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Raising Financially Fit Kids [Paperback]

Joline Godfrey , Kit Hinrichs
4.9 out of 5 stars  See all reviews (12 customer reviews)

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Raising Financially Fit Kids, Revised Raising Financially Fit Kids, Revised 4.9 out of 5 stars (12)
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Book Description

December 5, 2003
Is your child a spendthrift? A hoarder? Or maybe, downright oblivious? Are there family money dramas you can do without? In RAISING FINANCIALLY FIT KIDS, Joline Godfrey, one of the country’s leading experts on kids, parents, and money, gives parents the secrets and knowledge she has gleaned from a decade of working with kids on financial literacy and business. At the heart of the book lies a defined set of values:
  • Money is a tool for achieving and maintaining independence.
  • Saving is good; accumulation for its own sake is not.
  • Spending is best done wisely and within one’s means (though a bold purchase or investment may also be an act of wisdom).
  • Greed is not good. Giving generously is part of one’s responsibility to the human family; shepherding wealth is an act of respect—to the past and the future.
  • Money is an energy (not a commodity) that can be used for evil or for good.Designed for adults—parents, grandparents, mentors, advisors, and educators—concerned about raising children ages 5 to 18, RAISING FINANCIALLY FIT KIDS is centered around a developmental map covering ten specific money skills each child can master by the age of 18 to become a financially secure adult. This map gives parents a step-by-step approach to helping their kids become habitual savers, smart money mangers, and responsible decision makers. More than just a money book, RAISING FINANCIALLY FIT KIDS will help parents send their children into the world as balanced, financially stable individuals and contributing members of both their family and community.

  • Frequently Bought Together

    Raising Financially Fit Kids + Money Doesn't Grow On Trees: A Parent's Guide to Raising Financially Responsible Children + Money Sense for Kids
    Price for all three: $40.55

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    Editorial Reviews

    From Booklist

    Money, a powerful factor in family dynamics, is often a difficult subject for families to address. Godfrey aims to help parents send their children into the world as financially savvy adults by identifying 10 specific skills that can be mastered by children ages 5 through 18. These include saving, keeping track of money, spending wisely, living on a budget, investing, handling credit responsibly, and using money to help others. Godfrey contends that her advice is for parents of every income level because the same financial issues confront those with means as confront those with few resources, regardless of race, class, culture, or political orientation. While this book conveniently doubles as an infomercial for her consulting practice, it does offer valuable insight into an important subject. Mary Whaley
    Copyright © American Library Association. All rights reserved

    Review

    “I want to commend you on the Raising Financially Fit Kids newsletter. Each issue is informative. Thanks for the time and energy you put into it.”
    —R. Quirk, Federal Reserve Bank

    “I look forward to this every month and find it useful already with my five-year-old.”
    —Toodi Gunter, Columnist, Business Week

    “Once again Joline Godfrey sets the standard on the financial literacy front. All the tips today’s parents need are within this richly packed volume: Joline offers up age-appropriate lessons for each stage of a young person’s financial journey. No one does it better.”
    —Whitney Ransome and Meg Milne Moulton, Executive Directors, National Coalition of Girls’ Schools

    “Financial literacy is listed in Faith Popcorn’s Dictionary of the Future as a service being offered by a growing number of investment firms for their clients. Godfrey’s book gives us yet another terrific tool with which to support the needs of our clients.”
    —Carol Malnick, Partner, Nelson Capital

    Product Details

    • Paperback: 224 pages
    • Publisher: Ten Speed Press (December 5, 2003)
    • Language: English
    • ISBN-10: 1580085369
    • ISBN-13: 978-1580085366
    • Product Dimensions: 6 x 0.6 x 9 inches
    • Shipping Weight: 14.4 ounces (View shipping rates and policies)
    • Average Customer Review: 4.9 out of 5 stars  See all reviews (12 customer reviews)
    • Amazon Best Sellers Rank: #287,297 in Books (See Top 100 in Books)

    More About the Author

    Since 1992, Joline Godfrey has been a pioneer in the movement to increase financial intelligence among young people. Developer of a unique developmental approach to financial education, Godfrey's introduction of the financial apprenticeship stage of life has given parents and community leaders revolutionary tools for becoming better money mentors for kids.

    In addition to being the CEO of Independent Means Inc, Godfrey's standing as an expert is buttressed by her research and writing on the subject. She is the author of Our Wildest Dreams: Women Making Money, Having Fun, Doing Good; No More Frogs to Kiss: 99 Ways to Give Economic Power to Girls; and Twenty $ecrets to Money and Independence: The DollarDiva's Guide to Life and most recently, Raising Financially Fit Kids, published by TenSpeed Press and is a contributor to a number of books and magazines.

