Raising Financially Fit Kids

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Author: Joline Godfrey

ISBN-10: 1580085369

ISBN-13: 9781580085366

Category: Family Finance

Is your child a spendthrift? A hoarder? Or maybe, downright oblivious? Are there family money dramas you can do without? In RAISING FINANCIALLY FIT KIDS, Joline Godfrey, one of the country’s leading experts on kids, parents, and money, gives parents the secrets and knowledge she has gleaned from a decade of working with kids on financial literacy and business. At the heart of the book lies a defined set of values:\ \ Money is a tool for achieving and maintaining independence.\ Saving is good;...

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As a parent, you worry about instilling good financial values in your children-no matter what your income level. But when and how is it appropriate to start teaching your kids about the almighty dollar? Joline Godfrey, founder and CEO of Independent Means, Inc.-the leading provider of financial programs for kids and their parents-has the answers. In RAISING FINANCIALLY FIT KIDS, Godfrey aims her friendly, approachable, and practical text at parents and grandparents of children ages 5 to 18. At the heart of the book is a developmental map covering 10 specific money skills children can master by the age of 18 to become financially secure adults. Godfrey's fitness plan doesn't encourage children to accumulate wealth for its own sake; rather, it helps children achieve independence and become responsible members of families and communities by teaching habitual savings, smart money management, and decision-making skills. More than just a money book, RAISING FINANCIALLY FIT KIDS will help you send your kids into the world as balanced young adults who exercise good judgment, practice responsible habits, and live financially stable lives. Library Journal Renowned for her work in educating girls about money, Godfrey (No More Frogs To Kiss: 99 Ways To Give Economic Power to Girls) presents a general financial apprenticeship for kids ages five through 18. Suggested are age-specific activities and resources that will help parents of all income levels teach the author's "Ten Basic Money Skills" (e.g., saving, keeping track of money, spending wisely, and investing). At the heart of the text is the idea that financial apprenticeship is less about money than about instilling independence and responsibility. Godfrey's humor, coupled with her knowledge of child psychology, helps her make a strong case for a more playful yet studied approach to financial apprenticeship. Chapters on philanthropy and raising privileged kids make the book more suitable for public libraries serving wealthy communities. Libraries that already own Alan Feigenbaum's similar A Parent's Guide to Money: Raising Financially Savvy Children need not purchase. (Fold-out charts of the money skills not seen.)-Maryse Breton, Davis Branch Lib., CA Copyright 2003 Reed Business Information.

\ Library JournalRenowned for her work in educating girls about money, Godfrey (No More Frogs To Kiss: 99 Ways To Give Economic Power to Girls) presents a general financial apprenticeship for kids ages five through 18. Suggested are age-specific activities and resources that will help parents of all income levels teach the author's "Ten Basic Money Skills" (e.g., saving, keeping track of money, spending wisely, and investing). At the heart of the text is the idea that financial apprenticeship is less about money than about instilling independence and responsibility. Godfrey's humor, coupled with her knowledge of child psychology, helps her make a strong case for a more playful yet studied approach to financial apprenticeship. Chapters on philanthropy and raising privileged kids make the book more suitable for public libraries serving wealthy communities. Libraries that already own Alan Feigenbaum's similar A Parent's Guide to Money: Raising Financially Savvy Children need not purchase. (Fold-out charts of the money skills not seen.)-Maryse Breton, Davis Branch Lib., CA Copyright 2003 Reed Business Information.\ \