| A parent’s guide to helping kids unravel the mystery of money. The children of the 21st century have more spending power than any generation to date. Along with this increased power comes an unmatched curiosity about our monetary system and a greater expectation of fiscal responsibility. How can parents help their children grasp money and its role in society? Janet Bodnar, mother of three and a nationally recognized expert in the field of children’s and family finances, shares her strategies for helping parents help their kids understand the power of a dollar in Raising Money Smart Kids. Bodnar, executive editor of Kiplinger’s Personal Finance, provides parents with sensible ways to help children-from toddlers to teenagers-understand the role of money and how it works. She teaches parents how to handle the sticky questions like "Are we poor?" "How much money do you make?" and the inevitable "It’s my money, so why can’t I spend it the way I want?" Raising Money Smart Kids begins with a "Test Your Money Smarts" quiz, and each chapter includes real-life questions and answers from Bodnar’s popular weekly column. At the end of many chapters are stumpers that kids toss parents’ way-along with appropriate responses. Some of the issues addressed include: •Curing a case of the grocery-cart "gimmies" •A kid’s-eye view of money •Family money habits, good and bad •Allowances: how much and how often •Saving and budgeting •Credit cards •Teaching kids about investing With Raising Money Smart Kids, parents can convince kids that money doesn’t just jump out of bank ATM machines in an educational and kid-friendly way. Editorial Descriptions are usually submitted by the manufacturers, publishers and authors. Contact us if you are one of them, and wish to change the above description. |
