WSJ: Five Holiday Gifts for the Financially Inclined


If you've had enough conspicuous consumption this holiday season, consider giving the gift of financial savvy.

Skip the chocolate Santas and the big TVs; instead get your family some stocking stuffers that might just put them on the road to financial security. They could be the gifts that keep on giving.

Here's a list to get your creative juices flowing:

1 A Piggy Bank

Encourage the savings habit by giving your kid a piggybank. No kids?

Then get one for Dad. Unlike women, men have few places to store loose change. So help your men tidy up and try a pig. You can get a fine-looking one from Child to Cherish for $19 in a variety of colors.

2 "Laws of Money"

For me, the holidays wouldn't be quite right without some uplifting reading. Try The Seven Laws of Money by Michael Phillips. First published in 1974, this book has lost none of its freshness. It'll give you a philosophical approach to thinking about the green stuff as opposed to the more usual save-more-spend-less dogma.

I first picked up a copy in 1994. Now very thumbed, it still sits on my bookshelf, primarily because it inspires me. For example, the first law states "Do it! Money will come when you are doing the right thing." You'll find deep truth in this slim volume. An illustrated edition from Clear Glass Publications will cost you $20.

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