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The Pocket Money Plan: A Practical Guide to Teaching Children about Money: Three Easy Steps to Help Children Learn About Money
 
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The Pocket Money Plan: A Practical Guide to Teaching Children about Money: Three Easy Steps to Help Children Learn About Money [Paperback]

Julie Hedge
3.9 out of 5 stars  See all reviews (18 customer reviews)
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Product details

  • Paperback: 240 pages
  • Publisher: Ovolo Books Ltd (31 Mar 2009)
  • Language English
  • ISBN-10: 1905959036
  • ISBN-13: 978-1905959037
  • Product Dimensions: 20 x 14.4 x 2 cm
  • Average Customer Review: 3.9 out of 5 stars  See all reviews (18 customer reviews)
  • Amazon Bestsellers Rank: 151,238 in Books (See Top 100 in Books)

More About the Author

Julie Hedge
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Product Description

Product Description

Helping their children learn about money is a key concern for many parents. This work introduces parents, carer and teachers to various financial concepts. It intends to help children recognise that money usually has to be earned and that saving can bring real rewards - such as being able to buy things they really want. Written in a no nonsense manner, the book introduces financial concepts in a way that will help both adult reader and their children. Working with the Plan, children are helped to recognise that money usually has to be earned and that saving can bring real rewards - such as being able to buy things they really want! With a surge in Children's Trust Funds and with increasing financial pressures on teenagers and young adults the information in, this book is an essential for caring parents who recognise that learing about money needs to start early!

About the Author

Julie Hedge trained as a lawyer before building her own Financial Services company. She writes for magazines and is a contributor to Radio Four's Moneybox programme. She has a young familly and lives near London.

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Customer Reviews

18 Reviews
5 star:
 (5)
4 star:
 (9)
3 star:
 (3)
2 star:    (0)
1 star:
 (1)
 
 
 
 
 
Average Customer Review
3.9 out of 5 stars (18 customer reviews)
 
 
 
 
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Most Helpful Customer Reviews

8 of 8 people found the following review helpful:
4.0 out of 5 stars An excellent finance guide - not just for the kids, 27 Nov 2009
By 
Jl Adcock "John Adcock" (Ashtead UK) - See all my reviews
(VINE VOICE)    (TOP 1000 REVIEWER)    (REAL NAME)   
This review is from: The Pocket Money Plan: A Practical Guide to Teaching Children about Money: Three Easy Steps to Help Children Learn About Money (Paperback)
The Pocket Money Plan is a great book on how to get your finances in order. Even though it's aimed primarily at helping children of all ages to understand the value of money through the pocket money they receive, it serves a wider purpose as a general primer in sound financial management.

Easy to read and work through, I used the ideas in this book with my daughter, and it really made us both think about the concept of money, the value of it, and how we use it. There are some excellent suggestions contained in the book on how to reward children in money terms for behaviours and activities done around the home, and the idea of breaking pocket money down into 3 categories: 1) give away, 2) save, 3) spend, it also food for thought.

Perhaps best of all, I like the message that this book gives about money. Other things are important in life beyond money - cash should after all be an enabler of other worthwhile activities, so starting young in this way is a good approach. With children coming under increasing pressure to have more and more stuff, and own it without really thinking through the consequences of rash expenditure, there's never been a better time to teach good financial skills to our young people - and this book proves that it doesn't have to be boring or preachy stuff.

With the country reeling under the weight of debt, and with the economy in a time of turmoil, it's a shame that more adults - and especially those working in the finance sector - weren't primed on some of the themes in this book. If they had, it's possible we wouldn't be quite in the mess we are now. Julie Hedge has produced a timely and thoroughly worthwhile and accessible book here that should be required reading in the school curriculum. Recommended unreservedly!
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2 of 2 people found the following review helpful:
4.0 out of 5 stars Great for adults and kids to read, 25 Feb 2010
By 
Fiona Mccaw "cookiemum" (Edinburgh) - See all my reviews
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This review is from: The Pocket Money Plan: A Practical Guide to Teaching Children about Money: Three Easy Steps to Help Children Learn About Money (Paperback)
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I started to read this book, and thought it made a lot of sense in its advice to help children be responsible with money. I'd read about a third of the book before my eldest became curious and picked it up to read for herself. Within a couple of days she'd read it cover to cover, and then started saving in a way she never had before! She's always been the kind of child who had to spend her money as soon as she got it, on plastic toys and girly magazines and nonsense. After reading this, she decided to save up for a hamster, and over the next few months she did exactly that, spending sensibly and saving the vast majority of her money. She now has a cute fat hamster, a very snazzy cage for it, and a much better approach to looking after money!
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1 of 1 people found the following review helpful:
4.0 out of 5 stars Important lessons in a palatable form, 17 July 2010
By 
Ray Blake (Hemel Hempstead, UK) - See all my reviews
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This review is from: The Pocket Money Plan: A Practical Guide to Teaching Children about Money: Three Easy Steps to Help Children Learn About Money (Paperback)
Customer review from the Amazon Vine™ Programme (What's this?)
This is a fairly straightforward read for adults and older kids. The subject matter is topical and there are few parents who won't pick up valuable tips for dealing with their own finances. What is particularly useful is that in places the advice is differntiated for different age groups, so this genuinely does address the needs of all from 5 to 15.
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