Do I Look Like an ATM?

A Parent's Guide to Raising Financially Responsible African American Children

Sabrina Lamb

Youth financial education is an urgent issue, and author Sabrina Lamb believes that African American parents first must reeducate themselves about finances to make sure the next generation does not fall into the spending trap that can be a family legacy. The lack of a healthy financial education has generational impact, causing families to be financially vulnerable, squander financial resources, and fail at wealth accumulation.

            With step-by-step advice and exercises for parents and young people, Do I Look Like an ATM? sets out to establish new financial behavior so children will avoid the personal economic problems that have plagued the culture. The book guides parents through self-examination of their financial habits. By performing the exercises in this book and having candid discussions, parents can, together with their children, become engaged citizens in the world of money. With new financial traditions and a better understanding money and its meaning, the next generation will realize the true power of wealth and use their money wisely.

Table of contents

• Front Cover
• Copyright
• Contents
• Introduction: Wake-Up Call
• 1 Assessing the Situation
• 2 Origins of Resistance
• 3 The ATM Generation
• 4 The Financial Bamboozle
• 5 The Problem with the Joneses
• 6 The Road to Travel
• 7 Remaking the Mold
• 8 Growing the Family Estate
• 9 Seizing Control
• 10 The Family as a Business
• 11 Invaded Nesters
• Closing Bell
• Acknowledgments
• Financial Words Every Young Person Must Know and Understand
• Recommended Resources
• Index
• Back Cover