Smart Money Smart Kids Authors: Dave Ramsey and Rachel Cruze“AFTER losing a fortune in his twenties and being forced to start from scratch, Dave Ramsey set out to learn about money from those who have it, yet aren’t dominated by it. After resuscitating his bank balance to where it once was - and then some - he now helps millions of people understand what’s holding them back from winning with their personal income and how they can successfully break free of it.In this book Dave and his daughter turn their attention towards children and the money lessons parents can instill in them before they leave home and confront a harsher and less forgiving world. The book isn’t filled with technical jargon and headache-inducing mathematical formulas. Nor is it something that would only be useful to Mark Zuckerberg’s children. It’s rather an extension of the golden rules your grandparents lived by - know that money has its limits, so save for a rainy day, and don’t buy anything unless you can pay cash for it (yes, that includes your car). Learn how to practically teach your children the relationship between work and reward, how they can prevent themselves from making regretful impulse buys, the joys of gratitude, generosity and contentment, and the importance of maintaining a spending budget so that their bank balances don’t keep reverting to zero every month. Every once in a while you come across a book that is so vital it makes you shake your head and wonder why the lessons contained in it are not a part of every child’s upbringing. As no-nonsense Dave explains: “Handing out money and not teaching strong work habits create people who whine, who feel entitled, and who become perpetual victims.” Whatever your family’s beliefs are about money, I urge you to temporarily let your guard down and give this book a try. Cherry-pick just the parts you like if you must. I cannot recommend it enough.” - Omar Sayed.