Three Cups is a beautiful book, written for children, teaching them how to save, spend and give. The idea behind the book is that it instills in children good money habits from a young age. The publisher does not give an age range for this book, but Amazon advertises it for children 4-8 years old. Personally, I don’t think a four-year old will understand some of the concepts used in the book – such as bank interest, however they will enjoy the brightly colored pictures and story. I read this book with my daughter, who has recently turned ten. Although a little young for her, she did enjoy the book, but was disappointed that it was short! The book is 32 pages in length.
The story basically follows a young boy who was given three cups by his parents, one for saving, one for spending and one for giving. As he is given his allowance each week he equally splits the money between the three cups. After a period of time his mother takes him to open a bank savings account to put the money from the savings cup in. The boy is able to save up his spending money and buy a mitt that he wants. He then goes on to donate his giving money. This same scenario continues as the boy grows and as he becomes 18 the reader can see what he puts his bank savings money towards.
Authors Tony Townsley and Mark St. Germain have written a fabulous book that will introduce kids to saving, spending and giving. We live in a part of the world where kids want all the time, and often get without having to save up their own money. I know my own kids seem to think that money grows on trees! By introducing the concept to them that they can save money, spend some and give some away, at a young age, will stand them in good stead for the future.
At the back of the book there is also some guidance for parents who want to integrate the three cup method into their family.
Awesome book, highly recommend it!
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