On Facebook in the last few months, various friends have listed jobs they had chronologically. I’ve gotten quite a lot of enjoyment from reading them, but in many cases I wanted to know more:
(1) how old were you when you had it?
(2) what did you do in that job?
(3) what did you learn from that job?
So I’ve decided to do a series of posts, starting with my earliest work (at about age 8).
WARNING If you find this uninteresting, do yourself a favor: don’t read on.
Hunting for golf balls.
At the summer cottage that I started going to every summer from the time I was 7 months old, there was a 9-hole golf course nearby run by the Minaki Lodge. My late brother, Paul, who was 11 at the time, introduced me to the idea of hunting for golf balls in the rough, cleaning them up, and then approaching golfers to sell them. A brand-new looking brand-name golf ball, Titleist or Wilson, would go for as much as 50 cents. I was 8 at the time and in 1959, 50 cents was a lot of money.
I learned a lot.
(i) Exchange rates.
A lot of the golfers were American and carried U.S. dollar bills. Depending on the year, the Canadian dollar was worth somewhere between 97 and 103 U.S. cents. In years when the Canadian dollar was worth 3 cents more, if the golfers asked me if I would accept U.S. money, I answered that I would accept them plus 3 cents on the dollar. In years when the Canadian dollar was worth 97 cents, if the golfers asked me if I would accept U.S. money, I replied, “Yes.”
(ii) Adults can lie.
Sometimes I would be looking around in the rough for golf balls and I would see a golfer looking for his ball that he had just hit. Every once in a while I would find one and I would feel honor-bound (I should say honour-bound, eh?) to ask if it was his. One time I did and I was pretty sure it wasn’t, given the distance between where he was looking and where I was looking. I naively asked if it was a Titleist. He answered yes. So I handed it to him. I wondered later, though, whether he was lying. (I still don’t know if he did; thus the term “can lie,” not “do lie.”) But I never made that mistake again. One time I held up the ball and asked a golfer if it was his. “What kind is it?” he asked. “Did you lose a Wilson?” “Yes,” he answered. “Ok,” I said, “this isn’t yours. It’s a Titleist.”
(iii) The relationship between risk and return.
My other alternative on the golf course, which I took up at age 9 or so, was to caddy 9 holes for $1.00. That typically took about 1.5 hours. I calculated that on average I made more than $1.00 for 1.5 hours of hunting for and selling golf balls. Moreover, caddying was harder: those bags I carried were heavy. Also, I couldn’t quit when I wanted; and I could quit whenever I wanted when I was hunting golf balls.
READER COMMENTS
Jacob Egner
Jun 9 2018 at 11:09pm
As always, I enjoyed your personal stories.
Mark Bahner
Jun 9 2018 at 11:29pm
Yes, intrepid golf ball finder (versus caddy) seems clearly to be the way to go. Especially since there are no gators in Canada.
My first job was cutting lawns at military family apartments in (West) Germany. It was 1971 and 1972. There were 18 apartments in a building, and each family paid $1 a month. But sometimes the buildings would be only partially occupied (even 12 families or less). Most months I’d say I made less than $1 an hour. If only we’d lived near a golf course! 😉
David R. Henderson
Jun 10 2018 at 12:14am
@Jacob Egner,
Thanks.
@Mark Bahner,
🙂
Joe Munson
Jun 10 2018 at 4:14am
My first money making endeavor was also finding golf balls for my Grampa when I was 6.
Of course, I just got childishly angry at the inequality in ability between my ability to find golf balls and my older sister’s ability to find golf balls and gave up pretty quickly.
But I did learn one valuable lesson: if you cry enough sometimes you can cause a policy change that gives you money :).
Somewhat interestingly, a guy whose financials I was going over made six figures braving the Gators, putting on a scuba suit and collecting mass amounts of golf balls in Florida.
I hate that your story is becoming less and less common, forcing teenagers out of the labor market and into schooling, is, in my view, very sad.
Disastrous for some, especially if they had bad parents and couldn’t get legally emancipated.
David R Henderson
Jun 10 2018 at 7:18am
@Joe Munson,
Thanks for your story, Joe. One reason, though, that it is becoming less and less common is that parents have become more and more financially generous. From the mid-1950s to the early 1960s, when I was about ages 5 to 11, my weekly allowance was 10 cents. That bought me one 7 oz. Coke. I wanted more money. I used to think my dad was a cheapskate for giving me such a low allowance while many of my friends were getting 25 cents plus supplemental subsidies. Now I’m glad.
Michael Byrnes
Jun 10 2018 at 8:38am
David wrote:
Not to mention overprotective…
David Boaz
Jun 10 2018 at 11:22am
So you were learning the economic way of thinking very early.
And Joe Munson was learning political economy very early.
Comments are closed.