ALLOWANCES, DOLLARS AND SENSE: A Proven System for Teaching Your Kids About Money - Softcover

Lermitte, Paul W.

Softcover

ISBN 10: 0075609290 ISBN 13: 9780075609292

Synopsis

Help your kids become *-smart consumers! In 1998, Canadian tweens (kids between the ages of 9 and 13) had a startling $1.5 billion of disposable income! (Source: YTV Survey) It's not surprising then that the advertising heat targeted at your children is intensifying. From consumer items like in-line skates or the coolest brand of sneakers to promises of "easy" * in the form of credit and debit cards - your children are being bombarded with all sorts of marketing hype. Now more than ever before, parents need to ensure their children have the tools they need to manage their *. In Allowances, Dollars and Sense author and registered financial planner Paul W. Lermitte presents a step-by-step system for teaching children about * based on giving them a regular allowance. In a friendly and easy-to-read style, he provides checklists, skillsheets and lots of illustrations to show parents how to adapt this system to fit their own family's values. Lermitte will take you from the basics of setting up an allowance and managing requests for loans to handling marketing hype targeted at your children. He also demonstrates the importance of long-range savings and * goal-planning. He will answer all the questions you have including: * How can you teach your kids to value * when they don't work for a living * When do you start an allowance and how much should it be * How do you start them saving for the medium- and long-term * Where do you draw the line between "wants" and "needs" * What do you do to help them make wise buying decisions * How can you be generous with your kids without spoiling them With the * know-how in Allowances, Dollars and Sense, parents can help their children learn the * management skills that will make them *-smart consumers for years to come.

Edition details

• Publication date: 1999
• Language: English
• ISBN 10: 0075609290
• ISBN 13: 9780075609292
• Binding: Paperback
• Edition number: 1
• Number of pages: 256