Ensuring a Responsible Financial Future for the Next Generation
Author: Richard A. Morris
Publisher: John Wiley & Sons
Category: Business & Economics
Leaving children with a substantial amount of money can be a boon or a burden. High-net-worth parents need to give their children an education to navigate today’s complex world. The question becomes how to raise children with a sense of reality and balance, imparting a strong work ethic, and making them good stewards of their wealth. Kids, Wealth, and Consequences enlightens high-net-worth parents about the unique issues they need to explore. The book addresses the ”hard” financial issues, such as investing and estate planning, as well as the “soft” emotional issues relating to values, family, and communication. Morris and Pearl detail strategies and techniques to help parents raise children who appreciate and know how to manage the wealth they inherit. Richard Morris spent many years working for his family's multimillion dollar business, and learned firsthand the challenges of business ownership and family wealth. Jayne Pearl is an experienced journalist who writes about families, family businesses, and money.
110+ Games/Activities, Tips, and Resources to Teach Kids Financial Literacy at an Early Age
Author: Linsey Mills
From money recognition to real estate investing, Andrea and Linsey, help parents and educators introduce kids to a variety of money topics in a fun, understandable, and engaging manner. Use the 110+ games/activities, tips, and resources to teach kids financial literacy at an early age.
About the Book : - "This book will equip parents to take hands on approach to make their children financially literate. You do not have to be a CFO or a savvy money manager. Even a quick read of the book will give parents ideas, concepts, and tools that can be used anytime. Here are some of the key take-away. When should you start teaching your kids about money? How should you introduce money and financial concepts to your children? What should you teach beyond the concept of a Piggy Bank? What & How to teach children of different age groups? (5-10 years , 11-15 years, and 16-20 years) How to handle peer pressure?"
Teaching Your Children Financial Confidence and Control
Author: Gail Vaz-Oxlade
As a parent you want the best for your kids. You work hard to provide every advantage you can. You want them to be safe, smart and healthy. Yet, when it comes to money, it's a whole different story. If you're like most people, you'd rather run a mile through a desert with a camel on your back than talk financial realities with your children.Your parents told you that talking about money just wasn't polite. Look where that left you! A healthy, balanced attitude towards money begins when kids are just toddling, so pull your head out of the sand and roll up your sleeves. Gail Vaz-Oxlade, Canada's #1 personal finance expert, will teach you everything your children need to know. Gail believes that building confidence and money skills starts with an age-appropriate allowance. In Money-Smart Kids, she'll show you how to start an allowance and use it effectively to help your kids: make saving a habit learn the difference between a need and a want use the "magic jars" to balance competing goals create life-long money management skills What better gift could you give your kids than the confidence to control their money, rather than letting their money control them? Let Gail help you raise Money-Smart Kids.
Are you talking openly to your children about money?Instilling good money habits in your children is arguably one of life's most important lessons. As parents we want our children to grow up to be financially secure and debt-free.One topic that many parents want their child to learn about is financial literacy. It's crucial that a child be taught how to manage and save money. Just as some kids think money grows on trees, some parents think that their child acquiring the knowledge about money will fall from trees, but it won't.Many experts agree that the earlier you teach your child about money, the better. As early as possible, parents need to help kids build a strong understanding of basic money matters. Instead of letting your child form misconceptions about money, wouldn't it be smarter to give them the facts? Make it your priority as a parent to begin to have weekly age-appropriate discussions as early as possible with your child about money. This doesn't have to be the type of conversation that bores them or turns them away; instead do it in ways that make it both fun and educational.This book is written to equip parents with the tools needed to teach children about money in fun and educational ways. It is designed to help kids starting at age three, however there is information that you can share with a child into their teens. Here's to raising a financially fit young person!
