The Opposite of Spoiled

Ron Lieber, a personal finance columnist for The New York Times and a father, argues that parents should talk with their children about money far more often, since children are hyperaware of it and full of questions. Drawing on stories from families across a range of incomes, he covers the practical questions, from the tooth fairy, allowance and chores to charity, saving, holidays, phones, cars, part-time jobs and college costs. He also names virtues he wants parents to pass on, including patience, modesty, perspective and generosity, and ties money conversations to what a family values most. The guide is written for parents, and it was a New York Times bestseller.

It is on Ramit Sethi's list of 50 books he recommends.