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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.
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
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
Help for kids with money issues, learning about money, being responsible, saving, and investing.
Stock Market Pie…Grandma Helps Emily Make A Million is a great starter book for anyone interested in learning basic saving and investment concepts.
The story line features young Emily who receives a gift of stock from her grandmother. Emily learns to appreciate the value of the gift as she discusses saving and investing with her grandmother while they two make pies. Emily develops a clever pie-making metaphor to illustrate investment concepts.
Stock Market Pie features detailed informational sidebars and glossary, making it a great reference book. This well-researched and colorfully illustrated book is a great learning tool for anyone interested in getting a "piece of the stock market pie."
Books: Library Binding -
This book is a unique interplay that reveals the two sides of parenting-a child's heredity and a parent's conditioning.
"Wisdom Daddy Taught Me" shows parents how to develop a character building dialogue with their chidren.
The attitude section of Wisdom teaches the timeless principles of a positive mental outlook.
The money section explains the fundamental lessons of money management in understandable story form. A personal path to prosperity can be developed by applying the simple rules of money. These rules provide the path to a financially self-reliant and prosperous adulthook.
Books: Paperback -
David Owen, a New Yorker staff writer and the father of two children, has devised a revolutionary new way to teach kids about money. In The First National Bank of Dad, he explains how he helped his own son and daughter become eager savers and rational spenders. He started by setting up a bank of his own at home and offering his young children an attractively high rate of return on any amount they chose to save. "If you hang on to some of your wealth instead of spending it immediately," he told them, "in a little while, you'll be able to double or even triple your allowance." A few years later, he started his own stock market and money-market fund for them.
Books: Hardcover -
A cheerful approach to all things financial plus playful photo collages and colorful drawings make up this fact-filled compendium of everything kids could possibly need to know about money--and more. Neale S. Godfrey, a nationally recognized expert on kids and money, and illustrator Randy Verougstraete tell the story of money--from bartering to investing--with animated appeal.
Books: School & Library Binding
It's clear that youngsters want to know everything about money—especially how to make grow! Growing Money will show them to do just that with easy information about savings accounts, bonds, stocks, and mutual funds; fun quizzes that reveal young investor's risk tolerance; and wild facts of success and failure, each with a lesson to impart. Best of all, Growing Money gives readers their own fund of imaginary dollars to invest, along with suggestions for selecting companies that are compatible with their values, tips for reading stock pages, and fill-in charts to trace their earnings and losses. The fundamentals of money management become child's play with this savvy, responsible guide for young consumers!
Paperback
Diane Mayr managed to clearly and simply explain complicated financial concepts AND keep it fun and interesting for kids! In the book you'll find a history of money, all about banks, how to start a business, information about investing, and a whole lot more.
Topics such as saving, investing, credit, interest, reading stock quotes, history of money, etc are covered in depth. The book has lots of games, puzzles and activities as well as some really interesting money trivia. This is a great resource for both the classroom and home.
Books: Paperback
Practical, informative, accessible, and written specifically for children, "The Kids' Allowance Book"
is a fun, lighthearted yet important guide.
Books: Hardcover - Paperback
This book achieves a complicated feat: explaining to kids (ages 9 through 12) the fundamentals of how to thrive in the American economy.
The author uses an easy, informative tone, and focuses on the young entrepreneur who wants to earn money. He promotes the joys of
work, finding a job or building a business, developing advertising, and so on.
Books: Hardcover - Paperback
There are more pages in the bookstore.
Kids are intrigued by what they learn about money and empowered with investing skills when they read Money Sense for Kids!.
For the next generation of millionaires there's
CASHFLOW for Kids
. Could your child be the next Donald Trump or Warren Buffet? Both super-wealthy investors had fathers who taught their kids the basics of investing at a very early age.
Now, for the very first time, all children between 6 and 15 have available to them the same financial education many rich children learn at home.
This board game is designed to give your child a financial head start in life. CASHFLOW for Kids is a complete educational package that includes a book and audio companion entitled, Rich Dad’s Guide to Raising Your Child’s Financial IQ. This educational product was created as educational support for parents because ultimately, parents are a child’s most important teachers.
CASHFLOW for Kids
