Money Doesn't Grow On Trees: A Parent's Guide to Raising Financially Responsible Children

By Neale S. Godfrey and Carolina Edwards

Book Overview

At a time when kids have more debt and temptation than ever comes a completely revised and updated edition of the #1 New York Times bestseller on teaching children aged three to twenty about money Money Doesn't Grow on Trees is the book that parents turn to when it comes to teaching their children about money. With 180,000 young adults between the ages of eighteen and twenty-four declaring bankruptcy last year and college students graduating with an average of $28,000 in debt, Neale S. Godfrey is the definitive expert on the subject and her time-tested advice is more important than ever. Money Doesn't Grow on Trees offers exercises and concrete examples on everything from responsible budgeting to understanding the difference between "want" and "need" for children of every age. This revised edition includes entirely new sections that discuss * The power of the Internet * The tactics of television advertisers * The world of eBay Godfrey's years of experience as a mother and a financial expert make Money Doesn't Grow on Trees a book no responsible parent can afford to pass up.

• Format: Paperback
• Language: English
• ISBN: 0743287800
• ISBN13: 9780743287807
• Release Date: August 2006
• Publisher: Atria Books
• Length: 192 Pages
• Weight: 0.43 lbs.
• Dimensions: 0.5" x 5.6" x 8.6"

Customer Reviews

economics begin with the child's allowance

Neale Godfrey understands money (used to be a banker). She teaches parents how to teach children about money, by teaching them to manage their allowances. Does an excellent job. Realistic. For families in all economic levels. Her next book "Money Still Doesn't Grow on Trees" (for teen and young adults) is even better.

I bought 12 copies and gave for gifts!

My husband originally bought this book, and then I read and re-read it. We have 2 sons, (10 & 12 yrs old). This book REALLY helped us to set up a program for spending and saving with our sons. I like the way is is simply laid out. I would highly recommend any parent who is interested in learning more and getting help on how to set-up the whole money thing to get this book...better earlier than later! Be patient, it does work...it just takes time and persisitence.

User-friendly and useful

We all spend a lot of time talking about how to instill proper financial values in our children. This book gives you step-by-step advice on how to make that "talk" reality. The sections on how to use the world as your financial classroom and how to instill your personal values through consumerism were perfect for our young children. Perhaps the best part of the book is that it is written in an easy-to-read, easy-to-understand style. Anyone reading this book will be able to use and implement these ideas.

Good book for all parents.

If your a parent and having trouble teaching your children about economy then this is the book for you. It help me with my children very much. This book has many was to help you teach your children and may even teach you a thing or two. So if you need help then get this book.