The New York Times bestseller that is a must-read for any
parent!
From Beth Kobliner, the author of the bestselling personal finance bible
Get a Financial Life--a new, must-have guide showing parents how to
teach their children (from toddlers to young adults) to manage money in
a smart way.
Many of us think we can have the "money talk" when our kids are old
enough to get it...which won't be for years, right? But get this:
Research shows that even preschoolers can understand basic money
concepts, and a study from Cambridge University confirmed that basic
money habits are formed by the age of seven. Oh, and research shows the
number one influence on kids' financial behaviors is mom and dad.
Clearly, we can't afford to wait.
Make Your Kid a Money Genius (Even If You're Not) is a jargon-free,
step-by-step guide to help parents of all income levels teach their
kids--from ages three to twenty-three--about money. It turns out the key
to raising a money genius isn't to teach that four quarters equal a
dollar or how to pick a stock. Instead, it's about instilling values
that have been proven to make people successful--not just financially,
but in life: delaying gratification, working hard, living within your
means, getting a good education, and acting generously toward others.
More specifically, you'll learn why allowance isn't the Holy Grail when
teaching your kid to handle money, and why after-school jobs aren't
always the answer either. You'll discover the right age to give your kid
a credit card, and learn why doling out a wad of cash can actually be a
good parenting move.
You don't need to be a money genius to make your kid a money genius.
Regardless of your comfort level with finance--or your family's
income--this charming and fun book is an essential guide for passing
along enduring financial principles, making your kids wise beyond their
years--and peers--when it comes to money.
