by Ron Lieber (Get the Book)Next to discussions about sex and drugs, talk about money is probably the hardest for parents to have with their children. Lieber, “Your Money” columnist with the New York Times, answers sticky questions about matters ranging from allowances to student loan debt to deeper concerns about how to know when one’s children are too obsessed with money and material things. Delving into behavioral economics, Lieber advises parents to take into account the emotional aspects of money, including the role of social media in churning desires to spend. He also tackles worries about downward mobility and how to prepare children for future prospects that may not be as secure as their parents’. Through stories of families from varied geographical locales and economic classes, Lieber focuses on values and virtues to encourage in children to ensure they will not be spoiled, including generosity, patience, and perseverance. Using those virtues, Lieber guides parents in conveying the value and significance of money and how to use it wisely, how to spend and save, how to give and invest. Parents will appreciate the sound advice and broad perspective Lieber offers on this important subject. --Booklist