Teach your children to make sound financial decisions. Prepare them to use their money wisely and with a purpose Money issues challenge every family, no matter their background. That’s why Money Minded Families: How to Raise Financially Well Children offers advice on how every adult and child can be "financially well." The book explores how we can align our individual values with finances, while planning for a more secure financial future. It looks at how we can save, spend, share, and invest with a purpose. The author supplies financial basics for families and direction on creating a family mission statement, in order to help drive mindful financial choices. With the help of this book’s holistic financial guidance, families can take steps to live their best financial lives, rather than simply getting by. Readers will find advice on: Practicing financial mindfulness Understanding the current financial landscape Spending with a focus on personal values Understanding key financial concepts Engaging in healthy financial socialization Becoming financially independent Today’s financial environment sets up unique challenges, including concerns over Social Security, sky-high college costs, and debt. Kids are more likely to make their buying decisions online rather than in stores. It’s important that children’s knowledge about money begins in the home. When parents actively teach their kids about money, it can contribute to their chances of future financial success. Within Money Minded Families, parents will find tools for evaluating and improving their own financial wellness. They can also teach their children about positive financial health using the book’s activities, which are organized by age.
How to Teach Your Kids About Money While Learning a Few Things Yourself
Author: Robin Taub
Whether or not parents are skilled at their own financial management, the book offers a road map of how to teach children, pre-teens, teens and emerging adults the skills they need to be money-smart. With chapters for each age group outlining concepts, skills and activities, the book will not only improve children's financial literacy - it may even help parents improve their own skills. Even if parents have good money habits and understand the importance of making sound financial decisions, knowing how to instill those skills in children of different ages is another matter altogether.
An international and historical look at how parenting choices change in the face of economic inequality Parents everywhere want their children to be happy and do well. Yet how parents seek to achieve this ambition varies enormously. For instance, American and Chinese parents are increasingly authoritative and authoritarian, whereas Scandinavian parents tend to be more permissive. Why? Love, Money, and Parenting investigates how economic forces and growing inequality shape how parents raise their children. From medieval times to the present, and from the United States, the United Kingdom, Germany, Italy, Spain, and Sweden to China and Japan, Matthias Doepke and Fabrizio Zilibotti look at how economic incentives and constraints—such as money, knowledge, and time—influence parenting practices and what is considered good parenting in different countries. Through personal anecdotes and original research, Doepke and Zilibotti show that in countries with increasing economic inequality, such as the United States, parents push harder to ensure their children have a path to security and success. Economics has transformed the hands-off parenting of the 1960s and ’70s into a frantic, overscheduled activity. Growing inequality has also resulted in an increasing “parenting gap” between richer and poorer families, raising the disturbing prospect of diminished social mobility and fewer opportunities for children from disadvantaged backgrounds. In nations with less economic inequality, such as Sweden, the stakes are less high, and social mobility is not under threat. Doepke and Zilibotti discuss how investments in early childhood development and the design of education systems factor into the parenting equation, and how economics can help shape policies that will contribute to the ideal of equal opportunity for all. Love, Money, and Parenting presents an engrossing look at the economics of the family in the modern world.
In the "Pocket Money Project," researchers from four countries, Japan, Korea, China, and Vietnam collaborated and studied how children in those four countries were involved with money, combining various research methods and approaches. What our project tries to present throughout this book is that money is not only just a tool of exchange in the context of the market economy; but, it also serves as a tool to mediate human relationships in individual cultures; and the tool is used and mediated by norms. The structure of the norms differs among cultures, and the same action has different meanings; thus, when the structure of norms in a culture is identified, the meaning of an action in the culture becomes clear. The research practice of "the Cultural Psychology of Differences" does not aim to create inventories of static differences. When a researcher, who is also a member of a specific culture, witnesses common behavior (cultural practices) among the others belonging to a different culture, the researcher is surprised, and, at the same time, reflects on his or her own common behavior (cultural practices); by doing so, mutual understanding and empathy are deepened, and this is exactly what "the Cultural Psychology of Differences" aims to do. Culture of the others appears dynamically, swaying ourselves; theorizing such a process is the task of our "Cultural Psychology of Differences". We believe this practice of understanding different cultures will provide a practical prescription for mutual understanding through tensions and surprise not only for psychology but also for members of the countries that historically and constantly have had strained relationships. "Cultural Psychology of Differences" is the ideal that cultural psychology to study the relationships between mind and culture should be pursued in the future.
