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

A Wall Street Journal BestsellerVastly improve your child s potential for becoming a millionaire by building their financial foundation and literacy starting at infancyNational 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 LoansYou 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.