Wednesday, April 10, 2013

Advisors Help Clients with Parents Guide to Kids and Money

Financial Professionals Provide Valuable Resource to Families

"Parents want to provide the best for their children, but many are uncertain where to start or what to say when it comes to money."

DollarSmartKids Enterprises Inc., is pleased to announce a customizable version of the publication, The Parents Guide to Kids and Money: Tips for Helping Your Children Get Off to a Great Financial Start. Financial advisors, accountants, insurance agents, lawyers and other professionals who work with families on money related matters will use the educational piece. The guide provides financial professionals a resource that helps their clients discuss financial life skills with children and grandchildren.

"Parents want to provide the best for their children, but many are uncertain where to start or what to say when it comes to money," said Nancy Phillips, author of the guide, President of DollarSmartKids Enterprises Inc. and creator of the Zela Wela Kids financial storybook series. "The good news is that a few simple steps can make a real difference. The guide is designed to give parents a place to start and critical topics to discuss with their children in a simple, fun way. It allows the professional involved to provide a very valuable service and show they care about the entire family's wellbeing. I've spoken to a number of advisors and agents who are taking the guides into their children's schools to help parents in the community begin to feel comfortable discussing this important topic."

The short, succinct and highly visual color guide offers easy steps parents can take to help children, especially those between the ages of four and thirteen, begin to learn the essential financial building blocks they will need to live a bright and fulfilling future. Packed with helpful tips and suggestions on everything from allowances to the GISS Method™ of money management, a framework that helps children learn valuable hands-on wealth building habits. The Parents Guide to Kids and Money also outlines the most damaging mistakes parents should avoid when speaking to their children about money, how to teach key financial concepts simply during daily life, and the significant benefits the parents will experience as a result – including decreased stress. "The tips help children learn personal and financial responsibility in a fun way. They love feeling capable, and it helps prevent the attitude of entitlement and instead instills a feeling of self-worth and pride," says Phillips, the mother of two elementary school aged children.

The customization allows financial professionals to incorporate their logo, picture and a personalized note to clients.

Financial professionals and educators can order custom guides at: http://www.loringward.com/parents/docs/OrderForm_ParentsGuide_to_Kids.pdf