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:
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.
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.
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. Read morePublished on August 25, 2011 by Jack in Cambridge
An extremely helpful book. Required reading for anyone of means with small children concerned about preparing them for an inevitable inheritance. Read morePublished on March 30, 2011 by SARA FRAHM
It is never to late to learn good tips on how to raise your children, furthermore this book makes you think about your own values and behaviors towards moneyPublished on November 16, 2008 by DPJ
If you teach your children how to be financially responsible between the ages of 4 and 18, you have a much higher probability of having them not back at home living with you... Read morePublished on July 20, 2007 by Anthony J. DeToto
I was introduced to this book while attending a financial seminar concerning the transfer of money to children. Read morePublished on May 12, 2007 by Fred R. Braun