It’s never too early to start kids on the road to financial literacy, financial security and teach them about money.

Author of two books and teacher, Danny Kofke says he is appalled when kids with college degrees are working at jobs in shopping malls and can’t handle money.

“When I saw all these college students with degrees in English literature who could only find a job at Starbucks … I was like, ‘We have to educate them better,’ ” Kofke said. “It pains me to see children as old as 16 or 17 who can’t balance a checkbook.”

Kids can be given an allowance as early as 3 years old and taught the value of dividing it up to give, spend and save which in turn embeds the concept of financial literacy into their lives.

financial literacy

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The book review for A Simple Book of Financial Wisdom on Amazon says this:

This easy-to-understand book on financial literacy gives specific steps you can take right now to become more financially secure. Danny teaches how to:

* Raise a family of four on less than $40,000 a year
* Easily track your expenses and spending
* Save over $5,000 a year
* Establish an emergency fund
* Pay-off all your debt
* Invest for retirement and college
* Teach your child(ren) how to manage money
* Live a “wealthy” life with little money

Many feel intimidated and confused when it comes to managing money– A Simple Book of Financial Wisdom makes it easy.