Sunday, August 12, 2012

REVIEW: Raising Financially Confident Kids

I appreciate Mary Hunt. She has a perspective on how to raise your children to be financially confident.

I didn't have parents that taught me to be financially confident so I was really at a loss for how to raise my children in this area without some ideas. Well, Mary has plenty of ideas. She has some very sound advice re: how to help your children to form a solid foundation in this area. Just keep in mind that this is just one person's advice. There are many ways to train your children to handle and view money wisely. Every family is different and their ideas for instilling wisdom in their children can be vastly different in this area. Still, I appreciate that Mary has taken the time to tell us her opinion.

My favorite part of the book was the chapter where she discusses having your children manage a portion of the family budget. Although this idea initially terrified me I soon came to realize that I was scared because of my own lack of personal training in this area. I am going to try and implement a few of her ideas with my children and then see how things go.

You should continue to read a wide variety of authors to decide how you want to raise your children to view and handle money. I always ask people for ideas re: how they teach their children in this area so that I can analyze their responses and adapt them to my family and our situation. Remember that one "size does not fit all" when it comes to financial advice.

One thing is for certain....if you don't train your children in this area then they will form their own opinions about money. Training in every area of their lives is important.

Available August 2012 at your favorite bookseller from Revell, a division of Baker Publishing Group.