Funding Your Dreams Generation to Generation : Intergenerational Financial Planning to Ensure Your Family's Health, Wealth, and Personal Values [Paperback]

Carol Akright CFP (Author)

Book Description

Publication Date: November 2000

Money is one of the most stressful issues that most families face. With each generation living longer, and the wealthiest generation about to pass along their inheritance, it is imperative that money be handled thoughtfully to help meet the needs of all—grandparents, Baby Boomers, and the youngest family members.

Using the unique step-by-step advice shared in Funding Your Dreams Generation to Generation, veteran financial expert Carol Akright shows how families can achieve their most cherished dreams—be it for funding college education, making long-term care affordable, or traveling together to share experiences and adventures as an extended family.

With the skill of an experienced financial planner and the insights of a family counselor, Akright brings the issues to the table, and helps families turn money into a dynamic force for accomplishing good. Calling it Intergenerational Financial Planning, Akright offers practical strategies to:

*draw families closer by sharing their deepest dreams, while working together to actualize those dreams
*commit to funding the dreams of all of the generations using wise financial planning
*share financial values, create family "emotional capital," and teach fundamental financial skills to the younger generations
*resolve money conflicts while meeting the needs of elders, children and those in between

Editorial Reviews

From the Publisher

“Carol Akright has capitalized well on her background as a journalist and as a Certified Financial Planner. She understands and clearly articulates the richness inherent in close relationships with shared values, and how that can leverage dream fulfillment for families who choose to connect, live consciously, and honor their passions.”

—Guy M. Cumbie, CFP, CIMC, President, Financial Planning Association

“An outstanding roadmap to fulfilling dreams for financial success. Carol Akright shows all generations how to implement the Golden Rules of Money with easy-to-follow plans and real experiences.”

—Bill Robinson, CLU, CFP, Executive Vice President, Pacific Life Insurance Company

“Money has traditionally been seen as a divisive factor between as well as within generations. Carol Akright turns this belief on its head by showing the reader how money can draw family members together as they lovingly help each other realize their dreams. She speaks from her heart with great compassion and understanding of family dynamics and from her head with nuts-and-bolts financial advice.”

—Dr. Rachelle Zukerman, Associate Professor of Social Welfare, School of Public Policy and Social Research, UCLA

“Funding Your Dreams Generation to Generation is very thoughtful, creative, and insightful. Our estate planning clients and their families need to read this book and incorporate these important ideas into their lives.”

—Raymond E. Makowski, Esq., Coauthor, Generations: Planning Your Legacy

About the Author

Carol Akright, CFP, has been addressing the financial needs and responsibilities of each generation for more than 25 years, first as an award-winning syndicated financial broadcaster and for the past 17 years as a financial planner, stockbroker, and insurance expert. Akright is executive producer of the popular PBS series Funding Your Dreams. She is a high-visibility media guest who has appeared on CNN, CNBC, and the Wall Street Journal Radio Network and is also a popular speaker nationwide. She has been featured in numerous business print media. Akright is currently a registered principal and branch manager of Associated Securities Corporation, a Los Angeles–based brokerage firm.

Product Details

• Paperback: 304 pages
• Publisher: Dearborn Trade (November 2000)
• Language: English
• ISBN-10: 0793137136
• ISBN-13: 978-0793137138
• Product Dimensions: 8.9 x 5.9 x 0.6 inches
• Shipping Weight: 8.8 ounces
• Average Customer Review: 5.0 out of 5 stars  See all reviews (9 customer reviews)
• Amazon Best Sellers Rank: #2,174,862 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews

3 of 3 people found the following review helpful:

5.0 out of 5 stars Finaly, a financial book that makes sense!, June 23, 2001

By A Customer

This review is from: Funding Your Dreams Generation to Generation : Intergenerational Financial Planning to Ensure Your Family's Health, Wealth, and Personal Values (Paperback)

Through the years I have visited the financial section of book stores, somethimes purchasing a publication that looks interesting, only to find that I would need a degree in finance to understand it. What a pleasure to find "Funding Your Dreams". A book that is written so that one can understand its concepts without all the 5 dollar words that send me to the dictionary every other sentence! Carol writes with knowledge, compassion and understanding of the lay readers needs. Most of all she gives sound, solid advice with suggestions for practical application. I wish I had had this book twenty years ago but it's never to late to start. This book is a must read for everyone, regardless of monetary assets. I also appreciate the balance that Carol presents to the reader. Yes we need to save, yes we need to plan for our children, our aging parents, and our own retirement, but we can also need to give ourselves permission to set aside some funds for our own enjoyment. Carol obviously has a zest for life and her energy comes through in her writing. This book should be on the coffee table of every home, and should be read by every generation that lives with that coffee table! This book would make a wonderful gift for young couples ( or graduates) starting out as well as those of us in the baby boomer generation. Thanks Carol, for writing words that I have needed to read for years!

3 of 3 people found the following review helpful:

5.0 out of 5 stars Funding Your Dreams Generation to Gernation, May 20, 2001

By A Customer

This review is from: Funding Your Dreams Generation to Generation : Intergenerational Financial Planning to Ensure Your Family's Health, Wealth, and Personal Values (Paperback)

Carole touches on important and weighty subjects, yet presents them to the reader in a friendly, accessible, easy to understand style. From the very beginning we think of her as `Carole' rather than Ms Akright, feeling that we are not facing a stranger, but, instead, listening to someone we know who cares about our problems. Not only does the book convey great generosity of spirit, but it also offers practical information that can benefit any family. The book is devoted to showing that dreams can indeed come true, and helps the reader understand `that money can and should be used as a family resource' that can help with dream fulfillment. Carole covers the dreams and needs of each generation, including basic issues such as retirement, long-term care, children's education, even meeting the bills. But she does not forget the vacations, adventures, life styles, purchases that one might also dream of. As she says, `You have the right to go after what you want in life.' According to Carole, inter-generational dream funding leads to a greater closeness of families, a greater sharing of values, and offers more emotional support, ideas and energy, as well as larger financial resources to call upon. This is a book to read, think about, and then perhaps read again in order to learn how to make dreams come true.

2 of 2 people found the following review helpful:

5.0 out of 5 stars Finaly, a financial book that makes sense!, June 23, 2001

By 

a grateful reader (Knoxville, TN United States) - See all my reviews

This review is from: Funding Your Dreams Generation to Generation : Intergenerational Financial Planning to Ensure Your Family's Health, Wealth, and Personal Values (Paperback)

Through the years I have visited the financial section of book stores, somethimes purchasing a publication that looks interesting, only to find that I would need a degree in finance to understand it. What a pleasure to find "Funding Your Dreams". A book that is written so that one can understand its concepts without all the 5 dollar words that send me to the dictionary every other sentence! Carol writes with knowledge, compassion and understanding of the lay readers needs. Most of all she gives sound, solid advice with suggestions for practical application. I wish I had had this book twenty years ago but it's never to late to start. This book is a must read for everyone, regardless of monetary assets. I also appreciate the balance that Carol presents to the reader. Yes we need to save, yes we need to plan for our children, our aging parents, and our own retirement, but we can also need to give ourselves permission to set aside some funds for our own enjoyment. Carol obviously has a zest for life and her energy comes through in her writing. This book should be on the coffee table of every home, and should be read by every generation that lives with that coffee table! This book would make a wonderful gift for young couples ( or graduates) starting out as well as those of us in the baby boomer generation. Thanks Carol, for writing words that I have needed to read for years!