The Author




Kristan Leatherman, M.S. and Jim Fay Apply Love and Logic Principles to Kids and Money


What will you learn in the Millionaire Babies or Bankrupt Brats book?

  1. Learn how to put a stop to kids chronic begging and arguing in the store

  2. Discover how tying chores to allowance doesn’t work

  3. Learn how to end the constant battles over chores

  4. Find out what allowance really “allows”

  5. Explore how much allowance to give and how often 

  6. Learn how to teach kids to spend, save and earn their own money wisely

           (instead of yours!)

  1. Discover the real cost between affordable mistakes and unaffordable mistakes

  2. Explore how the Love and Logic® approach puts the fun back into parenting

  3. Learn how to use everyday opportunities to teach kids about needs, wants and delayed gratification

  4. Discover its never to late to learn, even for boomerang kids 

Regardless of your child’s age—from toddler to teen to young adult—straightforward answers to questions about teaching kids about money are found in the book Millionaire Babies or Bankrupt Brats?

                               Millionaire Babies or Bankrupt Brats?

                           by Kristan Leatherman, MS & Jim Fay

                           Millionaire Babies or Bankrupt Brats? provides an approach that allows everyone to reap

                               the benefits. Children benefit because they learn how to solve their own problems, while

                               gaining the confidence and capability they need to meet life’s financial responsibility challenges. And parents benefit because they establish healthy control now, without resorting to anger or threats, and without the guilt of having to rescue their kids later when they should be financially independent.

You will learn how to:

  1. set limits with your children without losing their love.

  2. do what’s best for your children without feeling guilty.

  3. do what’s right in the short term to prevent financial problems in the long term.

This book teams up America’s parenting experts, the Love and Logic Institute®, with time tested tools, financial strategies, and principles to produce a book for anyone who wants to profoundly influence the quality of a child’s life for the future.  Financial responsibility is truly the ultimate gift any parent can give their child.

This book turns cents into sense!

Purchase Millionaire Babies book, click here

                             Love and Logic Moneyisms:

                       Wise Words About Raising Money Smart Kids

                             By Kristan Leatherman, MS & Jim Fay

                                  Love and Logic Moneyisms: Wise Words About Raising Money Smart Kids is a collection of 126 of the most brilliant things                                                                      

ever said about raising money savvy kids. Each page features a single thought provoking insight that could leave you wanting to know more. Additional information is provided by the author's first book, Millionaire Babies or Bankrupt Brats?

Purchase Love and Logic Moneyisms book, click here

Frequently Asked Questions

How is Millionaire Babies or Bankrupt Brats? different from other books?
While there are other books about kids and discipline, and other books about kids and money, Millionaire Babies or Bankrupt Brats? is really two books in one. It combines teaching both personal responsibility and financial responsibility, because the two are inextricably intertwined.  Instead of just telling parents they need to set limits on spending, as with many other books in its genre, it shows parents how. This book will take you through the steps needed to make teaching character and money count together to avoid spiritual and financial “bankruptcy”.

Why is teaching kids about money important now?  Why does the Love and Logic® way work?
Many people make the mistake of thinking that kids don’t need to learn about how to manage their money wisely until they become teenagers or leave home for the first time. The financial signs of our time make

the information in this book timelier than ever. Millionaire Babies or Bankrupt Brats? is about raising

self-reliant kids in a self-indulgent world and shows parents how to start early and often to prepare them for the real world of life.

After all, your children may well be your future financial caretakers.

Why is this the one parenting book about money you must have if you have children?
When a baby is born it is more than a millionaire to its parents, it is priceless.

Yet our children can become bankrupt in more ways than financial if we don’t prepare them for the realities

of the world they will inherit. No parent wants to see their children struggle financially. Millionaire Babies or Bankrupt Brats? uses a powerful combination of strategies and principles that help you teach your children about all aspects of money.

Millionaire Babies At a Glance

  1. Bullet Table of Contents

  2. Bullet Excerpts from the Book Book reviews

“Millionaire Babies or Bankrupt Brats? utilizes the best of Love and Logic to raise money wise children. And in this world, there is little more important than to raise functional adults”.

-Armchair Interviews

The content of this book should be taught in schools....for kids and parents and teachers alike!”

-Heike Vargas

“As Wall Street crumbles more each day there has never been a more important time to teach your children about money. This book can guide you through teaching very young children basic things about money, and savings and can carry you through their teenage years”.

-Michelle Dunn, Columnist

Click here for more Online and Newspaper reviews.

To Purchase an Autographed copy from Kristan, email your request:



teaching kids about money seminars Are you, or is someone you know, in the position to influence the life of a child?  If so, you can benefit from attending one of Kristan’s money smart seminars.  Find out more here.  

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How The Millionaire Babies book CAme about...

The idea for Millionaire Babies grew from Kristan's presentations to hundreds of parents and teachers, whose questions invariably lead to lively discussions about how to handle the enduring challenges of raising financially capable and responsible kids. While this may seem a daunting task in today's complex world, Kristan is dedicated to providing simple tools and effective solutions that adults need to raise happy, self-supporting kids.