Smart Mom, Rich Mom

How to Build Wealth While Raising a Family

 Smart Mom, Rich Mom

Author: Kimberly Palmer
Pub Date: June 2016
Print Edition: $14.95
Print ISBN: 9780814436806
Page Count: 256
Format: Paper or Softback
e-Book ISBN: 9780814436813

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Back Cover Copy

“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

“As someone who grew up in a family where money was mysteriously managed by my Dad and talked about in whispers, who was ignored by male financial advisers who talked only to my husband even as I held all the paperwork, and who’s been terrified of budgets my whole life, Kimberly Palmer’s Smart Mom, Rich Mom is not only a breath of fresh air, but essential reading. This is the book I needed 20 years ago. Smart. Practical. Inspiring. Palmer demystifies money at every stage of the life cycle, argues convincingly why this matters for women, and, thank God, for those of us who’ve made dumb decisions in the past, shows how it’s never too late to change. — Brigid Schulte, author of the New York Times bestseller, Overwhelmed

“Smart moms don't need more tips about pinching pennies or clipping coupons. They need strategies to help them build real wealth over time. They need to know how to grow their own incomes, set aside money for retirement, pay for their children's college educations and deal with the financial realities of unpaid maternity leaves and child care. In this must-read guidebook, financial columnist Kimberly Palmer offers tools, information and advice to help you create the life you want for your family.”— Liz Weston, author of The 10 Commandments of Money

“This book is the guide every mom needs to make sure she is creating wealth for family. If you want to be able to send your kids to college, retire one day and go on the vacations you want, Smart Mom, Rich Mom is essential — and enjoyable — reading.” — Farnoosh Torabi, Financial expert and host of the award-winning podcast, So Money.

“Most financial advice for women dwells on coupons and shoes. Not this book. Kim has created an empowering guide for moms who want to take care of their families financially and build real wealth in the process.” — Laura Vanderkam, Author, I Know How She Does It

"It’s up to us moms to take care of our families—financially and otherwise—and this book shows us how. From saving for college to funding our own retirements, Smart Mom, Rich Mom gives us the game plan we need to build wealth for our families. I can’t wait to give a copy to my daughters! — Barbara Stanny, author, Secrets of Six-Figure Women and Prince Charming Isn't Coming

With the cost of raising a child to 18 estimated at $250,000 and college tuition climbing, savvy mothers know that their family’s well-being depends on financial security. For many, that means protecting their earning power and strategizing to bolster their long-term financial health—not just clipping coupons.

National money expert Kimberly Palmer looks at the intriguing range of choices women are making today as they balance the reality of rising expenses with their desire for satisfying professional and family lives. Drawing on diverse experiences, Smart Mom, Rich Mom provides inspiring stories from the frontlines of working motherhood and career advice for staying in the game on your own terms.

Smart Mom, Rich Mom shares wise spending and investing strategies to build your wealth in the challenging years ahead, while keeping your family healthy, connected, and happy.

Kimberly Palmer, author of The Economy of You: Discover Your Inner Entrepreneur and Recession-Proof Your Life, was the senior money editor at US News & World Report for nine years. She is an adjunct professor at American University, where she teaches a course on mastering social media. She has appeared on NBC’s Today Show, CNBC, CNN, and local television and radio shows across the country to talk about smart financial decisions. She lives with her family, including two children, in the Washington, D.C., area. You can find her at

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