PARENTING

How a Mother Should Talk About Money with Her Daughter: A Step-by-Step Guide to Budgeting, Saving, Investing, and Other Important Lessons

by Aja McClanahan
Skyhorse. Mar. 2020. 216p. ISBN 9781621537427. $24.99. CHILD REARING
COPY ISBN
McClanahan (Manage Your Money To Become Debt Free) wrote this volume to start conversations about serious money issues that concern women. Women are behind men in crucial indicators such as net worth, saving balances, and financial literacy. McClanahan believes the reason is that women are afraid to talk about money, though women also face lower starting salaries and a persistent wage gap. Many parents may feel inadequate in their own money skills, yet want to help their children develop good habits around saving, spending, investing and more. Money management is a part of self-care, argues McClanahan, who here discusses such topics as how to pick the best college for both current financial state and future job prospects and how young people can discuss financial goals with a future life partner.
VERDICT Readers will be inspired by McClanahan’s own story and will here gain ideas for discussing the oft-taboo topic of money with their daughters.
Reviewed by Julia M. Reffner, North Chesterfield, VA , May 01, 2020
Comment Policy:
  • Be respectful, and do not attack the author, people mentioned in the article, or other commenters. Take on the idea, not the messenger.
  • Don't use obscene, profane, or vulgar language.
  • Stay on point. Comments that stray from the topic at hand may be deleted.
  • Comments may be republished in print, online, or other forms of media.
  • If you see something objectionable, please let us know. Once a comment has been flagged, a staff member will investigate.

RELATED 

NONFICTION

Newborn Handbook for New Dads: Expert Advice on How To Navigate Baby’s First Three Months
by Benaroch, Roy
NONFICTION

The Black Family’s Guide to College Admissions
by Fields, Timothy L. & Shereem Herndon-Brown
NONFICTION

Let’s Talk About Aging Parents: A Real-Life Guide to Solving Problems with 27 Essential Conversations
by Watts, Laura Tamblyn
NONFICTION

Parenting While Autistic: Raising Kids When You’re Neurodivergent
by Marsh, Wendela Whitcomb
NONFICTION

Everything No One Tells You About Parenting a Disabled Child: Your Guide to the Essential Systems, Services, and Supports
by Coleman, Kelley
NONFICTION

The Breakthrough Years: A New Scientific Framework for Raising Thriving Teens
by Galinsky, Ellen
More
ALREADY A SUBSCRIBER?

We are currently offering this content for free. Sign up now to activate your personal profile, where you can save articles for future viewing

ALREADY A SUBSCRIBER?