There are three free books here which builds "wealth creation" concept into childrens book. These books are based on the American billionaire investor and philanthropist Warren Buffett.
Author: Lucas Remmerswaal
Surely children have better things do read about. They have the rest of their lives to worry about this sort of thing!
Just my 2c
You should take that 2c and invest it :)
We encourage kids to be interested in sports, science, history.. why not economics? I reckon it's a good idea
That is a great point!
it is a great idea!!!!!! people who are financially in control usually come from parents who were in financial control.
sigh… and the circle of stupidty will continue.
The "one percenters" count on this attitude.
My 2c, financial education is more important than many subjects in the school system! …are you actually using the algebra formulas that you learnt in high school?
If kids can learn how to handle money from a very early age, then it makes it a lot easier for them to NOT have to "worry about this sort of thing for the rest of their lives".
The only bad thing is the category title. Just read it, shared it & thanks. Retag it "Having a life - children's (& adults) books". Mr Buffett is nobody's fool.
I read the deal as creating wealth whilst being childless.
I read the deal as books without children in them.
I'll just let my kids read Harry Potter and tell them that if they can write like Rowling, they'll have a billion pound…
i think it's only possible to build wealth while you are childless! :p
but i also wonder where else a child would learn about wealth creation? they sure as hell don't learn it in school, maybe from their parents if they're lucky.
Unfortunately it is a topic that should be taught within the school system.
It's a life skill but very few have the ability to deliver the message ccorrectly.
The curriculum should be changed to include basic investment priciples.
Teaching our kids to be financially savvy and self funded etc.
What a difference that would make to our welfare system in the long term.
I can't comment on the books, because this is the first time I've heard of them, but this is an awesome idea! The earlier you teach children about finance the better! There are few things more important in life, yet hardly any parents (much less schools) teach it.
In moderation - I was taught double entry book-keeping at age 6, and made to account for every cent I spent at that age. (Extreme Protestant Scottish upbringing but in Oz, where everything was considered a sin!) I was so traumatised by that I never was able to enjoy my money. So I hang out in OzBargain looking for freebees. Wish I was taught how to enjoy everything including money, rather than how to be a frugal bastard.
Maybe I could learn from Warren. Looks great. thanks!
Some of the Corporate Logo's seem a bit out of place, to me… but I assume they represent some of Buffet's investments.
Thanks devank, great post. Combines two of my great loves 1. Reading to my children and 2.Reading about Warren Buffett. Can't wait to read Warren Buffett children bed-time stories tonight.
I am also going to read this to my son's kindy class + make my Masters of Applied Finance students read as well!
Remember, it is a good read for parents as well. It is surprising to see how many people actually live on a daily basis without thinking about their future.
If parents read this sort of stuff to their children every day then unconsciously they will also benefit!
Do we really need more stingy penny pinchers in the world? It is better to teach our children how to appreciate the beauty and diversity of life (arts, humanities, music, botany,zoology, geology, religion) than to turn them into compulsive hoarders.
I find a number of things far more offensive than "stingy penny pinchers".
Like the number of banks that give you a bank account, don't pay you interest, and charge you for the "privelege" of keeping it open? Or the large number of credit cards with prestigous names, e.g. "Gold Card" "Platinum Card", that charge far more in monthly fees than most people will ever get back in the form of rewards or other benefits.
Don't even get me started on the number of banks pushing debit cards. If they pushed them as "increase the cost to the retailer, indirectly increasing the cost to the purchaser, while not giving any protections like credit cards do", how many people would use debit cards?
If a little bit of pleasant reading can reduce the number of sheeple that get sucked into all the above scams, I'm all for it.
mate it's not encourgaing penny pinchers. try reading the things.
penny pinching doesnt = being rich. it sure helps more than taking a loan out for a the new <insert anything>
money, like it or not is an integral part of our lives, why not learn enough about it so it can never be a problem. im not advocating being a billionaire.
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