Money Doesn't Grow On Trees

A Parent's Guide to Raising Financially Responsibl

Neale S. Godfrey, Carolina Edwards, Tad Richards

• Publisher: Atria Books
• Year: 2013
• Print ISBN:
  9780743287807
• Subtopic: Business Education
• eBook ISBN:
  9781476744827

At a time when kids have more debt and temptation than ever comes a completely revised and updated edition of the #1 New York Times bestseller on teaching children aged three to twenty about money

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.

Table of contents

• Cover
• Dedication
• Introduction: Why Your Children Must Be Fluent in Finance
• Chapter 1: What Kind of (Financial) Personality Do You and Your Children Have?
• Chapter 2: How to Teach Your Child the Basics of Money Management
• Chapter 3: When to Start Your Child on an Allowance
• Chapter 4: Work for Pay and Setting Up a Budget
• Chapter 5: How to Introduce Your Child to the World of Banking
• Chapter 6: How to Use the World as Your Financial Classroom
• Chapter 7: How to Explain the Terrible Ts: Tipping, Taxes, Tolls, and Tickets
• Chapter 8: How to Work with Your Teenager on Money Management
• Chapter 9: What Parents Need to Tell a Child About Their Own Finances
• Chapter 10: How to Negotiate Living with Your Adult Children
• Epilogue: One Final Word—“Go Forth and Multiply”
• Glossary
• About the Author
• Index
• Copyright