Book Review: Smart Money, Smart Kids by Dave Ramsey and Rachel Cruze
I was thrilled when I was notified that I was on the Launch Team for the new book from Dave Ramsey and Rachel Cruze called Smart Money, Smart Kids. Their new book is out today, April 22. Visit the website to found out more:https://www.smartmoneysmartkids.com/?ictid=smsk.rc.hp
My husband and I graduated from Dave Ramsey's Financial Peace University about 4 years ago. We continue to apply the Ramsey Principles as we see to "change our family tree" and live debt free. We aren't where we want to be yet but we are continuing to move in the right direction.One of the ways I was excited about being on this launch team, is that I can have a resource to teach our 12-year old son how to be a better money manager than we were before he leaves home.
Smart Money, Smart Kids offers a dialogue throughout the book with voices from both Dave and his daughter, Rachel, as they share their stories of life in the Ramsey family as Rachel was growing up. According to Dave, "Normal in American is broke. This books isn't for normal people. It's for people who have figured out that normal isn't good enough. It's a book for weird people." I want to be one of the weird people who teach our son to stay out of debt, to give, to know the joy of doing a job well done and earn a living, to know how to budget, how to go to college debt-free, and how to be content with what he has. All of those topics, along with others are covered in this book. It is a comprehensive look at teaching your children to manage money well, no matter what the age. Of course, it would be better to start when they are younger, but both Ramseys say that teenagers can still be learners when it comes to money management.
I would recommend this to any parent or caregiver of children. It is a book that can be useful to yourself as you seek to tighten up your own money management skills. Primarily, though, this is a book that could help anyone encourage the young people as to how to develop their money skills to a level that they can avoid many of the pitfalls that I have seen in families today. I recently saw a young couple on our local news that is deep in debt with college loans sharing how hard it is to make it. Get a book and help your young people live a life of financial freedom.
I received an electronic copy of this book as a part of the Smart Money, Smart Kids Launch Team.