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The MoneySmart Family System {Review}

978-1-4143-6739-2

 

Book Description

Is it possible to raise financially responsible kids of any age in a society filled with consumerism and entitlement?

New York Times best-selling authors Steve and Annette Economides raised their five kids while spending 77 percent less than the USDA predicted. And the money they did spend was also used to train their children to become financially independent. The MoneySmart Family System will show you how to teach your children to manage money and have a good attitude while they’re learning to earn, budget, and spend wisely.

Learn how to:

*Get the kids out the door for school with less stress. *End the battle over clothing—forever *Teach your children to be grateful and generous. *Inspire your kids to help with chores as a member of a winning team. *Prepare your kids for their first paying job. *Help your kids pay for their own auto insurance, and even pay cash for their own cars. *Employ strategies for debt-free college educations. *Truly help your adult children when they want to move back home. *Be prepared to deal with your adult children when they ask for bailouts.

With clear steps for children of every age, The MoneySmart Family System proves that it’s never too early, too late, or too hard to start learning financial responsibility.

 

My Review:

I really found this book packed with all kinds of great information. So much so that I will be re-reading it again because I am certain I missed something. There are charts and forms you can print out to help you to implement their ideas into your families life. I personally feel its very important to teach our children to handle money responsibly and realize that it’s a tool that they must use wisely. Money is one of those things that is really a problem in today’s society because kids and even many adults are not taught how to use money properly. This system can even work for you if you are just getting started yourself. What better way to teach your kids than to learn side by side with them.

You can start off small and work your way up to the full system like we are doing. As I have implemented some of these ideas in my own budget I have seen much improvement in how, I handle our families finances. I do recommend this as a great tool to help you in training not just your kids but yourself as well.

 

*I received the e-Book free from Thomas Nelson in exchange for an honest review.

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