Ask a dozen people who their favorite investing guru is and chances are at least half will mention the legendary Warren Buffett, chairman of Berkshire Hathaway. Ask Andy and Amy Heyward who we should all pattern our financial behavior after and they’re going to give you that same answer.
Co-founders of the entertainment production company A Squared Entertainment, the Heywards have created an animated television series that teaches financial literacy to both kids and adults, with Buffett himself as a character. Now they’ve written a similarly Buffett-approved book that expands on that show’s name and vision: Secret Millionaires Club: Warren Buffett’s 26 Secrets to Success in the Business of Life.
The book begins with Buffett introducing the premise of the show and book, “a very special club where four 14-year-olds and a robot help other kids — and adults — answer questions and solve problems about money and business, as well as offering some really good advice that will serve you for a lifetime!”
Though the book’s 26 secrets — Always think of new ideas, for example, and Your decisions affect your future — might seem a bit simplistic at times, the stories that explain them (one per chapter) are both entertaining and compelling.
I liked the book’s lighthearted approach to teaching the basics of personal finance with help from Warren Buffett himself. Though Buffett didn’t write the book, his wisdom and advice form the core of its teachings and are presented in an informal, conversational style that’s perfect for young readers. The many illustrations pulled straight from episodes of the animated TV series add in even more of a youthful touch, as do the appearances from famous “guests stars” such as Bill Gates, Jay-Z, Gisele Bundchen and Shaquille O’Neal.
Read Secret Millionaires Club if you’d like your kid (or, shhhh — maybe even yourself) to be a bit more financially savvy. After spending an hour or so channeling Warren Buffett through the Heywards’ words, you’ll soon be wishing you could knock on that Secret Millionaires clubhouse door yourself! Find more online at www.smckids.com.