"This doesn't fit into our budget" is not the same as "We can't afford it." What's the difference? Plenty, says tough-minded family-finance guru Godfrey, the author of several previous books on adult money management as well as The Ultimate Kids' Money Book
(1998). In addition to helping adults avoid wrongheaded decisions and strengthen their resolve when it comes to younger consumers in their households, Godfrey, with coauthor Richards, explains the value of making teens aware of the household finances as a first step in helping them become fiscally responsible adults, a task easier said than done. A sampling of scenarios illustrates the theory directed to grown-ups, which gives way to very practical discussions on such young-adult-related money matters as tipping, opening a bank account, buying a car (more about the insurance that goes with the purchase would have been helpful), handling college expenses, and managing credit-- important stuff to share with the young adults in the house. Stephanie ZvirinCopyright © American Library Association. All rights reserved
"Contemporary teenagers may know a lot about the birds and the bees, but they still need a lot of help when it comes to money and finance. This book will help both parents and children understand the opportunities and dangers of a complicated world."--David Rockefeller, former chairman of the Chase Manhattan Bank, N.A.
"Neale Godfrey is a trailblazer when it comes to teaching our kids financial skills that should last a lifetime. Her latest book is chock-full of important and concise information regarding savings and checking accounts, credit and debit cards, taxes, and investments. It's an important guide to financial security."--U.S. Senator Jon S. Corzine, New Jersey
"As a former banker, a mother of two, and a national speaker, Neale is uniquely qualified to guide parents of teenagers in the complex challenge of teaching their children financial responsibility."--Susan Cole, director of the American Bankers Association Education Foundation