Make Your Kid a Money Genius (Even If You're Not) by Beth Kobliner
Make Your Kid a Money Genius (Even If You're Not) is a jargon-free, step-by-step guide to help parents of all income levels teach their kids--from ages three to twenty-three--about money. It turns out the key to raising a money genius isn't to teach that four quarters equal a dollar or how to pick a stock. Instead, it's about instilling values that have been proven to make people successful--not just financially, but in life: delaying gratification, working hard, living within your means, getting a good education, and acting generously toward others. More specifically, you'll learn why allowance isn't the Holy Grail when teaching your kid to handle money, and why after-school jobs aren't always the answer either. You'll discover the right age to give your kid a credit card, and learn why doling out a wad of cash can actually be a good parenting move.
You don't need to be a money genius to make your kid a money genius. Regardless of your comfort level with finance--or your family's income--this charming and fun book is an essential guide for passing along enduring financial principles, making your kids wise beyond their years--and peers--when it comes to money. Read a sample.