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Learn how to teach your kids the importance of learning about money by guiding them through the five aspects of money management.
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A Parent’s Guide to Raising Money-Smart Kids explains why it’s important to help your kids become money-smart. It guides parents with kids at different stages, from young children to emerging adults, through the five aspects of money management: earn, save, spend, share and invest. There are suggestions for family discussions and activities designed to reinforce these concepts. Each chapter also contains quotes from parents talking about how they approached financial literacy with their kids.
If you are like most Canadians, you believe that responsible money management is an important life skill — and one that should be taught to kids. Research shows that most parents feel it’s their responsibility to teach their kids about money management, and many have tried. But a vast majority of parents feel they have not been very successful at it. They feel they don’t have the information they need, and they don’t know how to approach the subject with kids of different ages. They recognize that they need help and they are willing to listen and learn. That’s why this book was written. We believe that the earlier kids are taught, the greater the likelihood of their financial success throughout life.
Also sold in cost-effective bundles, A Parent’s Guide to Raising Money-Smart Kids can also be given to current and prospective clients to promote your services as a Chartered Professional Accountant (CPA). Use this practical booklet to stay connected with clients and provide them with valuable guidance on teaching their kids about money management.
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