As we look to the new year, many of us are evaluating or re-evaluating our finances. Some may even have resolved to manage their finances better – to get out of debt, to save for the future, to give more, etc. And many wish they’d started off more strongly, by having been taught sound money management principles in childhood.
Although the concept it contains is not a new one, Three Cups provides a whimsical approach to presenting the “three cups” concept to young children. Aimed at children ages 4-8, it tells the story of a boy who received three cups for his birthday. There was nothing “special” about the cups. They were just cups from the family’s cupboard. One was even chipped. But these cups taught him the importance of dividing his income into three categories – money to give, money to save, and money to spend.
The book is filled with soft pastel (I think) illustrations, and is a very non-threatening way to introduce the concepts of budgeting, bank accounts, and interest.
At the very end, there’s a guide for parents who would like to implement these concepts with their children.
If you’d like to win a copy, to start the New Year with personal finance lessons for your children, enter via the Rafflecopter widget below.
Disclosure: Thanks to Tommy Nelson for providing the book that facilitated this review and graciously sponsoring a giveaway, as well. As always, all opinions expressed here are entirely my own.
I would love this book– we are just starting to implement these strategies with our 6 and 3 year old. We already emphasis the giving part and how God loves a cheerful giver. I would like to start being more explicit with them and separate the money they are given in to these three categories. It sounds like this book would help us do that.
We were not very wise with our finances when we got married and now are digging ourselves out of debt. We are on the envelope system and we have been doing that with our children as well.
teaching them the importance of giving and letting them have their own money to learn how purchasing works