Kids and Money: Giving Them the Savvy to Succeed Financially (Bloomberg Personal Bookshelf (Paperback)) (Paperback)

~ (Author) "WHERE DOES MONEY COME FROM?..." (more)
Key Phrases: family economics specialist, little big spenders, financial aid formulas, New York, College Board, Nellie Mae (more...)

Editorial Reviews

From Library Journal

The importance of teaching children the skills of financial management cannot be overemphasized. Pearl, a business reporter and editor, provides methods for parents and educators to teach kids how to devise and stick to a budget, keep track of where money goes, set goals, be wary of advertising and other commercial enterprises, and stop impulse spending. The chapter on saving and investing would be useful to anyone interested in learning more about simple vs. compound interest, CDs, DRIPs, and the stock market. The appendix is filled with more than 80 online resources that can help the whole family learn together. In addition to money matters, career and job-hunting information as well as college and entrepreneurial sites are included. Neale S. Godfrey's Ultimate Kids' Money Book (S. & S., 1998) covers less and costs more. Most families should add this guide to their personal libraries, and public and school libraries should consider purchase as a public service.?Susan C. Awe, Univ. of New Mexico Lib., Albuquerque
Copyright 1999 Reed Business Information, Inc.

Product Description

If you've ever worried about whether your child will handle money responsibly and become self-sufficient, worry no more. Jayne Pearl shows you how to "gimme-proof" your kids to help them develop the discipline they ll need to manage their own finances.

It includes great advice from parents, psychologists, teachers and other experts on allowances, getting to kids to want to save instead of forcing them to do so, transforming shopping trips from battles to fun learning experiences, innoculating them against questionable values the acquire from the media and friends, and helping kids land their first job.
For parents of kids anywhere from preschool to college, this book is a rich resource for launching your children on the road to financial success.

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Product Details

• Paperback: 272 pages
• Publisher: Bloomberg Press; 1st Paperback Ed edition (January 1999)
• Language: English
• ISBN-10: 1576600645
• ISBN-13: 978-1576600641
• Product Dimensions: 8.9 x 5.5 x 0.8 inches
• Shipping Weight: 14.4 ounces (View shipping rates and policies)
• Average Customer Review: 4.8 out of 5 stars  See all reviews (6 customer reviews)
• Amazon.com Sales Rank: #512,673 in Books (See Bestsellers in Books)

Customer Reviews

Most Helpful Customer Reviews

24 of 24 people found the following review helpful:

5.0 out of 5 stars Money sense and family peace!, October 14, 1999

By	Paul Kaplan (Western Massachusetts) - See all my reviews

How many books do you know that have actually improved your life? We're not just talking finances here. This book will change the atmosphere in your family in ways you thought impossible.

Kids and Money convinced us to change our approach to allowances. Not only did we end up spending less by eliminating all those little "off-budget" extras, our kids suddenly became interested in getting value for their dollars. No more extravagant purchases that they wore once and forgot. And they began to take better care of the things they did buy. No more nagging!

Kids and Money is full of great advice on many other subjects. Including how to finance college if you didn't (or couldn't) start saving when the kids were born. And there's a terrific list of web resources at the end.

11 of 11 people found the following review helpful:

5.0 out of 5 stars I wish my parents had a book like this when I was a kid!, April 11, 1999

By A Customer

Reading Jayne Pearl's excellent book, Kids and Money, I was encouraged to find a roadmap to guide my daughter through the complexities of the financial world. Pearl's practical approach to teaching children ways of handling money from early on can help my child develop a healthy and savvy attitude about money that will serve her well throughout her life. If my parents had a book like this when I was growing up and had taught me more about dealing with money, it might have saved me from struggling with finances in my adult life. Children need a firm foundation in understanding the value of money and knowing what to do, or, what not to do with it. This can only come through conscious, explicit teachings. Pearl encourages dialogue with children and offers a wealth of advice in communicating about this difficult subject.

9 of 9 people found the following review helpful:

5.0 out of 5 stars An easy-to-understand, well-written parental guide, November 13, 2001

By	Midwest Book Review (Oregon, WI USA) - See all my reviews

Jayne Pearl's Kids And Money: Giving Them The Savvy To Succeed Financially is a thoughtful, easy-to-understand, well-written parental guide to a the sticky conundrum of teaching children from age 4 to 18 on how to be responsible with their money. Various money-related milestones, from allowances and first jobs to credit cards and college, are all carefully navigated with frank, friendly wisdom. Tougher issues such as shoplifting, gambling, and overspending are also discussed, with practical advice for the wide gamut of family money situations. In an increasingly modern society where a few clicks of the computer mouse can drain one's credit card account as fast as electrical information can travel, money savvy is more important than ever, making Kids And Money a "must" for any parent whose children aren't already majoring in finance.