Make Your Kid a Money Genius (even if you're not)

Your Kid's Basic Money Habits Are Formed by the Age of Seven.

That's right. Seven. Fortunately, Make Your Kid a Money Genius (Even if You're Not) is a jargon-free, step-by-step guide full of surprising, counterintuitive advice to help parents teach children (from ages 3 to 23) money smarts. You will learn:

• Caving to your preschooler's demands in the checkout line may lead to greater credit card debt for him as an adult.
• Paying for household chores (or good grades) is the wrong way to motivate your kid.
• Giving allowance may actually reduce your child's financial know-how.
• Talking about college costs in ninth grade isn't too early.
• Letting your adult kid move back home makes sense—so long as you both sign off on a plan.

It turns out you don't need to be a money genius to make your kid a money genius.