Many children who ask for money at some time or another hear their parents say that money doesn’t grow on trees.
Teaching your children the value of money is not an easy task, as they do not grasp the concept being financially responsible. Therefore, many parents today are finding tools to help them explain financial planning to their kids. There are many
kids money books on the subject, one of which is “Money Doesn’t Grow on Trees: A Parent’s Guide to Raising Financially Responsible Children.” This is an excellent book to help you teach your children the importance of being responsible with their money.
Description of the Book
“Money Doesn’t Grow on Trees” was written and published in 1994 by Neale Godfrey and Carolina Edwards, and it was republished later. The book promotes talking to your children about money at a young age. It will tell you how to handle certain issues, such as giving your children an allowance or helping your child understand why she cannot buy designer clothes. This book is an excellent resource to teach your child about financial accountability.
Appropriate Age Group
The Money Doesn't Grow on Trees book explains that you can teach your kids financial planning from the age of two to the age of eighteen. The book includes games and techniques that are appropriate for the age of your child.
Money Doesn't Grow on Trees Topics
The Money Doesn't Grow on Trees book will help you establish a spending and savings program with your child and stick to it. It includes a systematic process of how to teach your kids the value of money. You can learn good savings habits to teach your children that will stay with them for the rest of their life. You will be able to view specific examples of responsible financial budgeting, and the author separates the things that are driven by money and the things that are driven by behavior. Problem-solving methods are introduced in the book, and there is a glossary, which can be used to monitor your child’s financial growth.
Money Doesn't Grow on Trees Highlights
The revised edition of the Money Doesn't Grow on Trees book includes technology in financial planning. It explains the power of the internet and how EBay fits into financial budgeting. It also explains how television advertisers use sneaky tactics to get you into financial trouble. For example, they make it look like it is easy to obtain a loan, which can land you with lots of consumer debt. Since many people today are facing bankruptcy and debt it's important to discuss this topic with your children when they are ready.
As a parent, you can lead your child through the process of wise budgeting. The book is filled with a lot of information that can help you raise responsible adults. “Money Doesn’t Grow on Trees” is definitely worth reading.
