Wealth: Prepare Your Children to Make Fortunes

by Ida Subaran

This book discusses various facets of acquiring and managing money, particularly those rarely recognized or considered. It also suggests easy activities to implement, and advice to parents, teachers, and those concerned with children. Since parents are their children's first and most important educators, it's crucial for them to educate their children about money starting at a young age, Subaran says : When young people receive a solid financial grounding as they grow up and experience life, they will be spared anguish, financial disaster, or lost opportunities to better their financial success Included are examples from developed and developing countries, of engaging initiatives that are helping people overcome money problems .These touching real life examples offer insight into the lives of others and in particular their creativity, imagination and bold action to improve their lives.

74 pages, Paperback

First published September 15, 2013

Reviews

[Katie Gainey-West · Rating 4 out of 5]

This book was filled with financial tips for kids and their parents/gaurdians. I appreciate the advice on how we can start sharing useful financial knowledge as early as possible with children.

[Renae Richardson · Rating 5 out of 5]

One of the most valuable gifts a parent can give their children, or that adults can pass on to the younger generation, is the knowledge of what wealth truly means and how to achieve it. The sooner this education begins, the better. This book is designed as a guide to help children build a strong foundation in financial literacy early on, setting them up for future financial success. The author's genuine intention to simplify the teaching of these crucial concepts makes the guide particularly effective.

Addressing and overcoming negative perceptions about money within families is a difficult task. I personally wasn't aware of how my own mindset about money was shaped by my parents' beliefs, which in turn affected my financial habits. This book tackles this issue, which is integral to developing successful habits in adulthood, thereby breaking the cycle.

The author provides practical strategies to assist in this journey and organizes the approach by age groups, making the book easy to navigate. It also stands out for its global perspective on handling money. This is a very different financial literacy book for kids than others I have read. It offers a fresh angle. Additionally, it's a concise, something which I found to be fantastic given the topic.

[Sachi Ito · Rating 5 out of 5]

There should be more books like this

We need to start teaching our kids at a younger age, how to be more financially responsible. Starting younger can create a lifelong relationship with money that is positive. This book really covers all of the bases. As parents or teachers, we have to start by reflecting on our own attitudes and actions towards money, because this is the first level of education for your child. We have to watch things like overspending and buying unnecessary things. Kids notice everything. Pick up this book if you need help teaching your kids about finances.

[Nancy Retallick, Ph.D. · Rating 5 out of 5]

Insightful Guide
As a grandparent of a teenage granddaughter, I found this book particularly relevant, offering guidance on how to prepare her for a financially secure future, especially when it comes to her inheritance. The author suggests involving children in setting up IRAs because it encourages a sense of financial responsibility from a young age, something I hadn’t thought about. I think this book deserves a place in every family’s financial toolkit and every school library, making it a perfect guide for those of us raising financially savvy teens.

[Caitlin Rivers · Rating 5 out of 5]

As a mom of two boys, I was struggling with how to talk about money without it feeling awkward or overwhelming. Ida Subaran’s book changed everything. The age-appropriate lessons and smart allowance systems are so easy to implement. We started small and now my kids are actually excited about saving and brainstorming business ideas. The global examples from different cultures were eye-opening. This book gave me confidence I didn’t know I needed.

[Mary D. · Rating 4 out of 5]

I wish someone had handed me this book years ago. We spend so much time teaching children academic subjects, yet one of the most important life skills, how to understand and manage money, is often ignored. This book makes financial education feel practical, achievable, and something every family can start today. It isn't about making kids obsessed with money. It's about giving them confidence and good habits that will serve them for life.

[Declan Aspinall · Rating 5 out of 5]

Sometimes the simplest ideas are the most powerful. This book reminded me that teaching kids about money doesn't have to be complicated. Small conversations and consistent habits can make a huge difference over time.Sometimes the simplest ideas are the most powerful. This book reminded me that teaching kids about money doesn't have to be complicated. Small conversations and consistent habits can make a huge difference over time.

[Ryan Harpur · Rating 4 out of 5]

I picked this up because I wanted ideas on how to teach kids about money without making it feel like another school lesson. This book exceeded my expectations. The advice is practical, easy to relate to, and focused on helping children develop healthy financial habits that will benefit them for years to come. I especially liked that it encourages parents to be intentional instead of assuming kids will naturally figure money out as they grow older. It's a worthwhile read for any family.

[Hayden Band · Rating 5 out of 5]

I’ve been teaching middle school for twelve years and I’m always looking for ways to make financial literacy relevant. This book is a goldmine. The practical money lessons for every age group and the entrepreneurship section are perfect for classroom activities. My students loved discussing the real-world global examples. I’ve already recommended it to the entire faculty.

[Brenda Southwood · Rating 5 out of 5]

Working with teenagers from challenging backgrounds, I see daily how lack of financial knowledge holds them back. Wealth: Prepare Your Children to Make Fortunes is exactly the tool I’ve been searching for. The sections on avoiding debt and understanding credit are honest and practical. The entrepreneurship chapters have sparked real hope and creativity in the young people I mentor.

