The essential guide to raising financially responsible children.
What parents say and do about money has a profound influence on children. Here are the eight behaviors of financially intelligent parents that will help families of all economic backgrounds raise fiscally responsible children.
"Capitation" is a financial term used in the health-care field to describe a contract in which doctors and hospitals are paid a fixed amount each month to care for a population of patients. Humorous and realistic, this innovative book applies the same concept to families, showing parents how to teach teens money management by giving them control of the money they would normally spend on them for school, fees, travel, clothing, and entertainment. Here is a step-by-step plan for guiding parents painlessly through the process of teaching their children financial responsibility: teens sign a contract detailing their responsibilities, and within the parameters of this contract, parents agree not to interfere with their fiscal choices.
Uncertain about how you're going to pay for college? Afraid of drowning in a sea of student debt? Well fear not--Benjamin Kaplan once felt that way too. But that was before he discovered that hundreds of millions of dollars in scholarship prizes are waiting to be won. After winning nearly $90,000 in unrestricted merit-based scholarship money (which covered virtually the entire cost of attending Harvard), Kaplan has come storming back with a no-holds-barred guide showing how you can do it too.
Books: Paperback
Allowance Magic is divided into two distinct sections. The first helps
parents structure an allowance program that encourages their kids to develop
successful money management skills along with the rewarding habits of saving
and sharing. The second, the Kids' Money Wizard Journal, helps kids put that
program into action.
Books: Paperback
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In Kids, Parents & Money, Stawski outlines a step-by-step program that can be used to teach proper earning, saving, and spending habits and tie them all together. Starting with development of a team mission statement and financial plan, he addresses age-appropriate goals and conduct--"From about age four, children start to comprehend material value," he writes, and that's when they "also must be shown the offsetting financial principles that govern the material world"--along with allowances, suitable remuneration for work around the home, budgeting, record keeping, and even investing. Clearly defined chapters focus on a specific topic and conclude with simple exercises that reinforce its principles.
Books: Paperback
New parents are some of the most gullible consumers on earth, and there are plenty of people and companies willing to take advantage of that suggestibility. How to Raise Kids Without Going Broke, from the people who bring you Smart Money magazine, gives parents a break--and a brake. It makes the strong case that children can be raised without deficit spending, while steering parents away from products and services that they simply don't need. It warns of financial planners who may not have much more experience with money than the parents themselves; of stores such as Baby Gap, which sell good products but at too high of a price; and of products that are not really necessary, such as diaper-wipe warmers. And when it comes to the stuff that you do need (a place to live, a family car, insurance), might need (daycare and/or preschool, a computer), and will probably want (family vacations), How to Raise Kids offers a good jumping-off point for making smart purchases.Review by Amazon.com
Books: Paperback
The Complete Guide to Managing Your Money Better So You Can Spend More Time With Your Kids
Here's a clear-cut strategy for controlling your money--from saving on food, to creating a cash reserve, to
learning how to retire on less than two incomes. Packed with worksheets, detailed plans, and
inspiring case studies, this plan will help you set fun priorities while still balancing the
checkbook. Whether you want to leave work altogether or continue part-time, this book is the key
to freedom for millions of families trapped on the working-parent treadmill.
Books: Paperback
It covers ALL
aspects of money management including allowances, saving, spending, developing the
entrepreneurial spirit, getting a job, using credit, leaving the nest and much, much more. Smart
Money Moves for Kids is an excellent, and very readable, resource for all parents (and
grandparents!) who want their kids to have money savvy.
Books: Paperback