    Recognized in features for the Today Show, Oprah, Fortune, BusinessWeek, The New York Times, etc., she is a frequent speaker worldwide. Prior to founding Independent Means Inc, Godfrey spent ten years as an executive for the Polaroid Corporation. Her first company Odysseum, was a spin-off from that corporation. With degrees from the University of Maine and an M.S.W. from Boston University, Godfrey was awarded an honorary degree in Business from Bentley College in 1995.

    Customer Reviews

    4.9 out of 5 stars
    (12)
    4.9 out of 5 stars
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    I highly recommend that every parent buy and read this book. KAT  |  2 reviewers made a similar statement
    I not only enjoyed reading the book but found it extremely helpful and fun. R Bukstein  |  4 reviewers made a similar statement
    This is the best guide to teaching kids about money. Mahj Mom  |  1 reviewer made a similar statement
    Most Helpful Customer Reviews
    34 of 34 people found the following review helpful
    Format:Paperback
    This is the best guide to teaching kids about money. I've got 3 small and busy kids and not much time to read. This book is great because it's easy (but not insulting) and offers concrete activities - outlined in charts (minimal reading required). One of the best things about this book is that it makes you think about your own money values and how you express yourself with money. Then it gives you ideas of how to teach your kids about money in a way that matches YOUR family's ideas...and it gives tips on how to "tweak" the message, depending on your children's personalities. The book is divided into age-appropriate sections, so advice for parents of 5 year olds is different from that of parents of 9 or 13 or 18 year olds. This is a great book you will use for years.
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    24 of 24 people found the following review helpful
    5.0 out of 5 stars Get Past Your Own Money Paralysis January 27, 2004
    Format:Paperback
    If you're like me and millions of other parents, aunts, uncles, etc. you don't feel equipped to teach the kids in your life about money because of your own issues. Raising Financially Fit Kids helped me get beyond my money paralysis by encouraging me to realize that it's important to start somewhere, even if it's just with baby steps. The author, Joline Godfrey, reminds us that money is a tool, not an end into itself, to be used to impart the type of values we hope our children will develop during their financial apprenticeship. The content is first rate and the design easy to navigate. I highly recommend it.
    Comment | 
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    15 of 15 people found the following review helpful
    5.0 out of 5 stars realistic, easy to understand, interesting! March 29, 2004
    By A Customer
    Format:Paperback
    Teaching kids about money is a challenge Joline Godfrey tackles beautifully. Do we share our budgets with them or shield them from the harsh reality of adult life? How much is too much - allowance, birthday money, "fun" money? Can we keep our kids from ammassing unmanageable credit card debt when they get older? Joline Godfrey offers practical advice that is reasonable and accessible for people of average, above average and below average means alike. Let's teach our kids more effectively than we were taught!
    Comment | 
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    Most Recent Customer Reviews
    5.0 out of 5 stars What a great Book!
    I read this book when my children were little and i keep coming back to it - full of sound advise that is understandable and realistic!
    Published 7 months ago by Robin D. Sears
    5.0 out of 5 stars Perfect for my needs
    Bought as a used item, it was in perfectly good shape for my needs. Item arrived in a timely manner.
    Published on April 6, 2011 by tpandc
    5.0 out of 5 stars If you have kids, you owe it to them use this book!
    I've given this book to at least 30 clients who have kids. I'm a financial planner and am a big believer in helping my clients teach their children how to carry on what they are... Read more
    Published on December 8, 2007 by Brock J. Brady
    5.0 out of 5 stars Fabulous
    This book is fabulous and Joline is a great speaker, as well. I work in the money management industry and thought I "knew it all" but I learned a lot from this book! Read more
    Published on October 22, 2007 by cambridge reader
    5.0 out of 5 stars Every parent needs this book!
    This book teaches parents how to share every day money lessons with their children. It is easy to read and has great examples. Read more
    Published on December 12, 2005 by KAT
    4.0 out of 5 stars mr jimenez class review
    this is one of thoses books you have to have on the book shelf at home. it is great and a fun book to refer to. Read more
    Published on December 1, 2004
    5.0 out of 5 stars Share the Wealth!
    How exciting to see the lessons of financial responsibility presented in a family friendly manner! The icing on the cake is the attention to sharing financial resources and taking... Read more
    Published on February 17, 2004
    5.0 out of 5 stars Great Help for a "not-so-easy" subject
    I not only enjoyed reading the book but found it extremely helpful and fun. As a CPA (money person) I can vouch for how difficult it is to raise fanancial fit kids... Read more
    Published on January 26, 2004 by R Bukstein
    5.0 out of 5 stars Great Hands On Guide
    Raising Financially Fit Kids provides outstanding "real world applications" for teaching money skills to the kids in your life. Read more
    Published on January 16, 2004 by MJ Massman
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