Young Bucks: How to Raise a Future Millionaire

By Troy Dunn

Book Overview

Young Bucks: How to Raise a Future Millionaire is on the cusp of an important new way of understanding how we earn, keep, and spend money. It is a straightforward, practical, and entertaining manual that debunks a number of parenting myths that work against financial independence, such as allowances. This book also teaches parents how to identify the entrepreneurial skills that, to some degree, every child has and guides them to strengthen those skills. A self-made millionaire and father of seven, Troy Dunn gives you practical templates for easy, kid-friendly businesses that you can introduce to your children so that they can start earning their own money quickly. Young Buck$ includes everything Dunn has learned during his very successful business career as an entrepreneur and in his work with thousands of young people seeking business guidance. It features chapters on age-appropriate, step-by-step action plans for you to help your children find and implement great money-making ideas. Additional chapters explain what schemes you should avoid, how to spot business scams, why lotteries are a terrible place to put your money, why it's good for kids to invest in the stock market, and practical advice on the legal aspects of owning a business. Troy Dunn is a self-made millionaire. He is a successful businessman and public speaker, radio host, and writer on the subject of financial success and personal happiness. For his business venture dedicated to reuniting separated friends and family, Troy was considered for more than a decade one of the most frequently seen guest experts on national television. After thirteen years of building and running that company, Troy sold it for undisclosed millions, freeing him to focus on his passion for assisting other organizations. He now consults four corporate clients a year in motivating their own management teams in leadership, overcoming obstacles, team-building, and guerrilla marketing and in major media manipulation, strategy, and results. Troy married his high-school sweetheart, Jennifer, and together they are raising seven beautiful children.

• Format: Hardcover
• Language: English
• ISBN: 0785221859
• ISBN13: 9780785221852
• Release Date: November 2007
• Publisher: Thomas Nelson Publishers
• Length: 145 Pages
• Weight: 0.65 lbs.
• Dimensions: 0.7" x 5.7" x 8.5"

Customer Reviews

EXCELLENT ADVICE

Troy Dunn has put common sense into words that can be referred to time and time again as your child, (or children), of any age approach the subject of money. The "I want, I need, can I have" words that are all too familiar from our children are guided by their parents to think how they might find ways of earning money for their desires rather than just expecting handouts or waiting for that next birthday or holiday to roll around. It is definitely a reward system for all, self esteem for the child, when he 'gets it' and for the parent when they don't have to 'give it' all of the time!

An Excellent Starting Place

This book is an excellent place to start for anyone that wants more for their children ( & themselves). It is written in easy terms that you will be able to understand regardless of your background.

good basics

While its difficult to teach young children about money since there are issues with counting as well as the value associated with different coins and bills this book is a big help. It makes it easier to help the child identify what they want and then devise a plan on how to get there. No matter what the age this is an important concept. Start with an end in mind and work backwards. Hmmm, I think alot of the adults buying this book could implement the concepts along side the kids. I have found it is a good way to find projects to work on with the kids that they actually care about. the simplicity of the concepts makes it easy to use them in everyday life. I think this is a must read for all parents. Thanks

Handbook for Encouraging Young Entrepreneurs

This is one of the best books I have read on how to encourage the young entrepreneur in your family. Troy Dunn should know because six of his seven children are entrepreneurs! The youngest is making $85 per hour baking and selling cookies at soccer games. Troy outlines specific steps for each age group and gives some examples of businesses kids can try. Even though the sub-title is "how to raise a future millionaire", Troy stresses it is not all about the money. He wants kids to experience the excitement of using their natural talents and the fun of being the boss. Daphne A. Nowell, author Juana Meets Gabriel, the Small Business Angel (Business Angel Books) (Business Angel Books)

Excellent Book!!!

It helped remind me of the most important job I have, which is as a father. I truly enjoyed the book and it has motivated me even more about my role as a parent. It has some funny stories much like other Troy Dunn books and CDs. My kids have already started to planning a little for the future then just looking at today.