10/02/2013 08:20 pm ET

Max Parenti, 8, Finds And Returns Over $1K Found While Walking His Dog (VIDEO)

A walk in the park became the ultimate teachable moment for an 8-year-old boy.

Max Parenti was walking with his dog and his dad in an Exeter, N.H., park when he saw something in the grass, according to WHDH.

"I just found a bag of money," Parenti told the news channel. "I thought it was just gonna be paper."

It turned out to be $1,450 in cash, lost last month by a local shop owner, Cheri Smith, on the walk to her car.

Parenti gave the money to the police, and a thankful Smith sent him a card and $100 as a reward.

"I grew up in this town and raised my kids here, and it really is the place it is because of people like Max’s parents, who used the opportunity to teach him," Smith told Yahoo Shine.

When Parenti asked his dad if they were going to keep the money, he told him, "Keeping it is no different from taking it."

So together, the father and son brought the money to the police station the next morning, where the officers gave Parenti a hero's welcome for returning the lost cash and reunited the money with its owner.

"It's good to give stuff back," Parenti told the Union Leader.

When WHDH asked him what he plans on doing with his $100 reward, the third grader's response was, "Pixie Stix."



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