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Play the Real-Life Money Game with Your Teen Sarah Williamson

Play the Real-Life Money Game with Your Teen

Sarah Williamson

Published October 28th 2006
ISBN : 9780977778300
Paperback
330 pages
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 About the Book 

Money is a renewable resource. For those who know how to manage it, money is like a carefully groomed and productive forest. It grows as its nurtured. For those who dont know how to manage it, when the money is spent, whats left resembles theMoreMoney is a renewable resource. For those who know how to manage it, money is like a carefully groomed and productive forest. It grows as its nurtured. For those who dont know how to manage it, when the money is spent, whats left resembles the barren ground of a clear-cut. Ruination follows. The best way to avoid ruination is to learn young to properly manage this resource. This book is about how to help your teens prevent their own financial lives from becoming clear-cuts. This book shows parents how they can help their teens acquire both the tangible and intangible financial skills they will need to manage money effectively. Tangible skills are the concrete, hands-on skills such as knowing how income is generated and managing the mechanics of spending that lay the groundwork for understanding additional concepts such as saving, giving, borrowing, investing and taxes. Intangible skills are those learned behaviors and values parents wish to instill in their teens such as teaching them how to curb impulsive spending, delay gratification, and build self-confidence.