Miami, FL, March 14, 2011 --(PR.com
)-- Empower teenagers and young adults to thrive this Spring Break season, by nurturing, expanding, and reinforcing their financial literacy skills from Family & Money Matters: Life Lessons for the New Generation, authored by renowned Financial Planning Association (FPA®) of Miami-Dade President and Certified Financial Planner® professional Elaine King.
Recently highlighted on PBS, Joe Madison’s Sirius XM Radio Show, LITE 101.5 FM South Florida Spotlite, The Miami Herald’s Education Living & Learning Fall Edition, and Smart Money Magazine, Family & Money Matters encourages parents to play an exemplary role in engaging their children to build healthy money management virtues and responsible decision-making, ultimately preparing them to flourish as financially secure and independent adults.
During this Spring, parents also can take advantage of the tremendously resourceful Family & Money Matters to apply Spring Break exercises and money lessons to teach and cultivate impactful financial planning life skills in their teenage and college-age children.
For example, says King, “Strive to educate your children about the importance of setting aside savings to pay themselves first before paying expenses and impart invaluable teachings on the concept of debt by together reviewing a credit-card statement.” Aspiring to buck a recent revealing Sallie Mae Study trend illustrating the average college senior graduates with $4,100 of credit card debt, Family & Money Matters underscores the significance of teaching teenage kids early how to utilize credit cards wisely for purchases, and to conserve money monthly to attain reachable short-term and longer-term financial goals.
In addition, King recommends parents, “Embark on assisting your children to develop sound financial planning habits by collaborating with them on utilizing online resources and tools, such as Mint.com and National Endowment for Financial Education (NEFE) websites, to track expenses and help your children establish a Roth Individual Retirement Account (Roth IRA) to allow them to put away earned money for their nest egg.”
Exude the confidence necessary to follow-through on efforts to teach kids family financial literacy values and utilize Family & Money Matters as the copyright to ensure children have the insights and capabilities to become competent and money-savvy adults.
For more information about Family & Money Matters, go to author Elaine King’s website at http://www.elainekingcfp.com.
Family & Money Matters is available at Amazon, Kindle, and Books & Books.
About Family & Money Matters
Family & Money Matters: Life Lessons for the New Generation was written for teens and young adults. The goals of the book are to:
Teach readers how their family’s attitudes about money influence their own behavior.
Teach the basics of money management, including planning, savings, investing, sharing, and protecting money.
The book is filled with examples, stories, lessons, and exercises to illustrate and reinforce various concepts. It’s a fun and useful tool that relates to its audience.
Elaine is planning to publish a Spanish version of the book at the start of 2011.
About Elaine King, CFP®, CDFATM
Elaine King, creator of the Wealth and Well Being Institute in Coral Gables, Florida, is a Florida supreme court certified family mediator, A Certified Financial Planner® professional, and a Certified Divorce Financial AnalystTM. She is the President & Chairman of the Financial Planning Association of Miami-Dade, a member of the Certified Financial Planning Board of Standards Advisory Team, Board Member of Toastmasters International Miracle Mile Club, and a Board Member of the Family Collaborative Law Institute.
Before joining Gibraltar Private, Elaine worked as an advisor for the US division of the Royal Bank of Scotland, an $8 Billion Investment Advisory Service, where she managed, evaluated, and constructed client portfolios. In a similar role at Citigroup, Elaine served in Sales Management for TRAK, a $13 billion Investment Advisory Service.
Elaine grew up in Peru and has lived, worked, and studied in Austria, Canada, Japan, Mexico, and the United States. She received an MBA degree from Thunderbird, #1 Global MBA ranked by Financial Times. She completed her postgraduate program in Bowen family systems theory and its applications in Georgetown, Washington D.C. She has appeared on CBS, PBS, and Univision, and has been quoted by the Wall Street Journal, the Journal of Financial Planning, The Miami Herald, Miami Today, Sun Sentinel, Time Magazine, Smart Money Magazine, and other national news publications. Elaine also mentors children for Educate Tomorrow and supports CIMA, a shelter for homeless children in her native Peru.
Marilyn Fuentes, Family & Money Matters, Marketing Director,