Customer Reviews

Money Doesn't Grow On Trees: A Parent's Guide to Raising Financially Responsible Children

5 star:		(6)
4 star:		(2)
3 star:		(0)
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My husband originally bought this book, and then I read and re-read it. We have 2 sons, (10 & 12 yrs old). This book REALLY helped us to set up a program for spending and saving with our sons. I like the way is is simply laid out. I would highly recommend any parent who is interested in learning more and getting help on how to set-up the whole money thing to get this book...better earlier than later! Be patient, it does work...it just takes time and persisitence.

We all spend a lot of time talking about how to instill proper financial values in our children. This book gives you step-by-step advice on how to make that "talk" reality. The sections on how to use the world as your financial classroom and how to instill your personal values through consumerism were perfect for our young children. Perhaps the best part of the book is that it is written in an easy-to-read, easy-to-understand style. Anyone reading this book will be able to use and implement these ideas.

This is an amazing book for parents who want to teach their kids about the value of money and how to save and spend wisely. It is a must read for ALL parents. We have started the kids on the four jar saving system and it's amazing. I wish soooooo much that I would have had these money skills growing up. With all the financial troubles so many Americans are going through, I feel that with the skills in this book that we will teach our kids, they will not fall into the same money troubles that are common today. Ms. Godfrey explains how to teach kids the value of money in ways I would not have thought of. Also, when I read this book, the timing was perfect as I was struggling with the idea of starting my kids on an allowance or not? Do you tie it to chores or not? She answered ALL my questions and gives great ideas and suggestions. I can't recommend this book enough! Wonderful!!!!!!!

I bought this book even before my child was born and read it, and I have not only followed it for the last 11 years, but I have recommended it to every other new parent (why I am on the site now). This is a parent MUST READ. I have yet to find a friend of my child's or any other child who handles money better than my son, and it is because of this book. I left grad school a financial mess, and I did not want this for my child. I truly believe this book has provided the answers I needed to prevent that. (A great addition to this book is the piggy bank from a site called Money Savvy Generation - no, I have no affiliation to it, but am an avid fan of how this book and that bank work together.)

Neale Godfrey, the author, gives some very helpful ways of addressing money issues with children, regardless of the parent's income level.

Being a practicing Certified Financial Planner, I believe the author provides practical advice on what I consider to be the two most important financial criteria for success as an adult.

First, her ideas help to create GOOD SAVINGS HABITS that will stay with children for a lifetime. Second, her tips on open communication help both kids and parents to discuss their values and gain AWARENESS THAT MONEY SHOULD BE A REFLECTION OF ONE'S VALUES.

While I don't think a teenager necessarily needs to understand how different investment vehicles function, they certainly will need that understand when they get to a point in their life when they are able to invest. But while the author and I differ on when to have this discussion with a child, she certainly does a good job of explaining the basics of investing.

Neale Godfrey understands money (used to be a banker). She teaches parents how to teach children about money, by teaching them to manage their allowances. Does an excellent job. Realistic. For families in all economic levels. Her next book "Money Still Doesn't Grow on Trees" (for teen and young adults) is even better.

This book is great for children and parents of all ages to learn how to save and spend their money responsibly.

If your a parent and having trouble teaching your children about economy then this is the book for you. It help me with my children very much. This book has many was to help you teach your children and may even teach you a thing or two. So if you need help then get this book.