The Secret Millionaire's Club » teach

Rich Dad Poor Dad: What the Rich Teach Their Kids About Money-That the Poor and the Middle Class Do Not!

admin — Wed, 14 Apr 2010 03:50:31 +0000


Personal finance author and lecturer Robert T. Kiyosaki developed his unique economic perspective from two very different influences - his two fathers. This text lays out Kiyosaki's philosophy and his relationship with money.

The High School Student’s Introduction to Financial Planning: What you need to know that they don’t teach you in high school

admin — Wed, 10 Mar 2010 04:08:13 +0000

This book presents a holistic approach to financial planning and addresses all of the major facets that affect an dult's financial status as they go through life. Beginning with how education and employment are major factors in generating the key ingredient in any financial plan, money. This book explains how wealth is accumulated and the various ways it is insured. It presents an overview of the major investment opportunities as well as an orientation on retirement planning and the importance of starting early. Finally, this book presents how the high school student can easily create their own financial plan by setting goals, developing strategies and monitoring their progress.

Using Deliberative Techniques to Teach Financial Literacy (Deliberating Across the Curriculum)

admin — Mon, 08 Mar 2010 15:55:38 +0000

You, Your Kids, Their Finances: Teach Your Children Finances

admin — Fri, 12 Feb 2010 03:25:33 +0000

The First National Bank of Dad: The Best Way to Teach Kids About Money

admin — Tue, 09 Feb 2010 23:39:47 +0000

Most parents do more harm than good when they try to teach their children about money. They make saving seem like a punishment, and force their children to view reckless spending as their only rational choice. To most kids, a savings account is just a black hole that swallows birthday checks. David Owen, a New Yorker staff writer and the father of two children, has devised a revolutionary new way to teach kids about money. In The First National Bank of Dad, he explains how he helped his own son and daughter become eager savers and rational spenders. He started by setting up a bank of his own at home and offering his young children an attractively high rate of return on any amount they chose to save. "If you hang on to some of your wealth instead of spending it immediately," he told them, "in a little while, you'll be able to double or even triple your allowance." A few years later, he started his own stock market and money-market fund for them. Most children already have a pretty good idea of how money works, Owen believes; that's why they are seldom interested in punitive savings schemes mandated by their parents. The first step in making children financially responsible, he writes, is to take advantage of human nature rather than ignoring it or futilely trying to change it. "My children are often quite irresponsible with my money, and why shouldn't they be?" he writes. "But they are extremely careful with their own." The First National Bank of Dad also explains how to give children real experience with all kinds of investments, how to foster their charitable instincts, how to make them more helpful around the house, how to set their allowances, and how to help them acquire a sense of value that goes far beyond money. He also describes at length what he feels is the best investment any parent can make for a child -- an idea that will surprise most readers.

Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money–That the Poor and Middle Class Do Not!

admin — Fri, 29 Jan 2010 07:46:07 +0000

Rich Dad, Poor Dad chronicles the story of the authors two dads, his own father, who wa the superintendent of education in Hawaii and who ended up dying penniless and his best friends father who dropped out of school at age 13 and went on to become one of the wealthiest men in Hawaii. Kiyosaki uses the story of these two men and their varying financial strategies to illustrate the need for a new financial paradigm in order to achieve financial success in the new millennium.