Do you have a relationship with a kid between the ages of 3 and 23? Are you a parent? Grandparent? Educator? This book is totally for you! Make Your Kid A Money Genius (Even If You’re Not) by Beth Koblinger is an amazing compilation of lessons by a prestigious writer. In 2010 Beth was selected by President Barack Obama to be a member of the President’s Advisory Council on Financial Capability, where she created MoneyAsYouGrow.org. This project offers 20 essential, age-appropriate money lessons for kids. How helpful is this site? It attracted more than 1.4 million visitors before being adopted by the Consumer Financial Protection Bureau in 2016.
This book is a jargon-free, step-by-step guide to help parents teach their kids about money. I have kids from 12 through 30 (three of which are under 23) and let me tell you this guide could definitely have been helpful a decade ago. It is going to prove very valuable for my youngest. One of the youngest three is also autistic and this step by step guide is exactly the formula to educate.
Make Your Kid A Money Genius (Even If You’re Not) is full of teachable moments to help parents – help their children. Beth Koblinger, the author, is a personal finance commentator, journalist and best selling author of the New York Times bestseller Get a Financial Life: Personal Finance in Your Twenties and Thirties and a guide for parents, Make Your Kid a Money Genius (Even If You’re Not). With Beth’s latest book parents can teach critical character traits such as a strong work ethic, perseverance, a giving spirit and the ability to exert self-control and to evaluate and weigh choices carefully. For my kids the ability to exert self-control definitely does not come naturally. Their special needs make them even more impulsive than most kids and it is a struggle that we are trying to tame. Some financial habits that so many of us have been taught to implement are not actually educational and positive habit forming. These character traits are transferrable in all aspects of life and perfect for making our kids well rounded and productive.
This book is based on research based in psychology, child development and behavioral economics. The chapters focus on a particular topic and each chapter is broken down by stage of development (school levels) in order to read through or reference as needed. Beth really knows her stuff – She has also been a columnist for Money, Glamour, and Redbook and a contributor to the New York Times, the Wall Street Journal, and Reader’s Digest. Her writing appears in many famous publications, she has appeared on television on occasion and is a regular contributor to MSNBC and NPR. It is clear that she is a leader in her field and thankfully she is sharing her expertise with all of us.
Not only am I a parent and grandparent – I am also in the field of public school education and this book could make a great addition to a curriculum project at all levels through high school and college. These tips can be embedded in instruction and create even greater success for kids.
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