Raising Financially Confident Kids Essay

Mary Hunt, author of the book Raising Financially Confident Kids, is no stranger to the evils that come with debt and unwise spending. In her book, Mary Hunt strives to educate parents on how to show their children the proper way to manage money wisely and avoid the mistakes that they made with their finances. Raising Financially Confident Kids, provides those who read it with practical and even fun ways to get children involved in learning about money management and savings. We see what worked and didn’t work for the author to provide her two sons with the information needed to have a well-rounded understanding of money. Readers see that in order to raise financially confident children, kids must be educated on the basics of money such as

By giving them the decision to be responsible to the child, they will gain a sense of maturity and deeply ingrain the financial foundations into their lives. Another way that Hunt suggests that parents inform their children about finances is by teaching them how and when to save money. When children are taught that they can get what they want when they want it, it is difficult for them to develop a habit of saving money when they get older. In order to help children, learn how to save money parents should limit what their children get, the amount of television commercials that they view, and by suggesting cost free activities that they will enjoy just as much. If a parent helps their child understand how money truly works and why saving is important, the child will be far more corporative when it comes to encouraging savings. Above all, this book allows parents to see that their child is not too young to learn about finances, nor are money management concepts above their child’s head. By helping their child to understand real financial situations and concepts, they are setting their child up for a future of proper money