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I am a dedicated dripper that feels my biggest mistake I made concerning drips was to wait until I was just over 30 to get into it. My daughters are 6 and 9 and I would like to get them started now. While I could just go start it for them, I would rather give them some insight as to what they were doing and why, esp my 9 year old, that reads about at a 13 yr old level. Any rec's for some good books designed for her?

Thanks
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I started my son on "Money Matters for Kids" by Lauree Burkett and Christie Bowler. It's on money management and adapted from materials by Larry Burkett. One more specially on investing is "Growing Money: A Complete Investing Guide for Kids" by Gail Karlitz. (It's pretty helpful for the grown-up newbies too.)

If you go to Amazon or Barnes&Noble, do a search for children's books, reference, money management or investing. It'll turn up some more. And I think Barnes&Noble still has a free shipping deal going.

Hope this helps.
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Tim,

It's not a kids book but worth buying and giving to them when they're older:

"The Millionaire Next Door"

I can't give you the 2 professor/authors names. Somebody borrowed my copy and has yet to return it. CHRIS IF YOU'RE READING!!!

When I was young (back when Gordon Scott was Tarzan) the only thing my parents taught us about investing was, "Put 10% of your money in the bank for the future". Knowing what I know now it's hard to believe my parents did well. But when I read that book I saw my father everywhere in it. In fact I was quite sure he could have done a better job at writing the chapter on how multi-millionaires buy cars.

He has always dealt with people honestly and gives everyone he meets credit for being honest too. But when it came to used or new cars watch out:

He always bought on a rainy day in November(he'd keep the salesman out in it forever). He would tour the lots looking for cars he liked. Then he'd walk onto a car lot and ask to test drive a car. They'd throw him the keys. He'd then drive the car to another dealer, park in front and ask to test drive a car off that lot.

He'd leave knowing the salespeople would check out the car he came in assumming it was a "trade in" only to discover it came from another car lot. The next night he'd do the exact same thing but in reverse. The result was he'd have 2 salesmen bidding against each other. He'd never buy under less than three weeks negotiating and until he and one salesman were arguing over $5. He always got more than 25% off the asking price (new cars too!).

The thing about the book is that it describes the habits of people that are worth at least $10 million US. The findings were that the majority were blue collar workers, entrepreneurs right out of high school, married to the same partner, lived modestly and poured everything into "unrealized capital gains".

It's a very entertaining insightful read. I never thought about money until I had to go on disability and I don't have to worry now. But I decided to take charge for myself and learn to understand money. 30! I wish I'd come across this book at 40 instead of 45.

OB
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I am a dedicated dripper that feels my biggest mistake I made concerning drips was to wait until I was just over 30 to get into it.

If it's any comfort, I waited until my mid-40's to start. <g>

My daughters are 6 and 9 and I would like to get them started now.

Here's my recommendation:
http://www.fool.com/dripport/2000/dripport000816.htm

Cheers -

george
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<<The Millionaire Next Door">>

Author: Thomas Stanley

Odee
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Oops...there are two. I just remembered I have the book here at work.

Thomas J. Stanley, Ph.D. and William D. Stanko, Ph.D.

I have not completed the book yet, but find it fascinating...even my mother started to read the book this past weekend.

Odee
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