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lmkramer507's review
5.0
Practical advice for teaching your kids about money, with useful examples from other families. We are already using some of these strategies, but I got some more ideas from this book. Highly recommended.
tophat8855's review
3.0
I agree with the reviews that say this doesn’t have much for people in the middle to lower end of the class section. They get thrown a few bones like, “Of CH purse you can talk about this with your kids no n matter how much money you make.”
It’s a lot of different anecdotes put together. There are things I’d have pushed further on (specifically about choosing schools- he seemed to this this wasn’t a huge decision and you just end up with whatever socio-economic make ups in your school by no fall off your own, but choosing schools/location is all about what kids’ parents want their kids around.
Anyway, this is definitely more for wealthier families, but those are probably the families worried Scout their kids being spoiled. I think it has ideas you can try, but it’s not a specific program. I realize that we need to talk about money more- no one told me I could have been putting my money in a Roth IRA when I got my first job at 15, but I want my kids to know that for their teen jobs for sure. That’s not mentioned in the book; I’m just thinking out loud.
It’s a lot of different anecdotes put together. There are things I’d have pushed further on (specifically about choosing schools- he seemed to this this wasn’t a huge decision and you just end up with whatever socio-economic make ups in your school by no fall off your own, but choosing schools/location is all about what kids’ parents want their kids around.
Anyway, this is definitely more for wealthier families, but those are probably the families worried Scout their kids being spoiled. I think it has ideas you can try, but it’s not a specific program. I realize that we need to talk about money more- no one told me I could have been putting my money in a Roth IRA when I got my first job at 15, but I want my kids to know that for their teen jobs for sure. That’s not mentioned in the book; I’m just thinking out loud.
amandawhidden's review
3.5
This fell into the book that could’ve been a blog post category (which makes sense since the author writes for the NYT). Some interesting concepts that I will definitely take with me - skipped or skimmed some of the examples because they were very much for very privileged folks.
laughingflowers's review
5.0
Very practical! If I had kids, I feel like I'd be able to put this into practice right away.
laila4343's review
3.0
Listened to audio book on CD. (Took me a while because my commute is short and it had a hold on it.) Some very good ideas about raising kids who aren't entitled. Love the stuff about the three jars, not tying chores to allowance, and letting high school kids get part-time jobs to give them "grit" and self-confidence. There were a couple of chapters I fast-forwarded because I couldn't stomach listening about super-rich parents explaining to their kids why they weren't going to the fancy vacation resorts they'd become accustomed to, that sort of thing. (Also, did you know that if you pay enough you can skip to the front of theme park rides?? I had no idea. That's not right! Is this America?!) But on the whole, a worthy read about kids and money. Check it out from your local library!