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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