Each time you go to the grocery store with your kids, it is a potential learning opportunity. In order not to overemphasize materialism, focus on other things to do with money. In 'Beyond the Lemonade Stand,' I try to emphasize the importance of saving money, and of using it to help other people.

My best friend Jerry started a boat-washing business, and it was one of the most critical experiences of my life. I got to meet a lot of people who were entrepreneurs. My parents were schoolteachers, and I was now meeting people who owned companies. I realized that if this guy can do it, why can't I?

One important lesson is this: It is okay to try and fail at something, but it isn't okay to not try. Parents need to encourage their kids, and it all starts in the home.

Bill Rancic Quotes