I’m good friends with Warren Buffett,
He’s gonna teach me how to do my best, learn to invest
And have a lot of fun doin’ it…
Well, that’s how the jingle begins for the cartoon series called “Secret Millionaires Club” (SMC) where Warren Buffett (in his own voice) teaches kids the basic of good financial decision making and some of the basic lessons of starting a business.
While my 11-year old daughter loves the lessons Buffett teaches, my 4-year old son loves the jingle itself, and thus I have to often watch some videos from the series alongwith them. 🙂
“It’s not intended to teach kids how to read a balance sheet,” Buffett says about SMC. “It’s meant to provide a fun way for kids to understand business and develop good habits from an early age.”
SMC has lots of good lessons about money such as learning not to spend more than you have, and saving for the unexpected, and not borrowing money unless you have a plan to pay it back. The series shows the consequences that can happen if people don’t make wise decisions.
Some of the other lessons kids (and adults) can learn from this series include…
- The best investment you can make is an investment in yourself.
- The more you learn, the more you’ll earn.
- Find something you enjoy doing and you’ll never work a day in your life.
- Treat other people the way you would like to be treated.
- Never trade your reputation for anything.
Then, there’s the most important lesson Buffett doles out on making mistakes – “Learn from your mistakes. Better yet, learn from the mistakes of others.”
And finally, on failure – “Failing is not falling down…it’s staying down.”
You can watch all 26 episodes of the series here .
I find SMC a fun-filled and effective way to pass on critical lessons on money and business to my child. I am sure you will not find it any different.