CashCow Kids: The Guide to Financial Freedom At Any Age [Paperback]

Jordan Lisa (Author)

Book Description

Publication Date: April 2003

The ultimate guide for parents to inspire them to help kids find the path to financial freedom. Through real-life examples and humorous tales, parents will discover innovative ways to give kids a sound financial foundation. From preschool through the college years, CashCow Kids is filled with practical ideas that actually work. This is an essential resource book for every parent.

Editorial Reviews

Review

This book is a treasure trove of information for those who want to change their family's ability to build wealth -- Dolf de Roos, Ph.D., Author, "Real Estate Riches"

This book's inspirational success stories of young role models ensure it will serve as a lifelong financial literacy reference. -- Victoria Nesnick, Founder, The Kids Hall of Fame

Product Details

• Paperback: 168 pages
• Publisher: Abacus Publishing, LLC (April 2003)
• Language: English
• ISBN-10: 0972855521
• ISBN-13: 978-0972855525
• Product Dimensions: 9 x 6 x 0.4 inches
• Shipping Weight: 9 ounces
• Average Customer Review: 4.7 out of 5 stars  See all reviews (9 customer reviews)
• Amazon Best Sellers Rank: #1,601,834 in Books (See Top 100 in Books)

Customer Reviews

Most Helpful Customer Reviews

11 of 11 people found the following review helpful:

5.0 out of 5 stars #1 Book to inspire/guide entrepreneurial youth & parents!!!, June 9, 2003

By 

Aaron J. Yager (Fresno, CA United States) - See all my reviews

This review is from: CashCow Kids: The Guide to Financial Freedom At Any Age (Paperback)

I had the unique pleasure of reading this book before it was published and I knew this book was REALLY going to help thousands of parents, thousands of families, and thousands of young people, get smart about money and develop the skills needed to master the money game. The truth is that you MUST begin teaching your children how to think about money now because it must begin at in the home. If you don't do it, then who will? The answer is no one.

This book has REAL-LIFE stories of families and young people who achieved great success using the principles discussed in cashcow kids.

Read this book, apply the stratgies, share it with you family, and get your kids started right away! It is in my library, I love it and so will you.

8 of 8 people found the following review helpful:

5.0 out of 5 stars Easy Reader, great for all ages A+ buy, July 22, 2003

By 

Kristin (Fresno, CA) - See all my reviews

This review is from: CashCow Kids: The Guide to Financial Freedom At Any Age (Paperback)

I read this book in one day....It just gives real advice on how to deal with financial situations along with saving and GIVING. It teaches everyone that when you save and you spend your money,it is a great thing to give as well. A must reader for everyone. Real life situations that will help all parents to teach their children how to save their money. Great gifts for everyone.

26 of 32 people found the following review helpful:

2.0 out of 5 stars Cute, but lacking., July 24, 2003

By 

Richard Shaw (La Crescenta, CA USA) - See all my reviews
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This review is from: CashCow Kids: The Guide to Financial Freedom At Any Age (Paperback)

I'm the perfect candidate for this book. I was never taught by my parents anything substantial about finance or economics, yet I want to teach my kids how to correctly handling of money. I bought "Cashcow Kids" to help fill in the any points I might be missing, I am disappointed in the purchase.

Jordan & Provost keep a nice, light manner throughout the book. There are interesting and inspirational anecdotal stories. The authors stress the importance of communicating with your kids about money; how to earn it, spend it, save it and donate it.

Unfortunately, this is where the financial education begins and ends; only in generalities. Yes, there are cute ideas kid jobs but those are probably jobs you did as a kid or have your kids doing already! Nothing new here.

Example 1: Allowances: "We are not here to tell you what you should do about the allowance issue. You must decide what is right for your situation." WHAT!? Well, how do I decide? Alas, there's no information in this book to help. (My kids aren't given an allowance; they earn money by doing such things as chores, doing well in school and demonstrating good character.)

Example 2: Savings: "The concept of saving is important for kids to learn at a young age. Many adults are late savings bloomers and know firsthand how hard it is to change old habits one they are established for thirty or forty years. There are many great habits kids can learn at a young age. The habit of consistently saving is one of them." OK, how much should a kid consistently save? There's no answer in this book. Only, kids should save. (The answer is 10%-15%, now I gave you the type of concrete information that's lacking in this book!)

The authors favor financial gurus as Robert G. Allen, Dolf de Roos, and Robert Kiyosaki. I find these authors lacking in good financial advice. I view them as salesmen for their seminars and studies.

Instead of this book, read "The Millionaire Next Door" and "Richest Man in Babylon." These two offer real-world, practical advice on finances. Both books can be easily applied to educate your kids in the world of money.