Silver Spoon Kids

Don’t allow money to ruin your childBeing an affluent parent comes with its own particular set of concerns and responsibilities. This is relevant not only to the superrich but also to the millions of families whose children are exposed to material abundance. While many parents know how to capitalize on their wealth financially, they aren’t as certain how to make sure money doesn’t spoil their children. This expert handbook can show you how. A mix of practical tips, instructive real-life stories and anecdotes, and highly effective advice, Silver Spoon Kids addresses the how and the equally important why of instilling in your family a healthy relationship with money in your family. Here you’ll find out how to:Talk to your child about money in general—and your money specifically Be sure your child doesn’t become spoiled Use an allowance to teach your child to use money responsibly Foster a philanthropic outlook in your child Define your family’s most important values and communicate them effectively Avoid your nightmare of an unmotivated, underachieving, materialistic child Also included are helpful checklists, self-tests, and Silver Nuggets—brief bits of wisdom and advice that you can quickly put to use. In an age of unprecedented wealth, unlimited credit, and rampant materialism, this practical, timely book can help you raise well-adjusted, emotionally and financially secure children.