Smart Money, Smart Kids, by Dave Ramsey and Rachel Cruze

  

   Smart Money, Smart Kids is well worth the read, no pun intended. Speaking as an educator with an undergrad degree in business administration/accounting, I think this book is excellent on two fronts.  First, I think the authors' program for teaching children financial responsibility is both sound and practical.  Second, a parent who follows even half the precepts in this book will be doing a good job of parenting in general.

     The bulk of the book is written by Rachel Cruze, Dave Ramsey's daughter.  She's devoted her career to teaching young people how to prevent financial catastrophe before it happens.  The program she sets forth in this book is basically how she was raised.  She starts with a plan to teach children as young as three how to both earn and save their money.  As the book progresses, the program becomes more involved to allow for older children and teenagers.  But at every level, it is age appropriate and will give your children the gift of financial security.

     Out of the many parenting books I've read, this book has been the best by far in terms of teaching children a good work ethic and responsible living.  The fact that this happens through learning how to manage money is really just a bonus.  I highly recommend this book to anyone with children of any age.

Disclaimer:  I was provided a copy of this book by the publisher in exchange for an honest review.

Five out of Five Stars