When I was a kid, I knew nothing about money. I graduated high school with enough fiscal knowledge to balance my checkbook (which I had to do because I spent every red cent I earned). It took a lot of time, a lot of mistakes and a good hard shove from Dave Ramsey to begin to get my fiscal house in order. I can’t tell you how important it is to me that I instill good and sound fiscal knowledge in my kids. I never want them to have to deal with the stress that comes with making the financial mistakes that I have.
When I was contacted to review Toby Gold and the Secret Fortune I jumped at the chance.
I started reading this to the kids as soon as we got it. Over the next few days the phrase I heard most was “can you read more Toby Gold?”
Toby Gold is an orphan with an uncanny knack for numbers and especially money. Jaded by his experiences in foster care, Toby trusts few people and confides in ever fewer. In an unexpected turn of events Toby and his two best friends find themselves in the middle of a massive conspiracy filled with secret messages, fraudulent accounts, insider trading, fraud and violence. Throw in a few super-natural powers and we have a recipe for a very entertaining book! Woven in with the impressive storyline are easy to understand lessons on personal finances, balance sheets, net worth, retirement accounts, the stock market and more. The lessons within aren’t just fiscal, they are historical and filled with truth. The names of Adam Smith, David Hume, Julius Nepos, Karl Marx, and Adolf Hitler are all names that you will become familiar with. How many books will a fourth grader read and come away saying “Mom, can you tell me about Adam Smith?”
I LOVED this book. As a homeschooler I love finding books that can entertain and teach at the same time. Toby Gold does for economics what National Treasure did for American History. I can’t tell you how satisfying it was for me to walk around the grocery store with my four kids while explaining compounding interest, investment accounts, publicly traded companies, single stocks, mutual funds, and risk. I imagine I got more than a few strange looks while putting bananas and tomatoes in my basket since I was also saying things like “diversify your investments” to my inthralled 9 year old daughter. There are not very many books at all that would encourage those kinds of questions!