If you want to teach your children to SAVE, SPEND and DONATE money wisely, then you've found the best tool for it!

Know this: Our school system - public and private - grammar, high school, college - FAILS to teach our children any real wisdom about money management.

• Does it teach our children how to have money work for us (a.k.a. investing)? No!
• Does it teach our children about Return On Investment ("ROI")? No!
• Does it teach our children to tithe or donate? No!

So, the bottom line is that if you want your children to grow up to be that 10% of the American population that pays their bills without using credit cards, that have investments that generate passive income, and that have an opportunity to achieve financial independence, well, then, it's UP TO YOU to teach your children about all of that.

And, what if you don't know the difference between active and passive income? And, what if you don't know what ROI is or how to get it? And, what if you don't have enough time in the day as it is, never mind adding another "to do" item to it?

And, the scariest situation of all . . . what if you only know what your parents taught you (that is, "save for a rainy day"), and what you've learned the hard way as an adult (credit card debt is a huge monkey that you carry around forever)?

Well, if that's the case, then you're in the right place! I learned some money management as a child, some things about stock market investing as a child, lots of things about getting into debt as an adult, lots of things about wealth creation as an adult, and lots of things about what does and doesn't work in passing all of this wisdom on to our children.

If you've read "Rich Dad, Poor Dad," or "The Automatic Millionaire," or have attended "The Millionaire Mindset," or have done the "Transforming Debt into Wealth" program, or anything like that, then you are very well equipped with the necessary knowledge. But, how to you transform that knowledge into teaching tools for your children?

Well, my story is this: I was born with an instinctive combination of teaching, creativity, mathematics and advocacy. Thus, I became a lawyer.

As a lawyer, I teach my clients as well as advocate for them. I'm in an area of law where the teaching part is just as important as the advocacy part (divorce law). Before I was a divorce attorney in NW NJ, I managed a group of attorneys at Morgan Stanley who focused on retail brokerage accounts.

As my teaching instincts have always been alive and well, I have had various outlets for them - teaching English as an second language as an LVA (Literacy Volunteers of America), tutoring high school students on SATs (and helping them improve their scores enough to get in to top schools), teaching grade school children how to make craft projects, teaching other attorneys at Morgan Stanley about securities and settling securities disputes, and now, I am (along with my husband) homeschooling my 3rd Grader.

God has given me two wonderful unique gifts - being able to understand how a child thinks, and then being able to then find a way to make a child's learning fun! And, then the "adult" lawyer in me takes that information and turns it into something that a parent can use and understand!

So, when my daughter was in pre-K, I became very tuned-in to how she felt about money and how we could "teach her the right to handle money" - right from the beginning (with the thought that maybe she could avoid learning it "the hard way," like we did).

I created the Kids' Bank concept - a 4-part bank. But not any 4-part bank - a 4-part bank that would treat dollar bills respectfully (and not squeeze them into a tiny slot). A 4-part bank into which the grandparents' birthday gift of $10.00 could easily be divided. A 4-part bank that you didn't have to break to get to your money. A 4-part bank that would be fun for a 4 year-old or even a 14 year-old to use.

Fortunately, the manufacturing of gadgets for children is not as easy as it would seem, or else "The Kids' Bank Book" might never have happened. While I was researching the development of a "toy" bank, I was writing the "Instruction Manual" for "The Kids' Bank."

And, of course, the "Instruction Manual" evolved into what is now, "The Kids' Bank Book" ebook.

• There are lots of reasons why a piggy bank will teach your children exactly the wrong things about money.
• There are lots of reasons why a passbook savings account will teach your children absolutely nothing about money.
• And, there are lots of reasons why continuing the "save for a rainy day" mantra will guarantee your children the same debt-ridden pain and suffering that 90% of American's experience every day.
• 1st Bottom Line: There are lots of reasons why the supposedly "tried and true" approaches to teaching kids about money are actually "tried and failed."
• 2nd Bottom Line: There are lots of reasons why simply putting a plastic 3-part or 4-part bank on a kid's desk, accompanied by a serious talk, will get them nowhere.

Browse around here and find out what those reasons are, and what you CAN do to teach your child how to build wealth.