MONEY DOESN'T GROW ON TREES
Ernie's Take:
MONEY DOESN’T GROW ON TREES, by Neale S. Godfrey continues the budgeting theme by showing parents how to teach their children to handle money properly. Starting with simple money-recognition and change-making games for children, Godfrey then goes on to detail how to tell your children about the basics of money management, allowances and budgeting, banking, tipping & taxes and other real-world applications of fiscal matters. Finally, she illustrates how to discuss your own finances with your teenage children and negotiating living with adult children, an important matter in the current economy. This book is an important part of your educational equipment for your child’s future.
Description:
Money Doesn't Grow on Trees is the book that parents turn to when it comes to teaching their children about money. With 180,000 young adults between the ages of eighteen and twenty-four declaring bankruptcy last year and college students graduating with an average of $28,000 in debt, Neale S. Godfrey is the definitive expert on the subject and her time-tested advice is more important than ever.
Money Doesn't Grow on Trees offers exercises and concrete examples on everything from responsible budgeting to understanding the difference between "want" and "need" for children of every age. This revised edition includes entirely new sections that discuss
- The power of the Internet
- The tactics of television advertisers
- The world of eBay
Godfrey's years of experience as a mother and a financial expert make Money Doesn't Grow on Trees a book no responsible parent can afford to pass up.