Smart Mom, Rich Mom, Kimberly Palmer
Smart Mom, Rich Mom, Kimberly Palmer
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Smart Mom, Rich Mom
How to Build Wealth While Raising a Family

Author: Kimberly Palmer

Narrator: Karen White

Unabridged: 6 hr 37 min

Format: Digital Audiobook Download

Published: 08/02/2016


Synopsis

Of all life’s financial shocks, few compare to bringing home an infant. Just one tiny person costs $250,000 to raise—not including college! How will you pay for it? That agonizing question fuels mothers’ choices about their careers, budgets, and families. Some lean in, some scale back or seek new opportunities—there are no easy answers, but lots of rewarding possibilities. Smart Mom, Rich Mom explores how women today are navigating the financially challenging career/parenting years. Written by a national money columnist and mom of two, the book chronicles people who have stayed in the game—full time, freelance, self-employed, and more—and emerged more prosperous and empowered. Smart Mom, Rich Mom mines their experiences to uncover both career advice and spending and savings strategies that everyone can use. Stories, checklists, action steps, planning tools, and more explain how toprepare financially for parenthood—whether you’re expecting your first child or your third;balance thrift with generating income and investing wisely;find flexibility at work while safeguarding your earning potential—save for both college and retirement despite increased expenses; plan for unexpected events, like a layoff or illness;and much more.Kids change our lives, adding joy but draining bank accounts. Smart Mom, Rich Mom helps you adopt healthy habits—and make hard decisions—that pay off in abundance.

About Kimberly Palmer

Kimberly Palmer is senior money editor and Alpha Consumer blogger at US News & World Report. She is the author of Generation Earn: The Young Professional’s Guide to Spending, Investing, and Giving Back, as well as a series of financial guides, Palmer’s Planners, sold through her Etsy shop. Kimberly has appeared on NBC’s Today show, CNBC, CNN, and local television and radio shows across the country to talk about smart money decisions. She lives with her husband and two children in the Washington, DC, area.

About Karen White

Karen White has been narrating audiobooks of all genres since 1999. Honored to be included in AudioFile’s Best Voices, she’s also a four-time Audie Finalist and has earned multiple AudioFile Earphones Awards and Library Journal starred reviews.


Reviews

Goodreads review by The Suburban Eclectic on June 07, 2016

I liked the personal anecdotes and the tone in the beginning was engaging and relevant. Yet, as it went on the chapters felt very similar and repetitive. However I found the checklists and templates at the back the best part and I look forward to using them. Palmer advises women to keep working in s......more

Goodreads review by Amanda on October 18, 2017

Good tips geared towards the working mom, but doesn't go into the type of details I would expect from a book with this title. More of a financial parenting memoir than a how-to guide.......more

Goodreads review by Karen on February 28, 2018

The target audience of this book seems to be young women currently in a salaried 9-5-type job and are married to a partner who also works, are either planning to become pregnant/pregnant with their first child/first child was just born recently, and whose own mothers did not handle the finances in t......more

Goodreads review by Natali on May 23, 2016

I think this book is better served if you see it as a mom's manifesto rather than a how-to guide to managing money. The author lists A LOT of things that smart moms should be doing like managing investments, saving for retirement, managing online identities and personal documents, etc. If I were the......more

Goodreads review by Wendy on November 08, 2016

I love how this book changes the conversation from clipping coupons to a more powerful message of how to create wealth and financial independence for your family. The big picture discussion, along with tips to create wealth, with humor and real-life mom examples, was so helpful. This book is fabulou......more


Quotes

“Her general points—for example, that the spending and saving habits we develop in our twenties have a significant impact on our financial future—are solid. And she is occasionally very witty.” New York Times

“Excellent book…This invaluable resource does much more than fill a niche; it bridges a huge gap.” Publishers Weekly (starred review)

“For every woman who has struggled with the concept of investing or groaned at the thought of retirement funds and college tuition.” Foreword Reviews

“Anyone who tells you women don’t need financial advice specifically for them is wrong. Whether you’re the caretaker, the breadwinner, or both, Smart Mom, Rich Mom will be an indispensable resource for you.” Jean Chatzky, financial editor, the Today show