The Wela Way Chosen as One of Discover's Favorite Blogs!

The  Wela Way

Creating a Life of Meaning and Financial Well-Being

Our mission is to help increase the financial and life success skills of our youth globally. Why? So they can achieve their full potential and share their gifts with the world.

We work with families, organizations, charitable foundations, schools and individuals committed to this outcome.

Nancy Phillips, creator of the Wela Way, discusses the importance of the GISS (Give, Invest, Save, Spend) Method of Money Management

The Steps to Success Teen Guide, 25 Financial and Life Lessons to Help You Achieve Your Dreams
Reviewed by the Financial Industry Regulatory Authority

Nancy Phillips, Founder DollarSmartKids Enterprises and Creator of the Zela Wela Kids

with mentor Jack Canfield, Creator of The Success Principles

By providing financial and life success skills resources to families, we can change the course of history for the next generation.

Where did the name Zela Wela Kids come from?

The inspiration of children and their brilliance and passion! The word wela is the root of the word “wealth” and means an abundance of valuable resources and possessions. Since all young children have an infinite supply of “valuable resources” within them – such as determination, imagination, optimism, perseverance and the belief they can do anything – this seemed a natural choice. Nancy and a group of children came up with the word zela while playing a game to find something fun that rhymed with wela, luckily the last letter worked!



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"Hi Nancy, I am so grateful that I went into Save-On that day and came across your books. It is so fantastic to read them to my girls and watch their little minds grow, and yes, as you said, no more temper tantrums in or leaving stores! I'm lovingly firm in 'let's put it on your wish list' and surprisingly they have barely anything on that list! It was “in the moment” that they had hard time with. I have been talking about your books to everyone I know, and I even carry them with me in my purse. Lol and so many people are just in awe! So thank you for doing this. I know it's not easy with so many people not wanting to talk about money, and preferring to live in a world of denial. But as you said, it's the power of one! One person can make a difference, and it has a ripple effect. And soon, No one will be afraid of talking about money."
Deannie Zahara
mom of three
"Already your books have transformed how we talk about money in my own household. We've read through each book countless times, but the most incredible change I have witnessed centers around giving. My daughter is the only child we have, and the only grandchild on both sides, so it's probably not surprising that she has accumulated a lot of "stuff". Last Christmas and on her birthday last year, we tried to talk with her about the importance of giving to those who are less fortunate. Both times, we were faced with tears and sadness as she changed her mind about giving some of her beloved toys away. Shortly after reading the books, we asked if Rae had any toys that she would like to give away. She happily chose a number of toys (almost 2 big boxes worth), said thank-you and good-bye to each one and we sent them off for donation. No tears, no regrets. She was really proud of herself and it was an amazing moment for us to see that change in her."
Stephanie Pool
Financial Advisor and Mom to Rae
I wish we had “Built a Bank” sooner, it would have stopped so much begging for me to buy my daughter Lauren (8) things. Now she manages her own money and is learning for herself the value of a dollar. In fact last week she wouldn't buy some earrings because they cost too much. She learned the hard way about how much taxes are. It's a beautiful thing, I am learning to let go of trying to control what she spends her money on and am letting her make her own choices, and, at the same time she is making amazing choices. I remember humming and hawing about giving Lauren an allowance and how to teach her about spending and saving...then I realized, why am I trying to reinvent the wheel here. Nancy has already done all the research and I just have to trust in and follow her lead. It's working out amazingly well!
Nicola King
I cannot tell you how passionate I am about your mission. Your blog post on why entrepreneurial thinking skills are essential in kids addressed exactly what I've been thinking about and wanting to teach my two sons. Nancy, I just want to thank you for what you are doing with zelawelakids. It is truly phenomenal. I want to support and promote your mission in ANY way I can. I am positive that the women entrepreneurs that I work with want to teach their children these skills as a young age precisely because the careers they will have do not exist yet. As a woman entrepreneur, I am committed to teaching my sons these values, but I had no idea how to do it. And then the Universe brought me to you, Nancy!
Vrunda Davé