Bobbi Rebell - Launching Financial Grownups

1 Cover

2 Title Page Launching Financial Grownups Live Your Richest Life by Helping Your (Almost) Adult Kids Become Everyday Money Smart BOBBI REBELL

3 Copyright

4 Dedication

5 Foreword

6 Preface

7 Introduction Notes

8 SECTION 1: Prerequisites CHAPTER 1: Orientation The COVID-19 Boomerang Stepping Up as Stakeholders It's Not Your Imagination: Things Have Changed The Xbox Doesn't Take Cash Incentives Matter The Big Picture Note CHAPTER 2: The Family Ecosystem The Grownup Mindset The Benefits of a Strategic Boost Notes CHAPTER 3: Blind Spots Stop Blaming the Kids for Your Money Mess Student Parent Loans Look in the Mirror Doing the Work Getting Real about Our Blind Spots Be Their Coach, not Their Teammate Notes

9 SECTION 2: Core Curriculum CHAPTER 4: D Is for Debt Priceless Education Is Expensive College Financial Aid: Make It about Them Make Sure They Are Doing the Math (Have a Budget) Don't Let Debt Be Their Dream Crusher Paying Down Debt Major Decisions College Alternatives Notes CHAPTER 5: Career Foundations Focus on Your Own Listening Skills Negotiation Skills Are Nonnegotiable Life Is Tough Enough – Make the Introductions (If You Can) Leveraging Skills Do the Math and Do the Budgets Living Their Best Life – Not Yours CHAPTER 6: Homeroom Let the Boomerang Begin Rules + Expectations = Launch There Has to Be a Timeline CHAPTER 7: (Lifestyle) Inflation Early Adulting with Money Adulting Milestones Are Expensive When and How to Step In Notes

10 SECTION 3: Graduate Studies CHAPTER 8: Exit Strategy: Getting Your Kids to Pay Their Own Bills Mixed Messages To Subsidize or Not to Subsidize? Get Everyone Onboard Note CHAPTER 9: Paycheck 101 They Got Paid! Helping Your Child Understand Their First Paycheck The Self-Employed Child CHAPTER 10: Jobs with Benefits Health Coverage Dental Coverage Vision Insurance Life Insurance Disability Insurance Mental Health Resources Health and Wellness Perks Commuter Benefits Legal Services Paid Time Off Education and Career Development Student Debt Repayment Coaching Emergency Childcare Product Discounts Donation Matching Pet Insurance Free Premium Event Tickets Retirement The DIY Benefits Plan Work Culture: Best Behavior and Making Good Choices Notes CHAPTER 11: Grownup Investing When and Exactly How? Brace Yourself Start with Goals Choosing the Right Buckets Who's Holding the Money? CHAPTER 12: Grownup Home Economics The Cost of Adulting Creating a (Paper) Trail Home Maintenance Pet Projects Living Their Best Life Note

11 SECTION 4: Electives CHAPTER 13: Generosity Helping Your Child Find Their Causes Religious Gifts Corporate Matching Donation Programs When Their Friends Ask Don't Forget the Tax Deduction CHAPTER 14: Driver's Ed Who Pays for What? Getting Ready for the Transaction The Case for Leasing Car Power Insurance Other Factors to Consider Are You Ready to Let Them Be Drivers? CHAPTER 15: Cultural Studies

12 SECTION 4: Exmissions CHAPTER 16: Til Death Do Us Part This Is Awkward You Don't Have to Bare All No Lottery Winners Extenuating Circumstances The Basics of Getting It Done Paying for It CHAPTER 17: Stepping Back: A Parental Pep Talk Celebrate Wins What's Your Financial Grownup Story? Cherish the Memories

13 Epilogue: My Advice for Financial Grownups By Ashley Jessica KaufmanMoney Tips for Young Adults Compare Prices Across Stores Split Up Costs with Friends Consider the Long Term Discounts Maximize Credit Card Offers and Join Loyalty Programs Buy Refurbished

14 Acknowledgments

15 About the Author

16 Index

17 End User License Agreement

1 Cover Page

2 Table of Contents

3 Title Page Launching Financial Grownups Live Your Richest Life by Helping Your (Almost) Adult Kids Become Everyday Money Smart BOBBI REBELL

4 Copyright

5 Dedication

6 Foreword

7 Preface

8 Begin Reading

9 Epilogue

10 Acknowledgments

11 About the Author

12 Index

13 End User License Agreement

1 i

2 ii

3 iii

4 vii

5 viii

6 ix

7 xi

8 xii

9 xiii

10 xiv

11 xv

12 1

13 2

14 3

15 4

16 5

17 6

18 7

19 9

20 11

21 12

22 13

23 14

24 15

25 16

26 17

27 18

28 19

29 20

30 21

31 22

32 23

33 24

34 25

35 26

36 27

37 28

38 29

39 31

40 32

41 33

42 34

43 35

44 36

45 37

46 38

47 39

48 40

49 41

50 42

51 43

52 45

53 46

54 47

55 48

56 49

57 50

58 51

59 52

60 53

61 54

62 55

63 56

64 57

65 58

66 59

67 60

68 61

69 62

70 63

71 64

72 65

73 66

74 67

75 69

76 70

77 71

78 72

79 73

80 74

81 75

82 76

83 77

84 78

85 79

86 80

87 81

88 83

89 85

90 86

91 87

92 88

93 89

94 90

95 91

96 92

97 93

98 94

99 95

100 97

101 98

102 99

103 100

104 101

105 102

106 103

107 104

108 105

109 106

110 107

111 108

112 109

113 110

114 111

115 112

116 113

117 114

118 115

119 116

120 117

121 118

122 119

123 120

124 121

125 122

126 123

127 124

128 125

129 126

130 127

131 128

132 129

133 130

134 131

135 132

136 133

137 134

138 135

139 136

140 137

141 138

142 139

143 140

144 141

145 142

146 143

147 144

148 145

149 146

150 147

151 149

152 151

153 152

154 153

155 154

156 155

157 156

158 157

159 158

160 159

161 160

162 161

163 162

164 163

165 164

166 165

167 166

168 167

169 168

170 169

171 171

172 173

173 174

174 175

175 176

176 177

177 178

178 179

179 180

180 181

181 182

182 183

183 184

184 185

185 186

186 187

187 188

188 189

189 190

190 191

191 192

192 193

193 194

194 195

195 196

196 199

197 200

198 201

199 203

200 204

201 205

202 206

203 207

204 208

205 209

BOBBI REBELL

Copyright © 2022 by Bobbi Rebell. All rights reserved.

Published by John Wiley & Sons, Inc., Hoboken, New Jersey.

Published simultaneously in Canada.

No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, scanning, or otherwise, except as permitted under Section 107 or 108 of the 1976 United States Copyright Act, without either the prior written permission of the Publisher, or authorization through payment of the appropriate per-copy fee to the Copyright Clearance Center, Inc., 222 Rosewood Drive, Danvers, MA 01923, (978) 750-8400, fax (978) 750-4470, or on the web at www.copyright.com. Requests to the Publisher for permission should be addressed to the Permissions Department, John Wiley & Sons, Inc., 111 River Street, Hoboken, NJ 07030, (201) 748-6011, fax (201) 748-6008, or online at http://www.wiley.com/go/permission.

Читать дальше