Friday, March 7, 2014

Warren Buffett's $ecret Millionaires Club

Developing Healthy Financial Habits



Why I started the $ecret Millionaires Club

by Warren Buffett

We created the Secret Millionaires Club to help kids develop healthy habits, and provide a fun way for kids to learn about the “business of life.” I thought the idea of using the power of cartoon characters to carry a message was a good one, as is teaching financial lessons at an age when it can really help kids.

We’ve taken those same lessons from the television series, and created toys and books and games, providing other ways to make it fun for kids to learn about business. And three years ago, we created a program that encouraged kids to use what they learn from Secret Millionaires Club to create their own businesses.

The Grow Your Own Business Challenge is a national competition available in thousands of schools and youth organizations across the country. The competition offers an educational website and downloadable materials to help kids develop their ideas. Thousands of kids enter the competition every year.

The finalists come to see me in Omaha and present their business plans. It’s a lot of fun for the kids, their teachers, parents and most of all for me! Each year, I am amazed by the ideas these kids come up with. For those who are pessimistic about the current state of affairs in this country, they need only spend a few hours with these terrific kids to see that the best days of this country are before us. The program is proof that at a very early age kids not only understand financial matters, they come up with some pretty extraordinary ideas themselves, and have a lot of fun doing it.



From the website:

The Secret Millionaires Club is an animated series that features Warren Buffett as a mentor to a group of entrepreneurial kids whose adventures lead them to encounter financial and business problems to solve. The program teaches the basic of good financial decision making and some of the basic lessons of starting a business. The animated series has 26 online short webisodes and TV specials featured on the HUB cable network. The animated series is created by A Squared Entertainment. Watch Webisodes In 2011/2012, the animated series branched out into a sponsored educational program, "Learn & Earn" with in-school materials for teachers, at home activities for families and afterschool activities for youth organizations. The program includes an annual national competition that challenges kids to come up with their own business ideas. The winners and finalists of the first annual competition shared their business ideas with Mr. Buffett in Omaha. - 

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More from the website, sample episodes include location, reputation, etc.,

Webisode 26: Cancel My Reputation Build a Good Reputation

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By the way, the Secret Millionaires Club has curriculum guides coordiated with 4-H, Junior Achievement and Girls, Inc. Check out all that is available at the smckids website.

 Ret. 3-3-14

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