Raising Financially Fit Kids Review

With so many young adults graduating from college deep in debt and not knowing how to live within their means, all parents should be striving to give their kids a basic education in financial literacy since the majority of schools are not teaching this subject.

The author aims to teach parents, who then teach their children, that money is a tool for gaining and maintaining independence. If they want to be free of mom and dad's rules that they deem unfair, your kids will need to realize that once they are an adult they'll need wise money management to be able to have their own home and be self-sufficient.

The topics of saving and wise spending are also main points taught throughout the Raising Financially Fit Kids book. The media does an excellent job of showing kids how the rich and famous live, but that life isn't possible or even good for everyone. Learning to spend wisely, within your means is one of the most important lessons a child needs to learn. Saving is also necessary but money shouldn't be hoarded; at a certain point people have "enough" and should give some of their excess.

Pros: The highlight of the Raising Financially Fit Kids book is that it breaks everything down into simple steps and shows you exactly how to teach your children about money with tips on how to make tweaks for your kids depending on their unique personalities. Within minutes of reading, you'll feel confident in your ability to give your child a mini-financial lesson that will, practiced repeatedly over time, stick with them for the rest of their lives.

Cons: Raising Financially Fit Kids may not be for families who don't believe in Godfrey's principles or who don't share her views, especially those on giving generously to others. This doesn't include adults who lack their own specific views on money; they will gain much from this book, whether or not they agree, and will have a more defined belief of money and how it should be used after reading this and working through it with their kids.