This book is a very useful tool to help parents teach their children financial habits that should help them throughout life. The chapter on allowances sheds light on how to properly distribute money to your children (as early as three years old) and ensure that they use their money wisely by giving to charity and saving for medium- and long-term goals. The book also helps you explain to children how banks function and the confusing financial customs such as tipping and taxes. If you have children ages 3-18, you would be well advised to read this book and help your kids gain a mature view of money and finances — you will probably learn a few things about your own finances while you’re at it!