Amherst, MA (Vocus/PRWEB) February 18, 2011
A new totally free on-line portal, Wealth Resources, provides links to many tools that can assist parents who want to much better prepare their young children for any economic scenario they may encounter in the future.
Produced by Jayne Pearl and Richard Morris, co-authors of Children, Wealth, and Consequences: Ensuring a Responsible Economic Future for the Subsequent Generation (Bloomberg, a Wiley imprint, February 2010), the Wealth Resources page includes links to dozens of articles, statistics, provocative blogs websites, networking organizations, money games, calculators and events, all of which focus on wealth, monetary parenting, investing, and estate planning.
“Even as the economy begins to show signs of life, parents remain worried about the several challenges their families face with the sluggish job marketplace, rising expense of food, gas and tuition, an increasing personal bankruptcy rate, and whip-speed pace of technologies modifications that make items obsolete virtually instantly,” say Pearl and Morris. “More than at any time in recent history, parents are recognizing the crucial require for them to teach their kids monetary expertise, discipline and values they will require to navigate the uncertain times ahead.”
The authors clarify, “Since we began the study that turned into our book, we stumbled upon many terrific resources about wealth. We continue to refer to these resources to preserve up with new events, proposed legislation, statistics, trends and social and financial developments that impact wealth. Now we have identified a way to share those resources with parents and their advisors on the ‘Wealth Resources’ page of our site.”
Children, Wealth, and Consequences helps affluent parents and their advisors recognize how affluence affects children’s future good results, happiness and motivation. The book explores everything from how and when parents ought to speak to their young children about the often-uncomfortable topic of money to what affluent families can understand from the economic meltdown about spending, saving and investing to assist them much better prepare themselves and their kids to survive in any financial environment.
Jayne Pearl is a journalist and entertaining speaker, focusing on family members enterprise and monetary parenting. She is author Kids and Income: Giving Them the Savvy to Succeed Financially (Bloomberg Press) and has co-authored or ghost-written ten other books. Jayne began her career at Forbes and was former senior editor of Household Company magazine, to which she has contributed for 20 years.
Richard Morris is an adjunct professor at the Lake Forest Graduate School of Management and is principal of Chicago-based ROI Consulting, helping family owners expand and pass down their business to subsequent generations. Previously, he worked at his family’s 80-year-old privately held business, Fel-Pro Incorporated, managing Advertising and marketing and then Acquisitions, and serving on the Board of Directors until its sale in 1998.
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