Volume 4 – Number 1

How to Improve Your Child’s Financial Literacy

We’d like to inform you of a great educational opportunity for any young person. Warren Buffett, the Chairman and CEO of Berkshire Hathaway and one of the world’s wealthiest individuals, has leant his voice-acting talents and his sage wisdom to an online animated series called the Secret Millionaires Club. Buffett stars as a mentor to a group of entrepreneurial kids whose adventures lead them to encounter financial and business problems to solve. Each episode teaches a different lesson such as the importance of location to the success of a business, the value of saving money, and the value of one’s personal reputation.

Because financial literacy is usually not part of the school curriculum for young children, we think these online videos are a great tool for parents to help fill this gap in a child’s education. We strongly feel that even a marginal improvement in financial literacy of young children (we think age 7–14 is the target audience for this series) will reduce the odds of financial hardship and increase the odds of financial security later in their adult lives.

All 26 episodes are available for free on the Secret Millionaires Club website. Furthermore, parents can download activities associated with each of the episodes that will help their children better understand and process the lessons of the episode. We don’t think educating a child on this subject could have been made any easier for parents or grandparents!

All episodes are just three and a half minutes long and we think an investment of time in this activity is one that bears no risk and has enormous upside. We encourage you to view some or all of these episodes with any young children who are a part of your life. If you don’t have children or grandchildren, but know someone who does, please forward this message to them.

On Being Wrong

We’ve sent this video to you before, but we think it is so important that we are doing it again. “Wrongologist” Kathryn Schulz says most of us will do anything to avoid being wrong. But what if we’re wrong about that? In this video, Schulz makes a compelling case for not just admitting but embracing our fallibility. Read more

What 5 Counterintuitive Things Can Help You Make Better Choices?

Having lots of choices isn’t necessarily a good thing. Just think of the cumulative hours wasted in our lifetime trying to figure out which tube of toothpaste is the best deal. However, there several things we can do when faced with a deluge of options that can improve the odds of making a better choice as well as a choice that makes us happier. Read more

Updates on America’s Booming Energy Sector

America’s energy industry continues to be one of the strongest engines of growth for the U.S. economy, thanks to the advanced drilling technologies that have given energy companies access to oil and gas saturated shale rock formations from Texas to North Dakota to Pennsylvania. The news coming from the U.S. oil and gas industry continues to be incredibly positive and provides one of the best reasons to be optimistic about the future of America’s economy. Read more

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  • He who stops being better stops being good.

    — Oliver Cromwell