Silver Spoon Kids : How Successful Parents Raise Responsible Children

( 2 )

Overview

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 ...

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Silver Spoon Kids: How Successful Parents Raise Responsible Children

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Overview

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.

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Product Details

  • ISBN-13: 9780809294374
  • Publisher: McGraw-Hill Professional Publishing
  • Publication date: 12/28/2001
  • Edition number: 1
  • Pages: 272
  • Sales rank: 318,171
  • Product dimensions: 5.50 (w) x 8.30 (h) x 0.67 (d)

Meet 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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Table of Contents

Foreword ix
Acknowledgments xi
Introduction xiii
1 Affluence Is a Double-Edged Sword 1
2 Keeping Your Child's Development on Track 17
3 Money Personalities 37
4 The Value of Values 59
5 Talking with Your Kids About Money 85
6 Allowances: Giving Your Child More than Money 117
7 Diversity: How to "Unshelter" Your Child 133
8 Give and You Shall Receive 153
9 Family Wealth Planning 177
10 Parenting in an Age of Change: Dealing with New or Unusual Money Situations 203
11 Invest in Your Child's Future 231
Appendix 241
Bibliography 249
Index 257
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Customer Reviews

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Sort by: Showing 1 – 3 of 4 Customer Reviews
  • Anonymous

    Posted December 19, 2007

    A Practical Book for Healthier Families and Societies

    I wish I had read this while my children were young. Our oldest daughter is, as is Jon Gallo, an estate attorney. She tells me the Gallos are well known and respected. The book is so full of useful ideas that I am sending it to her and to our other three children. Putting real thought into how we use our money, and implementing ideas presented in the book can, I believe, produce healthier and happier families. This would certainly have the potential to create healthier societies. If you care about these entities, read it!

    1 out of 1 people found this review helpful.

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  • Anonymous

    Posted December 27, 2013

    ELDERS DEN

    TIGERSHADOW

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  • Anonymous

    Posted October 1, 2012

    No text was provided for this review.

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