While saving money was once considered to be a virtue, it is now widely
considered to be the worst possible form of financial investment. With most savings accounts offering around 3 to 4% nominal interest, real earnings per annum just barely outpace inflation.
Bowie, MD (PRWEB) November 14, 2006 -- If you don't want to simply teach your children to make money and then "put it in the bank," you may want to consider the form of education that has become quite popular in recent years: financial literacy. This includes training your child to understand what money is, how to obtain and reliably invest it to ensure that they earn a regular return and remain financially solvent.
While there are many intermediate and advanced books on this topic, there are very few that cater to younger crowds, including elementary school students, even though this is important, since many children begin working when they are teenagers.
Author, financial expert, and real estate investor Jewell Thornton has created the perfect solution for parents looking to give their children an early education in finance: "A Kids Journey to Getting Rich."http://www.akidsjourney.com
The storyline is about a young boy who aspires to be rich, but must prepare himself and his future. The boy learns that school and education are necessary for attaining wealth.
The 35-page book, which includes colorful pictures, a test, and a glossary, will teach children of all ages the basics of a financial statement; the principles of income, expense, liabilities, and assets; and potential vehicles they can use for real estate investment.
Additionally, Thornton's book urges children to be responsible with money to save, so they can invest, rather than spending money on "doodles," such as expensive games, toys, and cars. "Those who learn good money management skills early are more likely to become adults who can make sound financial decisions in the future," Thornton says. "I'm asking parents to give their children a financial head start in life."
Thornton has worked with and tutored kids in finance and money management for the past 20 years. She has worked in the Government sector for the past 18 years, 13 of which as a Financial Analyst. "I own investment real estate property and frequently talk to kids about their financial future and how important it is to own real estate."
Phyllis Harrion, a third grade teacher from Washington, D.C. purchased the book for her entire third grade class. "The students picked up many of the money management concepts quickly and easily. They love the financial terms and definitions made just for kids as well as the financial workbook."
If you want your child to be financially literate, you can check out Thornton's website at http://www.akidsjourney.com
Contact:
Jewell Thornton,
http://www.akidsjourney.com
1-800-657-5066.
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