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Title: Dollars & Sense for Kids
by Janet Bodnar
ISBN: 0938721674
Publisher: Kiplinger Books
Pub. Date: 01 November, 1999
Format: Paperback
Volumes: 1
List Price(USD): $17.95
Amazon Price(USD): $12.57
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Average Customer Rating: 2.71429

Customer Reviews

Rating: 5
Summary: The "Dr. Spock" of kids and money
Comment: As the author of this book--which Library Journal has described as a "wise and witty tome"--I was appalled to read a couple of the negative "reviews" on this page. In fact, I question whether they're reviews at all. Based on their similar content and wording, I suspect they have been planted on behalf of another author. They certainly don't describe my book, which is neither "nasty," "mean-spirited" nor "bossy."
Here are a few quotes from "Dollars & Sense":
--"What works for you won't necessarily work for your neighbor."
--"There is a comon theme in how you should teach your kids about money: Be candid, be consistent and use your own good common sense."
--"All the advice I give has been used successfully by some parent--though not necessarily by me. Like any family, we've had our successes and failures."
--"My aim is to offer reasonable solutions in a readable form that real people will find useful--and even entertaining."
--"Kids are people, too, and they deserve to have their questions taken seriously and answered thoughtfully."
Are my own kids "quaking in their boots"? Hardly. They are quite secure, and have a great sense of humor about having a mother who writes about kids and money. They've also picked up a thing or two along the way. My oldest went off to college this fall, and I'm confident he won't bounce any checks or run up a big credit card bill.
My thanks to the two reviewers--both unknown to me--who obviously took the time to read "Dollars & Senses" and gave it five stars. The reviewer from Boston thinks it's "worth the price for the chapters on savings, investments and kid businesses alone." The reviewer from Washington finds it "direct and to the point," and invites readers to "look at the content. Good stuff."
I second that invitation. I also invite readers to come to our Web site, www.kiplinger.com, and read my weekly column on kids and money.
By the way, the previous edition of this book, published as "Dr. Tightwad's Money-Smart Kids," was chosen by Amazon as one of the year's top-ten business books. And the audio version (read by the author) has won awards from Publishers Weekly, Library Journal and the Audio Publishers Association. Good stuff!

Rating: 1
Summary: Nasty Approach To Deal With Kids
Comment: We managed to raise three happy, healthy and financially responsible kids. But we did it with love, caring and by having open discussions with our kids about money from preschool through college.

Ms. Bodnar... must have her three kids quaking in their boots. I don't envy her kids.

Money--and child rearing for that matter--is hard work but can be the most rewarding and enjoyable experience of one's life.

What worked for us was to keep the lines of communications open with our kids, let them have some money to spend and discuss purchases before and after they make a purchase.

We all buy things that we later regret and that can be a great learning experience for kids as long as you don't berate them and belittle their choices. Ms. Bodnar hasn't learned that lesson. So I must say that her book has missed a great opportunity to teach kids about money.

Better books are on the market about kids and money or you can go with your own parental instincts. That's what we did and it worked.

Rating: 5
Summary: Direct and To the Point
Comment: Dollars and Sense for Kids is right on the money. Janet Bodnar has been writing about kids and money for over 20 years and knows what she's talking about. Although it may sound harsh, Ms. Bodnar instills values that WILL work. If one looks at the state of the economy right now in the US and sees that most kids never learned about finances from their parents, they will see many parents weren't doing their job. While Ms. Bodnar's kids will be financially set, other such authors, who chose to candy coat financial issues with their kids, will be the ones who will be bailing their kids out in 10 - 20 years. Their kids won't know what to do with the little they earn. Kids need a parent who will be frank with them, especially about finances. Not a parent who wants to be their kid's friend. I read Ms. Bodnar's columns in both Kiplinger's Personal Finance, as well as on Kiplinger.com whenever they come out to get information that will help me. Dollars and Sense for Kids is loaded with information that you can pass on to your kids, however you choose to do so. Look at the content. Good Stuff.

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