The MoneySmart Family System - Teaching Financial Independence to children of every age - Steve and Annette Economides

I am so blown away by this book – not only is it practical in terms of teaching children about money but it also encompasses other issues facing parents raising children with reasonable boundaries and responsibilities.  I really enjoyed the way this  book gets to the core of parenting children and teaching them sound (not only financial but life) principles.

The authors Steve and Annette Economides, know what they are talking about having raised five children to be moneysmart, they have produced this book having walked the walk, made some mistakes, found some solutions and come up with such a wonderfully practical guide to being money smart as adults and passing this one to our children. 

The book is broken down into 21 chapters which start off with a great rule to apply to the financial management of our children.  Then broken down into the various categories of giving, saving and spending, this book is packed with tips on how to apply the MoneySmart Family system.  It’s a great read and makes a lot of sense in raising smart, money savvy independent young children.  I just wish I had read this many years ago already.  Fabulous.

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