I didn’t grow up in a family that talked a lot about money. If I listened hard enough, I picked up on different things like how my parents were going to pay for an upcoming vacation, or what it took for my grandparents to purchase a house in cash when my grandfather retired. Direct conversations where we all sat down and discussed how to save, spend, or invest? That wasn’t happening.
Those lack of conversations definitely affected my relationship to money as an adult, and I’m still learning lessons every day about how to be smarter when it comes to my finances. Thankfully my husband balances me out (his family DID have those conversations), and together we’re working to make sure our daughter understands how money really works. We’re always looking for great resources to help us with these sometimes complicated lessons, so I was thrilled to learn about Beth Kobliner’s new book, Make Your Kid a Money Genius (Even If You’re Not).
Get Make Your Kid a Money Genius (Even If You’re Not) on Amazon!
Beth Kobliner is a personal finance expert, journalist, and New York Times bestselling author. Her ability to take the latest research from the fields of psychology, child development, and behavioral economics and turn it into a step-by-step, jargon-free guide for parents is amazing! Make Your Kid a Money Genius (Even If You’re Not) really is a book that folks at all levels of personal finance knowledge can get into.
Easy to read and full of helpful information for parents like me who may not have a strong background in personal finance, Beth gives us a lot to think about. For instance, did you know that by paying your children for household chores you could be setting them up to have unrealistic expectations about money and being paid in the future? I didn’t know that either! Do you include your child in your family budgeting practices? We sure didn’t! Now I know how important it is to do that so that they can really understand why you sometimes have to say no to their requests, and empowers them to help you determine what’s most important for your family to spend money on as a unit.
Last week I had the pleasure of virtually interviewing Beth Kobliner at an event with some of my favorite bloggers. Just as straightforward “in person” as she is in the book, Beth answered all of our money questions and shared some great tips in the interview. Check it out:
The best part for me of the event was afterwards in the car when my 7-year-old said to me “I guess I can’t just spend money on everything that I want. I also have to think about what we need as a family.” Success!!!
Even if you didn’t grow up knowing a lot about money, or if you’re working on your own finances, you can still make sure your child is smart about it. Check out Beth Kobliner’s Make Your Kid a Money Genius (Even If You’re Not) on Amazon!
All photos credit: Green Vintage Photography
This is a sponsored post written by me on behalf of The Beth Kobliner Company LLC.