Sharon Lechter, co-author of Rich Dad Poor Dad, urges parents to teach financial literacy
PHOENIX (August 29, 2007) – Back-to-school shopping affords parents a great opportunity to begin teaching young children important life-long lessons about money that will one day save them the debt and lack of financial literacy that plagues many of today’s young professionals.
“I [...]
I am so blessed with wonderful friends. Since I left Rich Dad I have had an outpouring of good wishes and support from my incredible friends and family. It is truly what life is all about. We all spend so much time driving ourselves forward and working, working, working, that we miss so much along [...]
Read more...The Business Journal of Phoenix
Sharon Lechter, co-founder of the Rich Dad companies and co-author of the international best-selling “Rich Dad, Poor Dad” series, has retired from the company’s managerial board.
Lechter spearheaded the Rich Dad Group’s development of richkidsmartkid.com, which offers online games for grade levels K-12. She also co-developed the “Cashflow for Kids” board game [...]
Many parents ask me (in private), “How can I teach my children about money when my own finances are so messed up? I don’t want me kids to know how much financial trouble I am in.”
As parents we all want to be perfect in the eyes of our children. But I am here to tell [...]
Most of my articles are specifically about teaching our children about money, but this article is about the broader subject of “parenting” in general. Are you a helping parent, or an enabling parent?
Just last year I threw away a colonial building project that my son, Phillip had made for a social studies class project in [...]
Your children are quick studies when it comes to spending money. They see you spending money all the time just in the course of daily living. They spend time with their friends at the mall and learn what the latest trends are and want to appear “cool” to their friends. (I know the word “cool” [...]
Read more...I love the Thanksgiving holiday. I will cook for days in preparation for a family feast that may last for 20 minutes! But the leftovers are terrific!
One year I decided we should do something to help others as a way of celebrating Thanksgiving. There was a restaurant in Phoenix that prepared meals for thousands of [...]
I am often asked when you should start teaching your children about money. My answer is to ask another question.
At what age do you think a child knows the difference between a one dollar bill and a twenty dollar bill?
The answers usually range from the age of 4 to the age of 6.
THAT is the [...]
