From Library Journal
As "a crash course in the fundamentals of economic literacy" that will "equip you with the key information you need to teach your children to manage their money wisely," this slim tome is nobly intended and passionate. Unfortunately, it is so basic that its usefulness is limited. Bryant continually stresses that parents must be models of positive and stable personal finance, a lesson that quickly becomes repetitive and didactic. "Being of good character includes being responsible about money," he chastises; "money is a tool, and not the key to happiness." Illustrations of unwise choices are frequently dramatized, e.g., "Buying brand-name items is an inner-city addiction and it's become almost as costly as heroin." Constant references to the Bryant-founded nonprofit Operation Hope, dedicated to financial education, distract and annoy. Libraries will reach broader audiences with Marjolijn Bijlefeld and Sharon K. Zoumbaris's Teen Guide to Personal Financial Management or Willard Stawski II's Kids, Parents & Money. This is an important purchase wherever Bryant has name recognition (and thus, perhaps, the trust of his readers). Otherwise, order on demand. Douglas C. Lord, Connecticut State Lib., Hartford
Copyright 2002 Reed Business Information, Inc.
Bryant, founder of Operation Hope, a nonprofit organization that provides economic education to the poor, outlines the importance of understanding economics as a basic skill for succeeding in the U.S. He highlights the disadvantages faced by the poor and minorities who lack familiarity with basic financial information--how to open and manage a checking or savings account, how to avoid the abuse of credit cards, how to save and invest--knowledge that can mean the difference between financial security and constant struggle. Bryant offers advice to parents on educating children from elementary school through adolescence on financial basics, from earning allowances to saving for college, and motivating them to get their finances in order and keep them that way. Beyond the basics, the author also offers lessons on reading the stock pages, investing, and budgeting. Bryant's simple, accessible approach to complex financial concepts and his identity as part of Oprah Winfrey's Angel Network will make this book popular among young people and their parents. Vanessa Bush
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