Make Your Kids Millionaires: The Step-By-Step Guide to Lead Children to Financial Freedom

By Kyle Boeckman and Loral Langemeier

Book Overview

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.

• Format: Hardcover
• Language: English
• ISBN: 1264278497
• ISBN13: 9781264278497
• Release Date: May 2022
• Publisher: McGraw-Hill Companies
• Length: 336 Pages
• Weight: 1.23 lbs.
• Dimensions: 1.2" x 6.3" x 9.3"