A Parent's Guide to Money: Raising Financially Savvy Children

The collegiate class of 2002 that is just entering the job market carries the highest level of student and credit-card debt ever, even considering inflation.

This rising level of debt by our youth has been an historical trend. Today's children can have a greater respect for money, they can learn to appreciate the value of handling it responsibly, and they can gain the knowledge and skills to know what they need and use it as needed, earn what they need through work and investment, and use some to help those less fortunate.

That's a tall order, but financial writer Alan Feigenbaum's book is up to the challenge.

Alan shows how to view children's financial development the same way a parent might view their growth stages - the financial equivalents of, crawling, standing, then walking. Picture book to checkbook, car seat to buying a car, and from safe plastic toys to the safe use of credit-card plastic, A Parent's Guide to Money leads parents through the necessary baby steps on the road to family financial success.

Alan Feigenbaum is a Certified Financial Planner(tm) who writes full time about personal finance for a variety of print and web-based publications. His first book, Alpha Teach Yourself Retirement Planning in 24 Hours, was published by Macmillan in September 2001. His other credits include regular columns or frequent features for Bloomberg Wealth Manager, CBS MarketWatch, Worth Interactive, Raleigh News & Observer, Financial Web (Stock Detective), Raging Bull, and Chapel Hill News.