Magazine article Parenting for High Potential

Raising Financially Fit Kids

Magazine article Parenting for High Potential

Raising Financially Fit Kids

Article excerpt

Raising Financially Fit Kids by Joline Godfrey. Berkeley, CA: Ten Speed Press, (www.tenspeed.com). Paperback, ISBN: 1580085369. $17.95.

Did you know that on a recent Oprah show a panel of young adults (teens and early 20's) shared that they have out-of-control finances? As an example, one girl confessed to having a $50,000 debt on more than 11 credit cards. Do you wonder how this happens, or think that this won't ever happen to your child? You can help prevent it by teaching your child the skills to successful budgeting and money management at a young age. Today the money world has become very complex with credit cards, ATM's, credit checks, and transfer balances. This book shows ten basic money skills that children can master to become financially secure adults, and it does it in an easy to follow and realistic manner. The book is broken down within each of the ten chapters by many bulleted and charted activities. This makes skimming for the facts a breeze. …

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