AUTHOR:

Nathan Dungan (Share Save Spend, 2010)

REVIEWER:

Ben Clark

BOOK LINK: https://goo.gl/RSRT2C

REVIEW:

Many parents have a difficult time talking with their children about money, either because they don’t know how to start, or don’t know what to say. Unfortunately, when parents don’t want to convey dollar amounts, they neglect to communicate about money-related issues at all and loose the opportunity to teach their children valuable lessons about saving, spending and giving as well. At 21/64, we’ve seen families who struggle with how to raise charitable children, as they don’t want discussions of wealth to corrupt. From our experience, we’ve learned that discussing money, values around resources, and how you make decisions about how to save, spend and give are critically important.

Because of this, we’re recommending Nathan Dungan’s Money Sanity Solutions this month and hope you’ll find this workbook will provide a platform for family dialogue about pertinent money issues, helping individuals, and youth in particular, create values-oriented plans of action for their money. A self-proclaimed ‘interactive guide,’ Money Sanity Solutions comes with a DVD and is organized around important money topics coupled with case studies and exercises that help the reader clarify each topic for themselves. Each chapter has a ‘learning point’ and the interactive nature is engaging. The first part of the guide seeks to explore money fundamentals, including understanding one’s own ‘money temperament,’ distinguishing between needs and wants, and budgeting basics. The second part is organized around different solutions to common money problems, such as peer pressure, consumer conscience, vacations, and saving.

Reviewed by Ben Clark, MPA, 2011 intern at 21/64