Smart Mom, Rich Mom: How to Build Wealth While Raising a Family

Ladies, this collection of stories from moms who have successfully worked full-time, freelance, self-employed, and in other ways, while also raising amazing children and providing financial freedom for their families, has room to add more--your story! Start it today!

Of all life’s financial shocks, few compare to the $250,000 price tag--not including college!--of raising a child. How will you pay for it? Many mothers have agonized over that question, letting it fuel their decisions concerning careers, budgets, and families. The only thing they can all agree on is: there are no easy answers. However, there are plenty of rewarding possibilities!

Mining successful moms’ experiences to uncover both career advice and strategies for spending and saving anyone can use, Smart Mom, Rich Mom includes stories, checklists, action steps, planning tools, and more to help other moms learn how to:

• Prepare financially for parenthood, as well as adding to your litter
• Balance thrift with generating income and investing wisely
• Find flexibility at work while safeguarding your earning potential
• Save for both college and retirement
• Plan for unexpected events

Smart Mom, Rich Mom explores how women today are navigating the financially challenging career/parenting years. This invaluable resource for moms everywhere chronicles women who have stayed in the game as both moms and businesswomen--full-time, freelance, self-employed, and more--and emerged more prosperous and empowered than before having children.

Kimberly Palmer, author of The Economy of You: Discover Your Inner Entrepreneur and Recession-Proof Your Life, was the senior money editor at US News & World Report for nine years. She is an adjunct professor at American University, where she teaches a course on mastering social media. She lives with her family, including two children, in the Washington, D.C., area. You can find her at kimberly-palmer.com.