What do you think?
Rate this book
The Wisest Investment: Teaching Your Kids to Be Responsible, Independent and Money-Smart for Life
*Winner of the EIFLE award for Best Adult Book of 2022 by the Institute for Financial Literacy.*"A treasure chest of great ideas presented in short, punchy chapters. Excellent!" — David Chilton, author of The Wealthy Barber"One of the questions I get asked on a steady basis is whether I know of any resources parents can use to teach their kids about money. My new go-to resource on this topic is Robin Taub's book, The Wisest Investment." — Rob Carrick, Personal Finance Columnist, The Globe & Mail
"This book is clear, practical, and customized to your kids' age and stage. Buy it, use it and thank me later." — Bruce Sellery, money columnist for CBC and CityLine
If you're too busy parenting to read another parenting book, this book is for you!As parents, you know that teaching their kids about money is critical to success in life, but studies show that many parents feel they lack the time, knowledge and experience to do it well. Add the seismic shift toward a cashless, digital society — accelerated in our post-pandemic world — and it's easy to feel overwhelmed.
With The Wisest Teaching Your Kids to Be Responsible, Independent and Money-Smart for Life (CAD Edition), award-winning Canadian author and Chartered Professional Account Robin Taub puts you at ease by laying out a roadmap for teaching your kids about money.
In The Wisest Investment, you'll
The Five Pillars of Earn, Save, Spend, Share and InvestAge-appropriate (from young kids to emerging adults) examples, actions and guidelines for all Five PillarsHow to instill solid values in your children to help guide and prioritize their financial decisionsHow to help your children establish healthy money habits for lifeHow to capitalize on "teachable moments" about money in countless everyday scenariosHow to enhance your own money knowledge, so you can "lead by example"How to explain and navigate our increasingly cashless societyWritten in short, punchy chapters, it's a go-to resource for time-starved parents like you. Filled with practical guidance and examples, suggested activities, worksheets and self-assessment tools, it's a book you will turn to again and again.
Teaching your kids to be money-smart will pay off in numerous ways and just may be one of the wisest investments you make.
"This book is clear, practical, and customized to your kids' age and stage. Buy it, use it and thank me later." — Bruce Sellery, money columnist for CBC and CityLine
If you're too busy parenting to read another parenting book, this book is for you!As parents, you know that teaching their kids about money is critical to success in life, but studies show that many parents feel they lack the time, knowledge and experience to do it well. Add the seismic shift toward a cashless, digital society — accelerated in our post-pandemic world — and it's easy to feel overwhelmed.
With The Wisest Teaching Your Kids to Be Responsible, Independent and Money-Smart for Life (CAD Edition), award-winning Canadian author and Chartered Professional Account Robin Taub puts you at ease by laying out a roadmap for teaching your kids about money.
In The Wisest Investment, you'll
The Five Pillars of Earn, Save, Spend, Share and InvestAge-appropriate (from young kids to emerging adults) examples, actions and guidelines for all Five PillarsHow to instill solid values in your children to help guide and prioritize their financial decisionsHow to help your children establish healthy money habits for lifeHow to capitalize on "teachable moments" about money in countless everyday scenariosHow to enhance your own money knowledge, so you can "lead by example"How to explain and navigate our increasingly cashless societyWritten in short, punchy chapters, it's a go-to resource for time-starved parents like you. Filled with practical guidance and examples, suggested activities, worksheets and self-assessment tools, it's a book you will turn to again and again.
Teaching your kids to be money-smart will pay off in numerous ways and just may be one of the wisest investments you make.
178 pages, Kindle Edition
Published April 6, 2021
7 people are currently reading
134 people want to read
About the author
Robin Taub
4 books3 followersA Chartered Professional Accountant by training, Robin Taub began her career at KPMG, transitioned into real estate, and then landed in the complex world of derivatives marketing at Citibank Canada. Today, she’s a financial writer, speakerand the bestselling author of A Parent’s Guide to Raising Money-Smart Kids. Robin lives in Toronto, where she and her husband have raised two (mostly) money-smart young adults.
Ratings & Reviews
Friends & Following
Create a free account to discover what your friends think of this book!
Community Reviews
Displaying 1 - 8 of 8 reviews
November 9, 2021
A useful read for anyone who influences children. As a proud auntie, I found it worthwhile so I can only imagine how much parents need to read this.
December 8, 2021
This book is well worth reading!
No one likes to talk about money, which is why The Wisest Investment is so valuable. Truthfully, I wish this book was around when I was raising my children. But, I'm glad I found it while they are still young adults. Robin's book is a pragmatic guide and will help ensure your kids get off on the right foot, in terms of building a healthy relationship with money. I took away some great tips for myself as well!
