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Raising a Rich Kid Smart Kid

The books in the Rich Dad Poor Dad series are based on the financial advice Robert Kiyosaki received from his two dads. His rich dad was actually a wealthy businessman and the father of his best friend. His rich dad never finished eighth grade. His poor dad was extremely intelligent and the head of the educational system in Hawaii, but died leaving unpaid bills.

Continuing the wisdom from his previous books, Robert's latest book, "Rich Kid Smart Kid," is based on the message his rich dad taught him about financial intelligence. Rich Kid Smart Kid is an inspiring and important book about providing children with the tools for educational success.

World-Class Mentors for your Child

One of the many strengths of homeschooling is the ability to resource mentors during your child's educational experience. Homeschool.com would like to introduce you to some very inspirational financial mentors for your children.

The mentors are, Robert & Kim Kiyosaki, Sharon Lechter and Diane Kennedy, all self-made millionaires. Robert and Sharon are co-authors of the best selling "Rich Dad: Poor Dad" series. Kim Kiyosaki is one of the co-founders of Cash Flow Technologies and is a passionate advocate for educating women about money. Diane Kennedy is a specialized accountant. Here are some practical insights into how the rich handle their money and some of the ways they pass their good money skills on to their children:

Raising Your Child's Financial IQ

If you've been telling your children, "Go to college, get good grades and work at a large company until you retire" you may be dooming them to a paycheck to paycheck existence. The road to success will be very different for our children than it was for our parents. Our children cannot rely on life-time employment and retirement checks.

What is the answer? According to Robert Kiyosaki, the best selling author of "Rich Dad Poor Dad," we must stop raising our children to think like employees and must instead teach them to think like business owners and investors. Their ability to understand the importance of creating passive income from investments, real estate, as well as investing for retirement is paramount to their future financial success. Skills that wealthy investors have always had are now essential to our children's long-term financial health.

We caught up with Mr. Kiyosaki, as he was traveling through Australia on a speaking tour, and asked him to share with us, how parents can raise their child's financial IQ and why we absolutely must!


Yes You Can! Raise Financially Aware Kids

This year, 2-to-14-year-olds will "kid-fluence" an estimated $488 billion in parental spending - money that many American families can't afford.

Consider these questions:

  • Do your kids think money grows on trees?
  • Do you want your children's quality of life to be as good or better than yours?
  • Do you want your children to make sound financial decisions?
  • Do you need help in guiding your children in the process of becoming financially aware?

Homeschool Success Stories

Bill Cosby once said, "I don't know the key to success, but the key to failure is trying to please everybody."

Homeschoolers understand this well, and don't try to please everyone with their non-traditional choices.  They aim to fill the needs of their children, and with that goal, it is very difficult to fail!  In fact, success flourishes in the homeschool community, in many shapes and forms.


   

 

 
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