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Hunt, M


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About the Author

Mary Hunt is founder and publisher of Debt-Proof Living(R), which has 35,000 print subscribers. Her books have sold more than a million copies, she is the financial columnist for Woman's Day magazine, and her daily newspaper column is syndicated through United Features. Hunt speaks on personal finance and has appeared on shows such as Oprah, Good Morning America, Dr. Phil, and Focus on the Family.


Hunt (Debt-Proof Living; 7 Money Rules for Life), who lived through her own self-inflicted financial crisis, shares with readers how to raise kids with rich financial literacy and a debt-free lifestyle, sans a sense of entitlement. She outlines how to put children on a salary at the age of ten, arguing that as long as funds-on-demand are parental, there is no limit and no apparent end to resources. Depending on their age, kids are then responsible for their budget spanning over a month, be it for video games, hot lunches at school, or gifts for birthday parties. Some might find her "citations" and "no loans" system a bit rigid, but her school of hard knocks is sure to teach valuable, long-lasting lessons. Mid-text she delves into the slimy details of the advertising industry, which gets boring, but her sharp, clever style is generally pleasing-"A bank credit card is available to most anyone who has two things: an ID and a pulse." VERDICT While the first few months on Hunt's financial plan might feel like sailing on choppy waters, diligent parents will avoid the long-term toxic blend of entitlement and consumer debt, never mind the epic battles and drama as a result of needing the latest gizmo or gadget. Highly recommended for public libraries, parents, and kids across America. (c) Copyright 2013. Library Journals LLC, a wholly owned subsidiary of Media Source, Inc. No redistribution permitted.

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