Roberta Matuson
Author, Can We Talk? Seven Principles for Managing Difficult Conversations at Work
No one likes to talk about money, which is why The Wisest Investment is so valuable. Truthfully, I wish this book was around when I was raising my children. But, I'm glad I found it while they are still young adults. Robin's book is a pragmatic guide and will help ensure your kids get off on the right foot, in terms of building a healthy relationship with money. I took away some great tips for myself as well!
Roberta Matuson
Author, Can We Talk? Seven Principles for Managing Difficult Conversations at Work
May 9, 2021
This book is full of real-world advice for parents on how to raise kids who will be responsible with money and understand the different ways you can use it and what effect that has on your life and the world. It covers everything from saving to investing and even donating to charity and giving back. The book is very current and even includes information about the pandemic. It covers learning at all life stages, so it's an excellent resource for parents with kids of any age!
December 10, 2021
I'm the author and a CPA, CA by training. I put my heart, soul and brain into writing a great book!
This book helps parents with this very important responsibility: teaching their kids about money and preparing them to be financially responsible and independent young adults.
The book is written in a very accessible style, to put parents at ease. Many parents find the whole idea of teaching their kids about money to be overwhelming. They don’t know where to start or how to go about it. Others have tried to teach their kids but don’t feel they’ve been successful. Many parents worry that their kids won’t be prepared for life’s important financial decisions.
Each chapter focus on a specific age group, starting with young kids, then preteens, teenagers and emerging adults. Within each chapter, there are detailed guidelines, examples, anecdotes and actions for that stage of your child’s life, for each of the five pillars of money: Earn, Save, Spend, Share and Invest.
The Wisest Investment is an engaging and practical resource for parents with kids of all ages, one they will refer to again and again.
This book helps parents with this very important responsibility: teaching their kids about money and preparing them to be financially responsible and independent young adults.
The book is written in a very accessible style, to put parents at ease. Many parents find the whole idea of teaching their kids about money to be overwhelming. They don’t know where to start or how to go about it. Others have tried to teach their kids but don’t feel they’ve been successful. Many parents worry that their kids won’t be prepared for life’s important financial decisions.
Each chapter focus on a specific age group, starting with young kids, then preteens, teenagers and emerging adults. Within each chapter, there are detailed guidelines, examples, anecdotes and actions for that stage of your child’s life, for each of the five pillars of money: Earn, Save, Spend, Share and Invest.
The Wisest Investment is an engaging and practical resource for parents with kids of all ages, one they will refer to again and again.
June 17, 2021
Robin's book was a great afternoon read full of thoughtful discussion points and ideas for parents to connect with their children about money. As I read it, I thought of what my own parents did and did not teach me about money! I think this book is an essential read for parents and helps make knowledge about money and finances accessible.
June 7, 2022
Being a new mom, I believe it's important to teach children money management skills as they grow up. Robin makes it easy for parents to understand how to get their kids motivated to learn and apply various real life and practical methods when it comes to money. I also won another copy of her book so I gifted it to my friend who has 2 kids so that their family can also become money savvy!
July 7, 2022
This book covers all the foundations of saving, investing, spending, and giving for different age groups. It gives parents age appropriate ideas and discussion points to start these conversations. I personally didn’t learn anything new which is why I only gave it 3 stars. It can certainly be a 5 star read but maybe more for those who are struggling with money management.
March 8, 2023
Finally! A powerful book to teach your kids about money.
Most of us struggle with our own finances and the national stats on saving, credit card debt, car loans and retirement bear that out.
Given our own poor money skills, one could argue that us teaching our kids about money would be doing them a disservice from which they may never recover.
Robin’s book lays out both a framework for thinking about money as well as a family curriculum to equip children of each age group with the tools they need to understand everything from credit to cryptocurrency and from debt to debit. The book even includes helpful worksheets to track financial progress of both parents and kids.
Buy this book, spend some time on it with your kids and, in a structured way, save them from all the financial mistakes you’ve made!
Most of us struggle with our own finances and the national stats on saving, credit card debt, car loans and retirement bear that out.
Given our own poor money skills, one could argue that us teaching our kids about money would be doing them a disservice from which they may never recover.
Robin’s book lays out both a framework for thinking about money as well as a family curriculum to equip children of each age group with the tools they need to understand everything from credit to cryptocurrency and from debt to debit. The book even includes helpful worksheets to track financial progress of both parents and kids.
Buy this book, spend some time on it with your kids and, in a structured way, save them from all the financial mistakes you’ve made!
Displaying 1 - 8 of 8 reviews