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Many of us think we can have the "money talk" when our kids are old enough to get it...which won't be for years, right? But get this: Research shows that even preschoolers can understand basic money concepts, and a study from Cambridge University confirmed that basic money habits are formed by the age of seven. Oh, and research shows the number one influence on kids' financial behaviors is mom and dad. Clearly, we can't afford to wait.
Make Your Kid a Money Genius (Even If You're Not) is a jargon-free step-by-step guide to help parents of all income levels teach their kids - from ages 3 to 23 - about money. It turns out the key to raising a money genius isn't to teach that four quarters equal a dollar or how to pick a stock. Instead it's about instilling values that have been proven to make people successful - not just financially but in life: delaying gratification, working hard, living within your means, getting a good education, and acting generously toward others. More specifically, you'll learn why allowance isn't the Holy Grail when teaching your kid to handle money and why after-school jobs aren't always the answer either. You'll discover the right age to give your kid a credit card and learn why doling out a wad of cash can actually be a good parenting move.
You don't need to be a money genius to make your kid a money genius. Regardless of your comfort level with finance - or your family's income - this charming and fun book is an essential guide for passing along enduring financial principles, making your kids wise beyond their years - and peers - when it comes to money.
Customer ReviewsMost Helpful
By Joe C. on 05-20-17
Makes a better book than an audiobook
I enjoyed this audiobook , but I think it's a better book. The content and the performance are great , but you find yourself wasting half your time listening to advice that are not necessarily applicable yet because your child hasn't reached some of those stages or is already passed them. When it's a book, you can see from the heading which sections do not necessarily apply to you and just skip them, but it's not so simple when you're listening, so a lot of precious time is wasted.
3 of 4 people found this review helpful