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Kids and Money: Giving Them Savvy to Succeed Financially (Bloomberg Personal Bookshelf (Paperback))

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Title: Kids and Money: Giving Them Savvy to Succeed Financially (Bloomberg Personal Bookshelf (Paperback))
by Jayne A. Pearl
ISBN: 1-57660-064-5
Publisher: Bloomberg Press
Pub. Date: January, 1999
Format: Paperback
Volumes: 1
List Price(USD): $15.95
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Average Customer Rating: 4.83 (6 reviews)

Customer Reviews

Rating: 5
Summary: An easy-to-understand, well-written parental guide
Comment: Jayne Pearl's Kids And Money: Giving Them The Savvy To Succeed Financially is a thoughtful, easy-to-understand, well-written parental guide to a the sticky conundrum of teaching children from age 4 to 18 on how to be responsible with their money. Various money-related milestones, from allowances and first jobs to credit cards and college, are all carefully navigated with frank, friendly wisdom. Tougher issues such as shoplifting, gambling, and overspending are also discussed, with practical advice for the wide gamut of family money situations. In an increasingly modern society where a few clicks of the computer mouse can drain one's credit card account as fast as electrical information can travel, money savvy is more important than ever, making Kids And Money a "must" for any parent whose children aren't already majoring in finance.

Rating: 4
Summary: A Good Read!
Comment: Jayne A. Pearl shows you how to give your children financial roots and wings. By roots, she means good financial information, values, and ethics. By wings, she means encouraging kids to be confident, independent financial managers. While Jayne Pearl's information is thorough, some of it is specific to U.S. taxation laws and economic structures, which makes the book less useful to an international audience. We... recommend this book to parents who are concerned about their children's financial well being, and to those who need a refresher on good spending habits.

Rating: 5
Summary: Money sense and family peace!
Comment: How many books do you know that have actually improved your life? We're not just talking finances here. This book will change the atmosphere in your family in ways you thought impossible.

Kids and Money convinced us to change our approach to allowances. Not only did we end up spending less by eliminating all those little "off-budget" extras, our kids suddenly became interested in getting value for their dollars. No more extravagant purchases that they wore once and forgot. And they began to take better care of the things they did buy. No more nagging!

Kids and Money is full of great advice on many other subjects. Including how to finance college if you didn't (or couldn't) start saving when the kids were born. And there's a terrific list of web resources at the end.

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