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Ten Books I’m Thinking About Paying My Kids to Read

By JLP | March 7, 2012

Below are ten books that I think my kids would benefit from reading before they venture off to college. In fact, I think they are worth reading enough that I would be willing to pay my kids $50 – $100 per book to read them (feel free to discuss below whether or not you think parents should pay their kids to read).

So, what books am I talking about? Well, off the top of my head, I assembled the following list in no particular order along with the amount I would be willing to pay my kids to read them in parenthesis.

Success God’s Way by Charles Stanley ($50). This has become one of my favorite books on success because it’s written for Christians.


Think and Grow Rich by Napoleon Hill ($50). A classic. The language and some of the ideas are dated but the message is still very good.


Basic Economics (4th Edition) by Thomas Sowell ($200). Thomas Sowell is one of my favorites. This is a pretty large book. I would pay $200 for this one.


Economics in One Lesson by Henry Hazlitt ($50). This one’s an oldie but a goodie. Written in a very easy-to-understand way. One of my favorites.


Common Sense Economics (Revised Edition) by James D. Gwartney, Richard L. Stroup, Dwight R. Lee, and Tawni Hunt Ferrarini ($50). I thought about not including this one in the group because it might be overkill. However, it’s a great book and could serve as compliment to Hazlitt’s book. Therefore, I want my kids to read both.


How to Win Friends and Influence People by Dale Carnegie ($50). A classic if there ever was one. This is an excellent book on how to relate to other people. This book was first published in 1936 and the information it contains has never gone out of style.


Goals! by Brian Tracy ($50). This is the best book I have ever read on goal setting—one of the best things your kids can ever do for themselves.


How an Economy Grows and Why it Crashes by Peter and Andrew Schiff ($50). This is a fictional story about an economy that starts out with three fishermen alone on an island. Start it and you won’t be able to put it down. Excellent illustration of an economy.


Wooden on Leadership by John Wooden and Steve Jamison ($50). Just an all-around good book by an all-around good man.


Dig Your Well Before You’re Thirsty by Harvey Mackay ($50). A book on networking. Remember: it’s not what you know as much as it is who you know. Sure you, have to have both. You know what I mean.

Topics: Books, Kids and Money, Personal Growth | 6 Comments »

6 Responses to “Ten Books I’m Thinking About Paying My Kids to Read”

  1. Chris Says:
    March 7th, 2012 at 8:16 am

    Don’t know where you shop for Sowell’s books, but I only paid around $20 for my copy… (Probably was worth $200, though!)

  2. JLP Says:
    March 7th, 2012 at 8:31 am


    That’s how much I would pay my kids to read the books. Maybe I need to make that more clear…hahaha.

  3. Kate Deals Says:
    March 7th, 2012 at 12:47 pm

    I have thought about paying my child to read personal finance books. You are a bit more generous than I would be. It’s a great idea with summer vacation around the corner. Will you require a discussion or report from your kids on the books?

  4. Sam Says:
    March 8th, 2012 at 11:44 am

    Good list. Would you pay me to read them? I don’t need much ;o)

  5. Lon Nickles Says:
    March 8th, 2012 at 4:18 pm

    As a complimentary text to one of your listed books, have you ever read “How to Win Friends and Influence People in the Digital Age” by Dale Carnegie & Associates with Brent Cole? I haven’t had a chance to read it yet…

  6. Todd Hickman Says:
    March 8th, 2012 at 5:50 pm

    Gadzooks! No “Free to Choose” by Milton Friedman?!