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Not Buying It

Stop Overspending and Start Raising Happier, Healthier, More Successful Kids

ebook
1 of 1 copy available
1 of 1 copy available

Most parents will do just about anything to secure happy lives and bright futures for their kids. Add in competition with other parents and near-constant pressure, their drive to give their kids the best of everything can backfire, setting back the child and the household finances. 

Brett Graff, "The Home Economist," exposes how overspending can harm children by setting back intellect and encouraging narcissism, depression and unhealthy or unsafe habits. By unearthing research on pricey baby gear, oversized houses, so-called "educational" toys and after-school lessons, expensive sports equipment and private coaching, even certain organic products and unregulated "natural" medicines—she even has eye-opening findings on private schools versus public schools—Graff proves that we can spend too much getting our kids ahead and wind up instead setting them back. 

Not Buying It proves that sound, rational decision-making about spending is far more beneficial for our kids than purchases made out of fear, pressure and confusion. With Graff's guidance, you'll confidently create the financial strategy that's best for your family, not the one pushed by marketers or practiced by your neighbors. Not Buying It is your blueprint for emotional and financial freedom, and the stability your children deserve. 

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    • Booklist

      March 15, 2016
      It was easier to be a parent back in the good old days. Dad's salary provided all a family could need, so Mom could stay at home to properly raise the kids! A look at inflation and general economics shows that it now takes two incomes to replicate the one it took just a few decades ago, but Graff insists that there are plenty of unnecessary expenses that parents saddle themselves with. The aim of this book is to point out what can be skipped and to illustrate how much money could be made if the savings were invested instead. The advice isn't always practicalchoosing a home that saves you money on a commute might leave you in a bad school district (though, in the following chapter, she advises choosing public school over private), and some of the savings seem inflated (not many parents spend $5,000 on video equipment to film audition tapes). But, overall, this is a solid guide that will appeal to modern parents looking for guidance on navigating our material world.(Reprinted with permission of Booklist, copyright 2016, American Library Association.)

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  • English

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