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Silver Spoon Kids : How Successful Parents Raise Responsible Children Paperback – December 28, 2001


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Product Details

  • Paperback: 272 pages
  • Publisher: McGraw-Hill; 1 edition (December 28, 2001)
  • Language: English
  • ISBN-10: 0809294370
  • ISBN-13: 978-0809294374
  • Product Dimensions: 8.3 x 5.4 x 0.8 inches
  • Shipping Weight: 11.2 ounces (View shipping rates and policies)
  • Average Customer Review: 4.3 out of 5 stars  See all reviews (14 customer reviews)
  • Amazon Best Sellers Rank: #327,010 in Books (See Top 100 in Books)

Editorial Reviews

From the Back Cover

Don't allow money to ruin your child

Being an affluent parent comes with its own particular set of concerns and responsibilities. This is relevant not only to the superrich but also to the millions of families whose children are exposed to material abundance. While many parents know how to capitalize on their wealth financially, they aren't as certain how to make sure money doesn't spoil their children. This expert handbook can show you how. A mix of practical tips, instructive real-life stories and anecdotes, and highly effective advice, Silver Spoon Kids addresses the how and the equally important why of instilling in your family a healthy relationship with money in your family. Here you'll find out how to:

  • Talk to your child about money in general--and your money specifically
  • Be sure your child doesn't become spoiled
  • Use an allowance to teach your child to use money responsibly
  • Foster a philanthropic outlook in your child
  • Define your family's most important values and communicate them effectively
  • Avoid your nightmare of an unmotivated, underachieving, materialistic child

Also included are helpful checklists, self-tests, and Silver Nuggets--brief bits of wisdom and advice that you can quickly put to use. In an age of unprecedented wealth, unlimited credit, and rampant materialism, this practical, timely book can help you raise well-adjusted, emotionally and financially secure children.

About the Author

Eileen Gallo, Ph.D., is a psychotherapist specializing in psychological issues related to money and family wealth. She has written numerous articles about affluence and children and writes a regular column for the Journal of Financial Planning.

Jon Gallo is a nationally respected estate planning attorney who has worked with thousands of affluent families to plan their estates. He is the author of many professional articles and, along with his wife, a founder of the American Bar Association Committee on the Emotional and Psychological Issues of Estate and Financial Planning.

As codirectors of the Gallo Institute, Eileen and Jon conduct seminars and workshops for families and financial advisors. They have been quoted by Kipinger's, Worth, Forbes, Reuters, and Bloomberg. They live in Los Angeles and are the parents of three adult children.


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Customer Reviews

4.3 out of 5 stars
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I highly recommend this book and look forward to more from the Gallo's.
Martin Goldman
This book gives parents a guide on how to introduce children into the acquisition and proper use of money at an early age.
Fred R. Braun
I know I will return again and again to the chapters in this book both personally and professionally.
Paula K. Litt

Most Helpful Customer Reviews

31 of 34 people found the following review helpful By Paula K. Litt on May 3, 2002
Format: Paperback
I work in the field of philanthropy have hosted many workshops on issues of children and money. The four hours I spent reading this book were the most educational and fruitful four hours I have ever spent on issues of how to raise children!! Whether your family is middle class or affluent, you will benefit from this book. In my opinion, the lessons offered by the Gallos on values and raising children go far beyond issues of money. I believe it is really a guide to raising well rounded and socially responsible children. I know I will return again and again to the chapters in this book both personally and professionally. Buy this book and read it!!
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17 of 18 people found the following review helpful By A Customer on February 17, 2002
Format: Paperback
I found this to be a very helpful book in dealing with kids and money. There is practical advice on topics such as allowance, helping kids set budgets, influencing your childrens' purchasing decisions (or not) and other good items. It is written for the lay person without any prior knowledge of pyschology. The book is an easy read and covers the topic very thoroughly. A great tool for all parents.
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11 of 12 people found the following review helpful By jo anne connelly on March 10, 2002
Format: Paperback
Reading the Gallo's book Silver Spoon Kids is like a one on
one conversation with professional help!
It is full of practical advice and helps no matter what level of affluence one has.
Scattered throughout are special 'nuggets' of ideas to
use NOW. The benefits of this knowledge are immediate!
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6 of 6 people found the following review helpful By Martin Goldman on February 11, 2002
Format: Paperback
Eileen and Jon Gallo have done a wonderful job of communicating money issues and teaching values to children of all ages. The content of the book deals not only with the phychological matters surrounding the handling of money and how it affects children, but also parental responsibilites and guidelines than can be helpful in establishing your financial values in your children. This unique approach has combined a number of ideas ranging from the psychological cause and effect to possible ways to construct your trust or will. Although this is not a "how to" book, it does provide excellent food for thought to middle and upper income parents and can help eliminate many of the pitfalls that face parents today. I highly recommend this book and look forward to more from the Gallo's.
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8 of 9 people found the following review helpful By A Customer on April 15, 2002
Format: Paperback
Silver Spoon Kids offers practical, hands-on tips for parents raising kids. Financial issues can be difficult to address and this book offers guidelines to meet just those needs. One need not be an expert in the field to grasp the concepts presented - they are perfect for all to understand and utilize. This book is a great resource and will be helpful to many.
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1 of 1 people found the following review helpful By Gary Buffone on January 29, 2008
Format: Paperback
As someone with direct experience on the topic, I read with great interest the words of the Gallo's as they thoughly covered a wide range of topics having to do with children and money. I found their advice practical and easily applicable for parents that find themselves struggling with the common questions of using allowances, learning budgeting, and consumerism. This book is an easy read and would be a helpful tool for parents who want to teach their children to handle money responsibly.
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By Jack in Cambridge on August 25, 2011
Format: Paperback Verified Purchase
Great book to help you raise happier, better adjusted children. But it is also about helping you with you own issues around money. It is not a book just for the wealthy. It is for anyone with a moderate degree of affluence.
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