I wanted to take some time this week to let you know about my latest book, out this week. This book isn’t written for you though, at least not directly. It’s for your kids, and it’s called Not Your Parents’ Money Book: Making, Saving, and Spending Your Own Money.
I spend a lot of time and ink talking about the importance of teaching your kids about money, and a huge part of that lesson is simply having a conversation, or a series of conversations, with them. This book will supplement those talks.
Before I started writing it, I spent months hosting focus groups with junior high and middle school students around the country so I could find out exactly what they’re interested in when it comes to money. I asked whether they have bank accounts, how much a concert ticket costs, and what they think President Obama’s salary is. And then I listened, while they asked questions of me. They wanted to know where, exactly, money comes from, why it makes people crazy, and whether banks are really a safe place to keep it.What I learned from this process was both predictable – kids want to know how to earn money, without baby-sitting – and surprising – we, as parents, often forget to give them their allowances (I know I’ve been guilty of that once or twice, a problem I solved with ThreeJars). So I put together this book for the next generation of savers and spenders, to answer their questions and help them understand how this economy of ours really works. I hope you and your kids will check it out. Let me know what you think – and if they (or you!) have any follow up questions, feel free to reach out. I’m always happy to help.
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