Title: Much More Than Just a "Bank Book"
Product review: David Owen's book should be must reading for all parents with children under age 12. In the first part of the book he describes the success he has had with his own children in establishing a "bank" for them that is both understandable and lucrative. Later he gives excellent advice on providing allowances for youngsters and what they might do with some of the cash including the risks of getting caught up in bubbles nearly as scary as the great internet dot.bomb or dot.con fiasco of 2000: namely, beanie babies. Valuable lessons for children.Also, the simple language used to describe stocks and bonds could be very useful for young, inquiring minds. Almost surprisingly at the end he segues into the benefits of reading aloud for impressionable minds, and again makes good solid sense. In sum a great book for parents to own and read and even for grandparents to buy for them.
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