Synopses & Reviews
This combination parenting and personal finance book helps parents teach their children key money skills--such as saving, spending, budgeting, investing, building credit, and donating--that they'll need to become financially secure adults.
A decade after Raising Financially Fit Kids first came out, the economic landscape has changed. Now more than ever, families view financial education as an important priority. This new edition will include advice tailored to every age group, so parents can set a foundation for young children, follow through with their teens, and even support twentysomethings at risk of boomeranging back into the basement. Godfrey's company, Independent Means, consults for families in countries around the world, and the new edition reflects this twenty-first-century focus on entrepreneurialism, the world economy, and the global citizen. With advice on figuring out whether your child is a spendthrift, a giver, or oblivious to money--along with activities for making financial fitness fun--this guide will help parents (and educators) arm their children with the money know-how they'll need to thrive in today's economy.
About the Author
JOLINE GODFREY has been a pioneer in the field of financial education since 1990. Today she is one of the country’s foremost experts on kids, families, and money. Godfrey is founder and CEO of Independent Means, Inc., a leading provider of financial education for families. Recognized in features for the Today show, Oprah, Fortune, BusinessWeek, and the New York Times, Godfrey is a frequent speaker and consult-ant worldwide. She lives in Ojai, California. Visit www.independentmeans.com and follow her blog at www.independentmeans.com/imi/category/joline.
Table of Contents
Foreword by Jack Polsky
Preface to the Second Edition
Financial Literacy Is Economic Self-Defense
Chapter 1: From Safety Nets to Self-Sufficiency
Chapter 2: Outwitting the Money Monsters
The Financial Apprenticeship
Chapter 3: Stage One: Ages 5–8: I’m Just a Kid
Chapter 4: Stage Two: Ages 9–12: Encouraging Passions
Chapter 5: Stage Three: Ages 13–15: Breaking Away
Chapter 6: Stage Four: Ages 16–18: Standing Tall
Chapter 7: Stage Five: Ages 19+: Never Too Late
Chapter 8: Raising Young Philanthropists
Chapter 9: It’s Not Just About the Kids
Chapter 10: Frequently Asked Questions
About the Author