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This book wasn't all bad, it helped me in terms of outlining all of the topics children should know about regarding money. However, I didn't realise how Americanised it would be and I also think it oversimplified some of the complex financial ideas, merely for the purpose of making it easier to understand. I understand the book is for children so simplification is necessary, but in doing so I think that it's missed the mark a bit in terms of making its readers really savvy to the nuances of decent financial management. Some financial ideas are complicated to explain to children, which is why we need books on finance for kids. But honestly, I could have written this.
I bought this book to begin teaching financial concepts to younger family members. One big issue in this great country is that kids are growing up without ever learning about economics and financial discipline. Credit card debt is hampering their ability to get ahead and this book really does a great job of introducing key concepts such as saving, investing, and living within one’s means. I would highly recommend this be read to kids as young as seven and reviewed annually until they learn it. To help, I would also recommend opening a savings account for the youngster and allowing them to invest their money via acorns or similar app. Great job by the author on creating this book!