* Do you have a plan to educate your children about financial matters?* Do you think about the values that you are communicating to your children through the way you handle money?* Are you uncomfortable talking about money with your children?* Do you sometimes use money as a bribe to get your children to do what you tell them? * If you feel you've been too busy to spend time with your children, do you try to make it up to them by buying them things? * Do you frequently argue with your spouse about money in front of your children?* Do you ever talk to your children about the importance of charity and helping others less fortunate than your family? * Do you give your children a consistent allowance?* Are you worried about Generation Debt: how your child will succeed in getting through university or college? If any of these issues worry you, then this book is for you. Gold Start has been written by an expert in the field of educating children about money. It is jam-packed full of excellent tips and advice on how to make your child's life (and your own!) much easier in the future. The book is interactive too: full of questionnaires and tables to work through in order to find out the best financial plan for your family. The book also includes a chapter on 'Teens and money', written especially for older children to read themselves.
The Best Ways to Teach Your Children about Money for a Strong Financial Future
Author: Gordon Pape
Publisher: Penguin Hardcover
Most of us grew up knowing very little about money and how to manage it. The result is the most indebted generation in Canadian history. Don't let your children make the same mistakes. Money Savvy Kids is an indispensible, fun-to-read book by Gordon Pape and his daughter, Deborah Kerbel, that will help you get your children on the right track to understanding all about money. It contains sound, practical information from Canada's most trusted financial writer plus many delightful and humorous personal stories that will leave you laughing while you learn. Money Savvy Kids features timely information on how to teach the "value" of moneywhether allowances are a good idea and, if so, how much?saving, spending, sharingteaching your kids to shop smartcoping with children-directed advertisinggames that teach money skillsgreat websites and apps-some reviewed by the kids themselvesmoney-smart books for young readersfinding that first jobsaving for college This book is a must-read for all parents with children between the ages of five and seventeen. Whether your kids are toddlers or teens, it's never too early or too late to start talking about money and how to save, spend, and manage it wiseley. Gordon and Deborah make it easy to raise money savvy kids
Teaching Kids Money Management, Practical Money Skills And How To Think About Money
Author: Frank Dixon
Publisher: Go Make a Change
Kids Will Never Learn These Vital Skills in School... Do You Want to Set Your Kids Up For Financial Success? And Do You Want to Teach Your Kids Skills That Will Last a Lifetime and Make Their Life Easier and More Successful? The sad truth is that most children grow up knowing nothing about how to obtain, maintain and grow any kind of financial wealth... ...which leads them to living a life of constant financial struggle, causing issues with relationships, stress, health, and more. Schools don't teach children anything about these things. And unfortunately, most parents don't teach their kids this either... How would they? They have never learned this stuff either. But now you have the chance to break this chain. You have the chance to set your kids up for a life where money comes, stays and grows easily, which can provide them with invaluable freedom and opportunities. This book will show you how. What you'll discover in this book: ✓ The Best Ways to Make Money for Children ✓ How to Manage Money Effectively ✓ Investing for Beginners ✓ Teach Kids to Save Money ✓ How to save money for kids and much more... So Click The "Buy Now" Button Today to Immediately Start Setting Your Children Up For Lifelong Financial Success in Life! Perhaps you're still wondering... Why Teach Kids About Money? We all know that money isn't the most important thing in the world. So, here are the real reasons why you must teach your kids financial skills ★ Better Finances Means Less Stress, Better Relationships and Overall Better Life ★ The Ability to Quickly and Effortlessly Deal With Unforeseen Problems (such as a health issue) ★ Good Finances Gives People Better Possibilities for Helping Others and Supporting Positive Change ★ Money Will Give Your Kids Increased Freedom and Opportunities in life And who doesn't want their kids to live the best life possible? So Scroll Up and Click The "Buy Now" Button Today to Immediately Start Setting Your Children Up For Lifelong Financial Success in Life!
A renowned financial expert and chairwoman of the Children's Financial Network provides an overview of economics and money, including earning, spending, saving, checks and credit cards, banks, and the history of currency.
Don’t shelter your kids from grown-up realities including money matters. Instead, teach your children how to handle money to avoid financial regrets later on. A powerful tool that you an use to teach the young about money are references books, like this. Make money an interesting concept to learn. Start by getting a copy of this book today!