In the spirit of Wendy Mogel's The Blessing of a Skinned Knee and
Po Bronson and Ashley Merryman's Nurture Shock, New York Times
"Your Money" columnist Ron Lieber delivers a taboo-shattering
manifesto that explains how talking openly to children about money
can help parents raise modest, patient, grounded young adults who
are financially wise beyond their years. For Ron Lieber, a personal
finance columnist and father, good parenting means talking about
money with our kids. Children are hyper-aware of money, and they
have scores of questions about its nuances. But when parents shy
away from the topic, they lose a tremendous opportunity-not just to
model the basic financial behaviors that are increasingly important
for young adults but also to imprint lessons about what the family
truly values. Written in a warm, accessible voice, grounded in
real-world experience and stories from families with a range of
incomes, The Opposite of Spoiled is both a practical guidebook and
a values-based philosophy. The foundation of the book is a detailed
blueprint for the best ways to handle the basics: the tooth fairy,
allowance, chores, charity, saving, birthdays, holidays, cell
phones, checking accounts, clothing, cars, part-time jobs, and
college tuition. It identifies a set of traits and virtues that
embody the opposite of spoiled, and shares how to embrace the topic
of money to help parents raise kids who are more generous and less
materialistic. But The Opposite of Spoiled is also a promise to our
kids that we will make them better with money than we are. It is
for all of the parents who know that honest conversations about
money with their curious children can help them become more patient
and prudent, but who don't know how and when to start.
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