Release Date:- 2017-02-07
Availability:- In Stock
Kind:- ebook
From Beth Kobliner, the author of the bestselling personal finance bible Get a Financial Lifeāa 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 āmoney talkā when our kids are old enough to get itā¦which wonāt 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 kidsā financial behaviors is mom and dad. Clearly, we canāt afford to wait.
Make Your Kid a Money Genius (Even If Youāre Not) is a jargon-free, step-by-step guide to help parents of all income levels teach their kidsāfrom ages three to twenty-threeāabout money. It turns out the key to raising a money genius isnāt to teach that four quarters equal a dollar or how to pick a stock. Instead, itās about instilling values that have been proven to make people successfulānot just financially, but in life: delaying gratification, working hard, living within your means, getting a good education, and acting generously toward others. More specifically, youāll learn why allowance isnāt the Holy Grail when teaching your kid to handle money, and why after-school jobs arenāt always the answer either. Youāll 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 donāt need to be a money genius to make your kid a money genius. Regardless of your comfort level with financeāor your familyās incomeāthis charming and fun book is an essential guide for passing along enduring financial principles, making your kids wise beyond their yearsāand peersāwhen it comes to money.