Stories about debt have been headlines news stories in our country for at least the last 5 years. Let’s face it, we all wanted to indulge our children. We gave them all of those things that we did not have when we were growing up. Now we have children with lists of “must have” big ticket items, but do they know the value of money? This is the first generation that may not out earn their parents, so money lessons are imperative.
This new series geared toward kids addresses that, and that is why I think it is a great buy for parents either for the holidays’ or just as a tool to sharpen your kids saw and get them to start thinking differently.
Secret Millionaire Club featuring Warren Buffet makes learning about finances fun. He teaches concepts like supply and demand in practical ways that make sense whether your 5 or 90. The characters in the story have real life experiences with everything. They discuss everything from sound business decisions, to what to do if someone tries to take advantage of you because you did not read in between the lines. The kids come up with some great problem solving ideas on their own, but everyone in a while they have to call Mr. Buffet for some real feedback.
Not only are the episodes educational, they are also entertaining. They deal with many of the presumptions that we face on a daily basis when it comes to money mistakes, from personal finances to business. This cute series opens up some important information and conversation that could be a real conversation starter.
It puts your young person on the road to making millions; or at least thinking it makes them think about their financial decisions, and what goes into making those millions. In the series, Warren Buffet shares witty tales, timely answer and the occasional bad joke. He also talks about some of the things that he is working on, like conquering his fear of surfing.
Another thing that I think is important about this series is that they deal with the mistakes that the kids make and the missteps in a way that everyone can learn from them. In one of the episodes, the character makes a huge mistake that could have a devastating effect on his families business. The character is not just embarrassed he is ashamed. The way the kids circle around him is sweet, and then the advice he receives shows that where there is a will there is a way! This was one of my favorite parts of the series. Mistakes can be costly, but they do not have to be permanent.
The series has some really eye-opening conversations and prepares you for an opportunity to learn from the mistakes of the kids on the show while you challenge some of your own thinking patterns. Some things you may already know, so they are just a pleasant reminder of some topics, but others are new concepts and ideas.
For a generation that has grown up with $200 iphones, $500 IPads, $300 game consoles, and $60 games just to name a few. Financial conversations are a must to ensure that this next generation is prepared to make sound financial choices. They need to know how they can build a strong financial future. If you are raising a future millionaire, this a set of videos you may seriously want to consider adding to your collection.
If you want your copy feel free to click here!