Make Your Kid a Millionaire: 11 Easy Ways Anyone Can Secure a Child's Financial Future

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9780684865645: Make Your Kid a Millionaire: 11 Easy Ways Anyone Can Secure a Child's Financial Future
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A STEP-BY-STEP PROGRAM THAT SHOWS PARENTS WHAT TO DO AT EACH STAGE OF A CHILD'S LIFE TO PROVIDE WEALTH FOR THE NEXT GENERATION.
If you're like most parents, you know that you should start saving for your children's future but you're just not sure where to begin.
In Make Your Kid a Millionaire, Kevin McKinley presents eleven easy ways parents can give their children a college education, a home, a comfortable retirement, and a chance to reach their goals without looking to you for money. With a commonsense approach, McKinley takes the reader from the birth of a child into adulthood and

  • Guides parents through market swings
  • Shows parents and grandparents how to cut their tax bills as they grow their family net worth
  • Recommends "catch-up" tips to parents who haven't started saving yet
  • Shows you where to find money to save

Whether you earn six dollars an hour or six figures a year, Make Your Kid a Millionaire helps your kids acquire everything that more money can provide: Time. Knowledge. Security. Stability. And it will grant you the peace of mind that comes with supplying your children with a financial head start.

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About the Author:

Kevin McKinley is a Certified Financial Planner. His practice and speaking engagements are focused on helping families achieve multi-generational wealth. He lives with his family in Eau Claire, Wisconsin. Learn more at www.kevinmckinley.com.

From Library Journal:

This book isn't as outrageous as its title makes it seem herein is sound advice for parents with young children. A financial planner and parent, McKinley stresses that providing financial security for our children doesn't concern money as much as it does freedom from ordinary economic pressures like earning enough money in a career, needing to work into old age, or struggling to afford the best possible college. Lessening these pressures, he wisely advises, "doesn't guarantee a life of quality, but it sure gives [your child] a better shot at happiness than not doing anything." McKinley's tone is helpful and humorous, and his style facilitates quick understanding. As a primer on investment vehicles (e.g., what's a zero coupon treasury?), this resembles the ubiquitous Personal Finance for Dummies (Hungry Minds, 2000. 3d ed.) but targets strategies and tips benefiting children (e.g., "a dollar a day saved at 10% annually gives a newborn baby over $2.4 million at age sixty-five"). A glossary would have been helpful, and the information here will become dated within a few years, but the price is very reasonable. For public libraries. Douglas C. Lord, Connecticut State Lib., Hartford
Copyright 2001 Reed Business Information, Inc.

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