Financial Independence. Someday our kids will grow up - because of what we do and in spite of what we do. Before that day comes, we have the time and the opportunity to help them understand the world of money. How much should they save? Do they know what a budget is? How much financial information is too much? What should you do about allowance? What about credit cards? How do we teach them to make the right financial choices? Whether you have a young child who is just learning about the value of currency or a teenager who thinks he can live on a certain salary and be well off for the rest of his life, all types of topics are covered in this book. There is a lot to learn over an 18 year period. Under your guidance, your child has a tremendous opportunity to learn, make mistakes and learn again - all before leaving home. This book covers a variety of subjects and is intended to be a resource for parents and children of all ages. Older children may enjoy reading it on their own as well. Credit cards. There are a variety of reasons that parents want to provide their children with credit cards. There are also a number of ways for parents and kids to make sure that credit cards usage does not get out of hand. This important topic is covered in the book since it permeates the lives of many- young and old. The more we can teach kids now about saving, managing money and making good choices about their finances, the greater the likelihood that they will become fiscally savvy adults who know how to manage, work with and handle their own finances well.