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11 year old dd has booknapped The Money Diet (1st book)

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Eldest dd (aged 11) is currently working her way through the first book as part of her "Finance" work that she's set herself (she's home ed btw). She's got a file full of notes and is using the advice and information as a basis to making her own research on banking, savings, shopping etc etc.

She even changed her bank account a few weeks back as she researched the differing interest rates and found out she could be earning 0.5% more by changing accounts. She opened the new account, transferred much of her money over, but she also decided to leave the old account open in case "they get any better for me".

She's an MSE in the making (and has expressed an interest in journalism as a career too - so watch out Martin - any tips for her btw?!) so will hopefully be more savvy as she gets older than I was growing up.

Can't wait for the new book - bet we'll be arguing over who gets to read it first!

Lotta
"One hundred years from now, it will not matter what my bank account was, how big my house was, or what kind of car I drove. But the world may be a little better, because I was important in the life of a child."

Comments

  • Rikki
    Rikki Posts: 21,625 Forumite
    Congratulations Lotta.
    Buy the time she becomes an adult of 18 she will very on the ball and astute. Be proud!

    I encourage my two to take an active interest in their money and savings, Hope it works.
    £2 Coins Savings Club 2012 is £4 :).............................NCFC member No: 00005.........

    ......................................................................TCNC member No: 00008
    NPFM 21
  • System
    System Posts: 178,351 Community Admin
    10,000 Posts Photogenic Name Dropper
    My three eldest kids are typical spendthrifts. They are each having a copy of it for christmas in the remote hope they will benefit from it.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • Rikki
    Rikki Posts: 21,625 Forumite
    Judi wrote:
    My three eldest kids are typical spendthrifts. They are each having a copy of it for christmas in the remote hope they will benefit from it.
    Thats a good idea I hadn't thought about giving it as a present. Iknow a few people who would benifit from it. :T
    £2 Coins Savings Club 2012 is £4 :).............................NCFC member No: 00005.........

    ......................................................................TCNC member No: 00008
    NPFM 21
  • Judi wrote:
    My three eldest kids are typical spendthrifts. They are each having a copy of it for christmas in the remote hope they will benefit from it.

    It would have been more thrifty to buy one copy and let them share it!!!!!
    I have had brain surgery - sorry if I am a little confused sometimes ;)
  • Rikki
    Rikki Posts: 21,625 Forumite
    It would have been more thrifty to buy one copy and let them share it!!!!!
    :rotfl: :rotfl: :rotfl:
    £2 Coins Savings Club 2012 is £4 :).............................NCFC member No: 00005.........

    ......................................................................TCNC member No: 00008
    NPFM 21
  • Bendybops19
    Bendybops19 Posts: 11,212 Forumite
    Wow! I am really impressed Lolla Littlies! I really wish i had been taught about my finances when i was younger, i still dont understand a lot of it now!!
    :starmod: :staradmin :starmod:
    I gave up jogging for my health when my thighs kept rubbing together and setting fire to my knickers
    :starmod: :staradmin :starmod:
  • Wow! I am really impressed Lolla Littlies! I really wish i had been taught about my finances when i was younger, i still dont understand a lot of it now!!

    You're not the only one! But I have heard about a site where some bloke explains quite a bit about money ... oooh what's it called again...? :rolleyes: ;)

    Lotta
    "One hundred years from now, it will not matter what my bank account was, how big my house was, or what kind of car I drove. But the world may be a little better, because I was important in the life of a child."
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