Teach your children to make sound financial decisions. Prepare them to use their money wisely and with a purpose
Money issues challenge every family, no matter their background. That squo;s why Money Minded Families: How to Raise Financially Well Children offers advice on how every adult and child can be "financially well." The book explores how we can align our individual values with finances, while planning for a more secure financial future. It looks at how we can save, spend, share, and invest with a purpose. The author supplies financial basics for families and direction on creating a family mission statement, in order to help drive mindful financial choices.
With the help of this booktsquo;s holistic financial guidance, families can take steps to live their best financial lives, rather than simply getting by. Readers will find advice on:
Practicing financial mindfulness
Understanding the current financial landscape
Spending with a focus on personal values
Understanding key financial concepts
Engaging in healthy financial socialization
Becoming financially independent
Todayasquo;s financial environment sets up unique challenges, including concerns over Social Security, sky-high college costs, and debt. Kids are more likely to make their buying decisions online rather than in stores. It squo;s important that childrenisquo;s knowledge about money begins in the home. When parents actively teach their kids about money, it can contribute to their chances of future financial success.
Within Money Minded Families, parents will find tools for evaluating and improving their own financial wellness. They can also teach their children about positive financial health using the bookesquo;s activities, which are organized by age.