Make Your Kid A Money Genius (Even If You're Not) : A Parents' Guide for Kids 3 to 23

The New York Times bestseller that is a must-read for any parent! From Beth Kobliner, the author of the bestselling personal finance bible Get a Financial Lifea new, must-have guide showing parents how to teach their children (from toddlers to young adults) to manage money in a smart way.Many of us think we can have the money talk when our kids are old enough to get itwhich wont be for years, right? But get this: Research shows that even preschoolers can understand basic money concepts, and a study from Cambridge University confirmed that basic money habits are formed by the age of seven. Oh, and research shows the number one influence on kids financial behaviors is mom and dad. Clearly, we cant afford to wait. Make Your Kid a Money Genius (Even If Youre Not) is a jargon-free, step-by-step guide to help parents of all income levels teach their kidsfrom ages three to twenty-threeabout money. It turns out the key to raising a money genius isnt to teach that four quarters equal a dollar or how to pick a stock. Instead, its about instilling values that have been proven to make people successfulnot just financially, but in life: delaying gratification, working hard, living within your means, getting a good education, and acting generously toward others. More specifically, youll learn why allowance isnt the Holy Grail when teaching your kid to handle money, and why after-school jobs arent always the answer either. Youll 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 dont need to be a money genius to make your kid a money genius. Regardless of your comfort level with financeor your familys incomethis charming and fun book is an essential guide for passing along enduring financial principles, making your kids wise beyond their yearsand peerswhen it comes to money.