Finance
- Publisher : McGraw Hill; 1st edition
- Published : 10 May 2022
- Pages : 336
- ISBN-10 : 1264278497
- ISBN-13 : 9781264278497
- Language : English
Make Your Kids Millionaires: The Step-by-Step Guide to Lead Children to Financial Freedom
Vastly improve your child's potential for becoming a millionaire by building their financial foundation and literacy―starting at infancy
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 sections within each chapter covering different financial topics. Age-specific topics and lessons include:
Establishing Money GoalsSetting Up a Bank AccountInterest Makes Your Money Work for YouSupply and DemandAssets Versus LiabilitiesGood Debt Versus Bad DebtChallenging Our Comfort ZonesBalance Sheets and Income StatementsBuying a CarInsuranceStarting a BusinessStudent Loans
You'll learn how to set your children up for success through the use of Roth IRAs, savings accounts, tax-advantaged college savings accounts, 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.
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 sections within each chapter covering different financial topics. Age-specific topics and lessons include:
Establishing Money GoalsSetting Up a Bank AccountInterest Makes Your Money Work for YouSupply and DemandAssets Versus LiabilitiesGood Debt Versus Bad DebtChallenging Our Comfort ZonesBalance Sheets and Income StatementsBuying a CarInsuranceStarting a BusinessStudent Loans
You'll learn how to set your children up for success through the use of Roth IRAs, savings accounts, tax-advantaged college savings accounts, 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.
Editorial Reviews
"Finally there is a step-by-step guide for parents looking to teach their kids the right lessons about money! This book teaches parents the way to help children understand the power of money and how to develop a lifestyle around it. I highly recommend this book to ANYONE looking to educate their children about money!"
Barry Habib - CEO MBS Highway, Amazon #1 Best Selling Author of "Money In The Streets"
"This is an amazing book! Fully 87% of millionaires started with nothing and became wealthy in one generation. This book shows your children, starting today, how to become rich, faster than they ever thought possible."
Brian Tracy - Speaker, Consultant, Best Selling Author of "21 Success Secrets of Self Made Millionaires."
"Let's be honest: most parents are never given the insight into how to teach their children about money. Most of the time, their parents weren't given it either! This book provides badly needed guidance that parents can take to help their kids get the education about financial freedom they need to hear."
Scott Donnell - Founder, Apex Leadership Co. and the GravyStack banking app for families.
"Today, more than ever, parents and families need to know WHAT and HOW to teach their kids about money! We need to better prepare our children to be financially thoughtful and prepared young adults. This book is full of real world examples and ideas parents can use right away." Chad Willardson - President and Founder, Pacific Capital, Author of Amazon #1 Best Sellers Smart, Not Spoiled and Stress Free Money
"As a serial entrepreneur and investor, I know the importance of process and laying out a plan for creating success. What Loral and Kyle have created with Make Your Kids Millionaires is the ideal blueprint for teaching kids about money and being realistic about the results. This book is a must read for anyone who wants to learn about money AND teach their children the right lessons at the same time."
Kevin Harrington - Original Shark from Shark Tank, Pioneer of the AsSeenOnTV industry
"Loral Langemeier has done it again! She and Kyle have written a much-needed book about creating millionaires, but this time it's about the most significant group of people on earth: our kids. Our children are the future and the seeds we invest in them now determine their path as adults as well as the planet. I highly recommend this work that Loral is doing; she has my heartfelt support. Engage with her and let's change and create a massive future for our kids!"
Pat Mesiti
Barry Habib - CEO MBS Highway, Amazon #1 Best Selling Author of "Money In The Streets"
"This is an amazing book! Fully 87% of millionaires started with nothing and became wealthy in one generation. This book shows your children, starting today, how to become rich, faster than they ever thought possible."
Brian Tracy - Speaker, Consultant, Best Selling Author of "21 Success Secrets of Self Made Millionaires."
"Let's be honest: most parents are never given the insight into how to teach their children about money. Most of the time, their parents weren't given it either! This book provides badly needed guidance that parents can take to help their kids get the education about financial freedom they need to hear."
Scott Donnell - Founder, Apex Leadership Co. and the GravyStack banking app for families.
"Today, more than ever, parents and families need to know WHAT and HOW to teach their kids about money! We need to better prepare our children to be financially thoughtful and prepared young adults. This book is full of real world examples and ideas parents can use right away." Chad Willardson - President and Founder, Pacific Capital, Author of Amazon #1 Best Sellers Smart, Not Spoiled and Stress Free Money
"As a serial entrepreneur and investor, I know the importance of process and laying out a plan for creating success. What Loral and Kyle have created with Make Your Kids Millionaires is the ideal blueprint for teaching kids about money and being realistic about the results. This book is a must read for anyone who wants to learn about money AND teach their children the right lessons at the same time."
Kevin Harrington - Original Shark from Shark Tank, Pioneer of the AsSeenOnTV industry
"Loral Langemeier has done it again! She and Kyle have written a much-needed book about creating millionaires, but this time it's about the most significant group of people on earth: our kids. Our children are the future and the seeds we invest in them now determine their path as adults as well as the planet. I highly recommend this work that Loral is doing; she has my heartfelt support. Engage with her and let's change and create a massive future for our kids!"
Pat Mesiti