The Money Mind for Kids

7 Secrets the Wealthy Teach Their Children

By: David Sebastian

Narrated by: Stacy Carolan

Length: 5 hrs and 10 mins

Publisher's summary

I have been privileged to work with the wealthiest people in our world with my experience as a CPA. My clients have ranged from presidential candidates to real estate moguls and venture-backed start-up companies. As their personal accountant, I manage their day-to-day money affairs. Working with families whose net worth ranges from twenty-five million to one billion dollars, I’ve become their trusted advisor, accountant, and at times, their financial therapist. Not only am I privy to where every dollar is spent, but also hear their narratives about success and the sorrows of amassing so much wealth. Between accounting and financial therapy, I sit every day listening, observing, analyzing, and helping them strategize for future generations.

Throughout The Money Mind for Kids, you’ll find seven concepts I’ve seen as common threads throughout these families. You’ll discover the most important thing every successful family passes to each generation:

• Discover how your kid's view of failure will change the way they view success: the single most important tool necessary for every child to create wealth.
• Discover how building little by little can create an infinite return.
• Explore how the wealth creation process exponentially grows a family's cash flow, and can do the same for your family.
• How to avoid the one thing that will prevent your kids from getting ahead.
• Discover how your dollars can be working the exact same way as affluent families.
• How to save your kids from being spoiled.

Money can feel complex and overwhelming. I get it. However, that doesn't mean you can't teach these concepts to your children. Think about it like this. When you get into your car, do you know how every single piece of your engine works? The complexities and inner workings of an engine are left to a mechanic. But most of us know how to drive a car. Understanding financial matters are no different than learning how to drive. You don't need to know all the complexities of economics, accounting, and financial.

©2022 David Sebastian (P)2023 David Sebastian

Excellent book

I thoroughly enjoyed listening to this audiobook. The author clearly brings forth his years of experience, insight, observation and wisdom regarding wealth management in this book. Not only the kids but anyone can benefit from the invaluable knowledge shared in this book. Excellent content and narration. Worth listening. Highly recommend.

Great for kids!

This audiobook is tremendous. So much great advice to helping build a child’s financial future. The narrator is great as well. Totally recommend.

great guides

"The Money Mind for Kids", written by CPA David Sebastian, who has dealt with affluent families, is an outstanding book. He conveys priceless knowledge on the management of finances and the influx and outflow of funds. Furthermore, David brings attention to the non-financial components of riches like intellectual, spiritual, and social wealth. Therefore this book is a must-read for parents who are looking to give their kids a money education. All in all, "The Money Mind for Kids" is an intriguing and educational read that provides straightforward advice on developing a prosperous money mind.

Great way to approach this great topic

I wish they'd teach this in school. It's needed. So much great advice to help build a child’s financial future. The author has done an excellent job of breaking down complex financial concepts into easy-to-digest pieces of information. This book is filled with practical tips and exercises that parents can use to make learning about money fun and engaging for their children. This audiobook is very helpful in breaking down the do’s and don’ts of money management. I found the whole book very helpful. The kids and anyone can benefit from the knowledge shared in this book. I recommend this audiobook.

Great Financial Literacy Book!

This book was chalked full of really great information when it comes to teaching children how to spend and save wisely. (It also helps adults too!) Seriously though, The book is laid out well and you can tell David has a ton of great knowledge to share with his listeners. I found the whole book very helpful and putting a plan together to start teaching my 8 year old the value of money and how to be smart with it!

Excellent early resource

I found this audiobook very helpful and educational for my son! We both learned something new about investing and how it can apply to all ages but especially kids.

MUST READ for finance and life

If you have children this is a must read. If you don’t it still lays down excellent life and financial wisdom. I was lucky enough to grow up in a Family that talked about money. As I am a farther now, I have contemplated how I would do the same and expand on what I grew up with. This books has given me ideas and insights far beyond where I was and promotes wealth in all areas of life. Not just financial.

Great Information for both Kids and Adults

"The Money Mind for Kids: 7 Secrets the Wealthy Teach Their Children" by Jason Lina is an extraordinary guidebook for parents looking to instill valuable financial lessons in their children. In a world where financial literacy is often overlooked in our education systems, this book comes as a much-needed resource. With easy-to-understand language and relatable examples, Lina teaches children the basics of money management and the importance of investing early.

One of the things I loved about this book was how it helps parents teach children the value of money without overwhelming them. The author has done an excellent job of breaking down complex financial concepts into easy-to-digest pieces of information. The book is also filled with practical tips and exercises that parents can use to make learning about money fun and engaging for their children. From opening a savings account to understanding the stock market, this book has it all.

Overall, "The Money Mind for Kids" is a must-read for any parent who wants to give their children a head start in life. With its simple language, fun exercises, and practical advice, this book has the potential to create a generation of financially literate children who are better equipped to handle their finances in the future. I highly recommend it to anyone who wants to give their children the tools they need to succeed in life.

Understand wealth and finance ahead of the game

Loved the examples the author uses to explain parts of finance. I think they were perfect and well-suited for the topic. I wish I would have had this book when I was younger because there’s so much wisdom you can glean as a young person from the content in here.

The narration is well-paced and very easy to listen to. In addition, the principles taught in the book will support other areas of life to help a person’s development. Highly recommend.

Takes the mystery out of money for kids or anyone!

It’s super important to educate our kids about money to help them avoid debt and flourish financially instead. This audiobook is very helpful at breaking down the do’s and don’ts of money management. Discussed are the tools that wealthy people apply, which anyone can include in their financial planning habits. I wish my parents had passed down this advice and audiobook to me as I entered adulthood!