Synopses & Reviews
Synopsis
Is it possible to raise financially responsible kids of any age in a society filled with consumerism and entitlement?
New York Times best-selling authors Steve and Annette Economides raised their five kids while spending 77 percent less than the USDA predicted. And the money they did spend was also used to train their children to become financially independent. The MoneySmart Family System will show you how to teach your children to manage money and have a good attitude while they re learning to earn, budget, and spend wisely.
Learn how to:
- Get the kids out the door for school with less stress.
- End the battle over clothing forever
- Teach your children to be grateful and generous.
- Inspire your kids to help with chores as a member of a winning team.
- Prepare your kids for their first paying job.
- Help your kids pay for their own auto insurance, and even pay cash for their own cars.
- Employ strategies for debt-free college educations.
- Truly help your adult children when they want to move back home.
- Be prepared to deal with your adult children when they ask for bailouts.
With clear steps for children of every age, The MoneySmart Family System proves that it s never too early, too late, or too hard to start learning financial responsibility.
Every parent or parent-to-be should read this book Dr. Laura Schlessinger
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Synopsis
A proven plan to teach kids of every age how to make great financial decisions for a lifetime.
It costs around $261,000 to raise a child from birth through the age of 17 Regardless of a family's income level, there will be a flow of cash between parent and child. It may be a trickle or a torrent, but the control of the money spigot must be firmly in the hands of the parents-not the child's, no matter how old they are.
In The MoneySmart Family System, personal finance experts Steve and Annette Economides (and their five kids) give readers a proven system to train their kids and control the flow of cash. Parents will be empowered to:
- Use the money they're already spending on their children as a training tool
- Train their kids to want to earn and pay their own way in life
- Avoid the costly consequences of the 5/50/500 rule
- Equip their child to earn their first job
- Help kids plan and pay for major purchases like a first car or college tuition
- Give practical help without enabling
Thousands of parents have learned money management skills from the Economides. If parents want to raise kids who are happy, productive adults, teaching them to manage time, money, and goals is critical. The MoneySmart Family System gives parents tools, tips, and methods to help their kids make healthy, mature financial decisions that will last a lifetime.