Smart Money Smart Kids Book Summary

In "Smart Money Smart Kids," financial expert Dave Ramsey teams up with his daughter Rachel Cruze to tackle the crucial lessons of money management for a new generation. Through relatable anecdotes and practical strategies, they empower parents to teach their children about earning, saving, and investing wisely. The book challenges traditional views on money, emphasizing the importance of character and values in financial decision-making. With engaging activities and clear guidelines, readers are equipped to foster a healthy relationship with money early on. Dive in to discover how to raise financially savvy kids who are prepared for life’s economic challenges!

By Dave Ramsey, Rachel Cruze

Published: 2014

"Money is a tool, not a goal."

Book Review of Smart Money Smart Kids

In Smart Money Smart Kids, Financial expert and best-selling author Dave Ramsey and his daughter Rachel Cruze equip parents to teach their children how to win with money. Starting with the basics like working, spending, saving, and giving, and moving into more challenging issues like avoiding debt for life, paying cash for college, and battling discontentment, Dave and Rachel present a no-nonsense, common-sense approach for changing your family tree.

Similar books you might like →

Showing 8 of 20 similar books

Similar Book Recommendations →

Alicia Keys's Book Recommendations

Alicia Keys, an acclaimed American singer-songwriter and classically trained pianist, has made significant contributions to the music industry with her soulful voice and compelling lyrics. She burst onto the scene with her debut album, "Songs in A Minor," which earned her five Grammy Awards. In addition to her musical achievements, Keys is also a celebrated author; her memoir "More Myself: A Journey" provides an intimate look at her life and career. She has used her platform to advocate for social justice, co-founding the Keep a Child Alive organization to combat HIV/AIDS in Africa. Alicia Keys continues to inspire through her artistry and activism, leaving a lasting impact on both music and literature.

Memoirs and BiographiesInspiring ReadsActivist

Ray Dalio's Book Recommendations

Ray Dalio is the founder of Bridgewater Associates, one of the largest and most successful hedge funds in the world. He is also the author of the bestselling book Principles, where he outlines his philosophy on life, leadership, and investing. Ray is renowned for his unique approach to transparency, radical truth, and thoughtful disagreement within organizations. His insights into economics and investing have made him one of the most influential figures in the financial world. Dalio continues to be a thought leader in business, economics, and philanthropy.

Business and LeadershipSuccess Stories and Life LessonsInspiring Reads

Andrew Lokenauth's Book Recommendations

Andrew Lokenauth is a distinguished author and financial expert known for his insightful contributions to personal finance and investment literature. With a career spanning over a decade, he has written extensively on topics such as wealth management, financial planning, and market analysis. Lokenauth's works are celebrated for their clarity and practical advice, making complex financial concepts accessible to a broad audience. He has been featured in numerous financial publications and has established himself as a trusted voice in the industry. Beyond his writing, Lokenauth is also a sought-after speaker, sharing his expertise at various seminars and workshops.

Money MattersSuccess Stories and Life Lessons

Ana Fabrega's Book Recommendations

Ana Lorena Fabrega is an innovative educator and author passionate about reimagining education. Known as “Ms. Fab,” she is the Chief Evangelist at Synthesis, an education startup inspired by the problem-solving and collaboration model used at SpaceX. She advocates for alternative learning methods, encouraging curiosity and creativity in students. Ana's work emphasizes the importance of engaging young learners in real-world challenges and critical thinking. She also shares insights on education reform through her popular newsletter, Fab Fridays.

Media and Pop CultureInspiring ReadsCreativity and Innovation

David Bach's Book Recommendations

David Bach is a financial expert and bestselling author known for his Finish Rich book series, including The Automatic Millionaire. He has made a career out of teaching people how to build wealth through small, manageable financial habits like “paying yourself first” and automating savings. His approach to personal finance is accessible and focuses on helping everyday individuals achieve long-term financial security. David has appeared on numerous media platforms, advocating for financial literacy and encouraging people to take control of their financial futures.

Money MattersSelf-Improvement

Sam Parr's Book Recommendations

Sam Parr is an influential entrepreneur and writer, best known as the co-founder of The Hustle, a popular email newsletter providing business news and insights. As a prominent voice in the startup community, Parr has leveraged his expertise to offer valuable advice to aspiring entrepreneurs. He also co-hosts the My First Million podcast, where he discusses business ideas and strategies with industry leaders. Parr's work has significantly impacted how modern business news is consumed and has inspired a new generation of digital entrepreneurs. His innovative approach to content creation and distribution has cemented his status as a thought leader in the business world.

Business and LeadershipSuccess Stories and Life Lessons

Anu Hariharan's Book Recommendations

Anu Hariharan is a distinguished partner at Y Combinator's Continuity Fund, where she has been instrumental in scaling numerous startups into successful enterprises. With a strong background in economics and technology, she has become a respected voice in the venture capital community. Hariharan has also made significant contributions through her writing on startup growth and investment strategies, offering insightful analyses and practical advice to entrepreneurs. Her work is frequently featured in leading business publications, showcasing her expertise in the tech industry. Beyond her professional accomplishments, Hariharan is committed to fostering diversity and inclusion within the startup ecosystem.

Business and LeadershipInspiring ReadsWomen Who Lead

Morgan Housel's Book Recommendations

Morgan Housel is a financial writer and partner at The Collaborative Fund, best known for his book The Psychology of Money. His work explores the behavioral side of finance, emphasizing how emotions, history, and decision-making impact wealth-building. Housel’s writing is widely praised for being accessible, insightful, and engaging, making complex financial topics easier to understand. He contributes regularly to financial publications and speaks at conferences on the power of long-term thinking in finance. His book has become a modern classic in the personal finance genre.

Money MattersInspiring ReadsSuccess Stories and Life Lessons

Showing 8 of 18 related collections

Money is a tool, not a goal.

Smart Money Smart Kids

By Dave Ramsey, Rachel Cruze