Smart Money Smart Kids audiobook cover - Raising the Next Generation to Win with Money

Smart Money Smart Kids

Raising the Next Generation to Win with Money

Dave Ramsey & Rachel Cruze

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If You're Curious About These Questions...

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Key Takeaways from Smart Money Smart Kids

Learning Tools

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Mind Map

Smart Money Smart Kids
Core Philosophy
Parents must model good financial behavior consistently
Money is a neutral tool; habits determine outcomes
Let kids make financial mistakes early under your safety net
Work & Earning
Teach the direct connection between work and money
Pay commissions for chores instead of giving free allowances
Ages 3-5
Older Kids
Spending & Saving
Smart Spending
Smart Saving
Money Personalities
Budgeting
Budgeting Basics
Age-Appropriate Lessons
College Planning
Expectations
Debt-Free Strategies

Quiz — Test Your Understanding

Question 1 of 7
According to Ramsey and Cruze, why is a 'commission' format recommended over a traditional 'allowance' for children?

Smart Money Smart Kids — Full Chapter Overview

Smart Money Smart Kids Summary & Overview

Smart Money Smart Kids (2014) guides parents – or anyone helping raise children – in teaching those kids to become financially smart. Review basics like the relationship between work and money and find actionable advice for instructing toddlers through teens to gain confidence with money.

Who Should Listen to Smart Money Smart Kids?

  • Parents or guardians who want to raise money smart kids
  • Anyone teaching young people how to be financially fit
  • Financially wealthy individuals wondering how to build generational success

About the Author: Dave Ramsey & Rachel Cruze

Dave Ramsey and his daughter Rachel Cruze are experts in the field of building and maintaining personal financial success. Ramsey helps people get out of debt while Cruze helps people stay out of debt in the first place. Ramsey’s other books include Financial Peace and The Total Money Makeover. Cruze’s other books include Love Your Life Not Theirs and Know Yourself Know Your Money.

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