Publisher's Synopsis
It's never too early to get your kids on track to financial freedom!
National bestselling author Loral Langemeier and coauthor Kyle Boeckman have been proving for years that it's possible to raise kids who are smart about money-and that ultimate success is practically guaranteed if it's done thoughtfully and consistently.
Make Your Kids Millionaires lays out the authors' winning approach in an engaging and hands-on way.
You'll learn how to foster in your children a foundation of financial curiosity and create a family culture where everyone is comfortable with the topic of money. Packed with activities, exercises, and guided conversations tailored to specific age brackets from birth to 18+, this unique resource is organized into two parts: Part one helps you build this financial knowledge you need to teach your kids the basics; part two is broken down into chapters that are age-based, with specific sections within each chapter covering specific topics. Age-specific topics and lessons include:
Delayed Gratification
Establishing Money Goals
Setting Up a Bank Account
Interest Makes Your Money Work for You
Supply and Demand
Assets Versus Liabilities
Good Debt Vs Bad Debt
Challenging Our Comfort Zones
Balance Sheets and Income Statements
Buying a Car
Insurance
Starting a Business
Student Loans
You'll learn how to set you children up for success through the use of Roth IRAs, savings accounts, tax-advantaged college savings account, and trusts. Make Your Kids Millionaires delivers the information, insights, and tools for teaching your children to be financially literate, for driving a lifetime of financial learning, and for accelerating your child's flight to financial freedom.