art extracurriculars.

You’d get a box of 20 chocolate bars, and you’d sell them to friends for $2 each.

No money had to be paid upfront. With the $40 earned, you’d have to give $20 back to school to cover the cost of the chocolates.

On those long, hot summer afternoons, the box of chocolate bars sitting beside my school bag were too much of a temptation.

I’d think to myself, “One bar, it can’t hurt, it’s only $2.”

But by the end of the week, I’d be 5 bars down, and $10 in debt to my own fundraising goal.

Mum wasn’t pleased when she found out, and the $10-sized hold in my pocket money allowance was my lesson in taking responsibility for my actions.

It’s a simple example, and not reflective of debt-in-the-real-world, but the lesson has stuck with me. Debt may be easy to take on, but there’s always a price down the line.

So unless the debt helps acquire something that will appreciate in value—such as a house or education—it’s usually something to avoid.

Blog

Primary Sidebar

SUBSCRIBE

Sign up via Email

Recent Posts

  • Above and beyond
  • The future train driver
  • Everything in one place
  • The risk doesn’t change
  • Don’t get beat by the broken camera

Archives

  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • January 2019

© 2025 Dan Cullum · Log in