Smart money smart kids : raising the next generation to win with money

Title:

Author:

Summary:

"Dave Ramsey and Rachel Cruze teach parents how to raise money-smart kids in a debt-filled world.In Smart Money Smart Kids, financial expert and best-selling author Dave Ramsey and his daughter Rachel Cruze equip parents to teach their children how to win with money. Starting with the basics like working, spending, saving, and giving, and moving into more challenging issues like avoiding debt for life, paying cash for college, and battling discontentment, Dave and Rachel present a no-nonsense, common-sense approach for changing your family tree."-- Provided by publisher.

Physical Description:

xiv, 251 pages ; 24 cm

Subject Term:

Children -- Finance, Personal.

Finance, Personal.

Author(s):

Cruze, Rachel,

Publisher:

Lampo Press,

Publication Date:

2014

ISBN:

9781937077631

Publication Information:

Brentwood, Tennessee : Lampo Press, [2014]

Call Number:

332.024 RAMSEY

Holds: Copies:

Available:*

Item Barcode	Collection	Call Number	Status	Item Holds
33607003027557	Adult Nonfiction	332.024 RAMSEY	Searching... Unknown	Searching... Unavailable

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Summary

In Smart Money Smart Kids, financial expert and best-selling author Dave Ramsey and his daughter Rachel Cruze equip parents to teach their children how to win with money.

Starting with the basics like working, spending, saving, and giving, and moving into more challenging issues like avoiding debt for life, paying cash for college, and battling discontentment, Dave and Rachel present a no-nonsense, common-sense approach for changing your family tree.

With practical strategies for teens and toddlers, alike, Smart Money Smart Kids goes beyond simply telling you how to teach kids about money and shows Yo what you must teach them these lessons today!

Author Notes

Dave Ramsey was born in Antioch, Tennessee on September 3, 1960. He graduated from the College of Business Administration at the University of Tennessee, Knoxville in 1982. By the time he was 26, he had a net worth of a little over a million dollars and was making $250,000 a year. When the Tax Reform Act of 1986 began to have a negative impact on the real estate business, he was forced to file for bankruptcy relief. After losing everything, he went on a quest to find out how money really works, how to get control of it and how to have confidence in handling it.

In 1992, he formed The Lampo Group to counsel individuals hurting from the results of financial stress. He wrote the book, Financial Peace, and started a local radio call-in show called The Money Game, now nationally syndicated as The Dave Ramsey Show. His other books include The Money Answer Book: Quick Answers to Everyday Financial Questions, The Total Money Makeover: A Proven Plan for Financial Fitness, Smart Money Smart Kids: Raising the Next Generation to Win with Money, and The Legacy Journey: A Radiacal View of Biblical Wealth and Generosity. He also writes children's books dealing with finance including Careless at the Carnival: Junior Discovers Spending, The Big Birthday Surprise: Junior Discovers Giving, My Fantastic Fieldtrip: Junior Discovers Saving, and Battle of the Chores: Junior Discovers Debt.

(Bowker Author Biography)

Reviews (1)

Publisher's Weekly Review

Radio host and financial expert Ramsey (The Total Money Makeover) teams up with his daughter, Rachel, in this guide to raising financially savvy kids, using "practical, tactical, spiritual and strategic principles." Ramsey explains how he bankrupted his family in his 20s and then went on to become an expert, espousing debt-free living and teaching his three children how to become financially responsible. Though Ramsey weighs in frequently, most of the text is provided by Cruze, who details what it was like growing up Ramsey: for example, at age 16, she had saved $8,000, which her parents matched for her first car. The authors advise using the "envelope system" to teach kids money management (spend, save, and give) and emphasize teaching them that money has limits ("when it's gone it's gone"). But the authors also warn against rigidity; for instance, a parent who won't cover the tax when a child has saved for a $300 purchase takes things too far. The authors' "five foundations" include teaching kids to (1) establish a $500 emergency fund; (2) live without debt; (3) pay cash for a car; (4) pay cash for college; and (5) build wealth and give. Though biblical references are interspersed, parents of all faiths will benefit from this sound guide. (Apr.) (c) Copyright PWxyz, LLC. All rights reserved.

Introduction	p. 1
Chapter 1 I Was That Little Girl...	p. 7
Chapter 2 Work: It's NOT a Four-Letter Word	p. 17
Chapter 3 Spend: When It's Gone, It's Gone	p. 41
Chapter 4 Save: Wait for It	p. 59
Chapter 5 Give: It's Not Yours Anyway	p. 81
Chapter 6 Budgeting: Tell It What to Do	p. 101
Chapter 7 Debt: It IS a Four-Letter Word	p. 129
Chapter 8 College: Don't Graduate from I.O.U.	p. 151
Chapter 9 Contentment: The War for Your Child's Heart	p. 179
Chapter 10 Family: Put the FUN in Dysfunctional	p. 201
Chapter 11 Generational Handoff: Blessings or Curses	p. 227
Chapter 12 I Was That Dad...	p. 245
Notes	p. 249
Student Budget and Upcoming Expenses	p. 252

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Bound With These Titles

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Summary

Summary

Author Notes

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Publisher's Weekly Review

Table of Contents