As a parent, you want the best for your kids. You work hard to provide them with every advantage. 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 about money with your children.
Are you going to follow in your parents’ footsteps, keeping financial matters a deep, dark secret? Or do you want your children to have a healthy, balanced attitude toward money? Then it’s time to pull your head out of the sand and roll up your sleeves.
Gail Vaz-Oxlade, Canada’s #1 personal finance expert, believes that teaching kids about money is a parent’s job. She knows that building confidence and money skills starts with an age-appropriate allowance to help your kids accomplish important tasks:
Making saving a habitLearning the difference between needs and wantsUsing the “magic jars” to balance competing goalsCreating lifelong money management skills
What better gift could you give your children than the confidence to control their money, rather than letting their money control them? Let Gail help you raise “Money-Smart Kids.”
This book was a quick read and gives some very specific instructions on how to help children develop good financial habits. The instructions are age-specific, and one can easily tell that Gail has children because she knows how they would think. I never had any instructions or goals about money taught to me by my parents as I was growing up, so I found the information (especially about paying off debt) useful, and it gave me, personally, a different take on my own spending habits. I also like that she's Canadian.