Raising Financially Confident Kids

Raising Financially Confident Kids

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by Mary Hunt
     
 

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It's natural to want your kids to have a secure future. But when it comes to teaching the next generation how to handle money, parents are failing. Still there is hope! Financial expert Mary Hunt shows parents how to raise kids who have a healthy relationship with money--even if the parents themselves have made financial mistakes along the way or are struggling…  See more details below

Overview

It's natural to want your kids to have a secure future. But when it comes to teaching the next generation how to handle money, parents are failing. Still there is hope! Financial expert Mary Hunt shows parents how to raise kids who have a healthy relationship with money--even if the parents themselves have made financial mistakes along the way or are struggling financially right now.

Drawing from solid statistics and her own hard-won knowledge and experience, Hunt helps parents protect their children from the financial pitfalls of easy credit, an attitude of entitlement, and our culture's chummy relationship with debt. From preschool through the teen years, every stage of a child's development is covered, including how to talk to them about money, how to help them start saving money and giving it away, and how to manage money wisely.

Editorial Reviews

Library Journal
In this lead title from Revell, Hunt, (Debt-Proof Living, 7 Money Rules for Life ) who lived through her own self-inflicted financial crisis, shares with readers how to raise kids with rich financial literacy and a debt-free lifestyle, sans a sense of entitlement. She outlines how to put children on a salary at the age of ten, arguing that as long as funds-on-demand are parental, there is no limit and no apparent end to resources. Depending on their age, kids are then responsible for their budget spanning over a month, be it for video games, hot lunches at school, or gifts for birthday parties. Some might find her “citations” and “no loans” system a bit rigid, but her school of hard knocks is sure to teach valuable and long-lasting lessons. Mid-text she delves into the slimy details of the advertising industry and this gets boring, but her sharp and clever style is all-around pleasing—”A bank credit card is available to most anyone who has two things: an ID and a pulse.”
VERDICT While the first few months on Hunt’s financial plan might feel like sailing on choppy waters, diligent parents will avoid the long-term toxic blend of entitlement and consumer debt, never mind the epic battles and macro-drama as a result of needing the latest . Highly recommended for public libraries, parents, and kids across America.

(c) Copyright 2013. Library Journals LLC, a wholly owned subsidiary of Media Source, Inc. No redistribution permitted.

Product Details

ISBN-13:
9780800721411
Publisher:
Baker Publishing Group
Publication date:
08/01/2012
Edition description:
Reprint
Pages:
224
Sales rank:
524,787
Product dimensions:
5.40(w) x 8.40(h) x 0.70(d)

Meet the Author

Mary Hunt is founder and publisher of Debt-Proof Living® (formerly Cheapskate Monthly™), which has 35,000 print subscribers and an average of 800,000 website hits per month. Her books have sold more than a million copies, she was the financial columnist for Woman's Day magazine, and her daily newspaper column is syndicated through United Features. The author of 7 Money Rules for Life, Hunt speaks widely on personal finance and has appeared on shows such as Good Morning America, Oprah, and Dr. Phil. She and her husband live in California.

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