[T. Gabriel · Rating 5 out of 5]

This isn't one of those books filled with unrealistic financial advice. It's grounded, thoughtful, and written with parents in mind. I especially appreciated how it focuses on building the right mindset early instead of waiting until adulthood to fix bad money habits. Every parent should read this before their children become teenagers.

[Indsay Blum · Rating 4 out of 5]

I don't usually leave reviews, but this book deserves one. It made me realize that teaching children about money isn't something to put off until they're teenagers. The small lessons we teach today can shape the decisions they make for the rest of their lives. I closed this book feeling motivated instead of intimidated, and that's something I really appreciated.

[Finn Belisario · Rating 4 out of 5]

I've read quite a few parenting books over the years, but this one stood out because it focuses on a topic that's often overlooked. We spend so much time preparing our children academically, yet very little time preparing them financially. This book offers a refreshing perspective and practical guidance without ever feeling preachy. I genuinely enjoyed it.

[Shirley A. · Rating 5 out of 5]

One thing I believe every parent should consider is how to prepare children for life beyond the home. They will eventually have to make their own financial decisions, and it helps if they understand the basics before that time comes. I appreciate the importance this book's subject gives to starting those lessons early.

[Shannon J. · Rating 5 out of 5]

As a parent, I think teaching children about money is something we should take more seriously. We spend so much time preparing them for school and their future careers, but we also need to teach them how to manage money. Learning about saving, spending, and planning early can give children a better foundation as they grow up.

[Tara Dodson · Rating 5 out of 5]

a must have resource

Teaching your children about the value of money is something every family should do. This book teaches parents exactly how to do that. It stresses how important it is to learn to work with what you have by budgeting so that you always have what you need.

[Jordan Barnet · Rating 4 out of 5]

One thing I loved is that the author doesn't just tell you why financial literacy matters, she actually explains how to introduce it in ways children can understand. I came away with practical ideas instead of just motivation. That's rare.

[Zara Donald · Rating 5 out of 5]

I enjoyed how balanced this book was. It doesn't promise that your child will become rich overnight. Instead, it focuses on building the knowledge, discipline, and confidence they'll need throughout life. That's a message I can fully get behind.

[Henry Ratten · Rating 4 out of 5]

This would make a wonderful gift for new parents or even grandparents. It's the kind of book that encourages important conversations every family should be having. I finished it feeling inspired to be more intentional about teaching money habits.

[Alex Clutterbuck · Rating 4 out of 5]

There are plenty of books about making money, but not enough about teaching children how to manage it wisely. That's what makes this one stand out to me. It's practical, easy to follow, and full of ideas parents can actually use.

[Caleb Schlapp · Rating 4 out of 5]

If you're looking for a book that gives parents confidence instead of making them feel guilty, this is it. I appreciated how encouraging the author was throughout. It feels like advice from someone who genuinely wants families to succeed.

[Douglas Jackson · Rating 5 out of 5]

I found the examples from different cultures especially interesting. It reminded me that there are many ways to teach children about money, but the goal is always the same, raising confident, capable adults. Definitely worth the read.

[Cynthia Janis · Rating 3 out of 5]

As someone who works in financial coaching, I think this is a great resource for parents. So many adults struggle with money because nobody ever taught them the basics growing up. This book offers a practical place to start changing that.

[Tracy M. · Rating 5 out of 5]

One thing I really liked was that the book isn't just about saving money. It's about teaching responsibility, confidence, and good decision-making. Those are life skills every child needs, regardless of what career they choose.

[John Brown · Rating 4 out of 5]

This book left me feeling encouraged instead of overwhelmed. The author explains things in a way that's easy to understand, and everything feels focused on helping families build a stronger future. It's one of those books I'll definitely revisit.

[Dagrisson Amos · Rating 4 out of 5]

As a parent, this book really opened my eyes. We spend so much time teaching our kids how to succeed in school, but very little time teaching them how to handle money. I loved how practical and encouraging this book was. It gave me ideas I can start using immediately.

[Samuel Kharlamov · Rating 5 out of 5]

This is the kind of book I wish my parents had read when I was growing up. The lessons are simple, practical, and incredibly important. Financial literacy is something every child deserves, and this book does a wonderful job showing parents where to start.

[Aaliyah Barber · Rating 4 out of 5]

a teacher, I found this book refreshing. Children learn so many subjects in school, yet financial education is often overlooked. This book fills that gap in a way that's easy to understand and easy to apply.

[Karis Sutherland · Rating 4 out of 5]

I picked this book up expecting a few money-saving tips for children, but I got so much more. It helped me understand the importance of teaching financial responsibility early and gave me actionable ways to do it. A very worthwhile read.

[Noah Alexander · Rating 5 out of 5]

What I appreciated most about this book was its focus on long-term habits. It's not about getting rich overnight. It's about helping children develop confidence, responsibility, and smart decision-making skills that will benefit them throughout life.