What is this book about? As parents, if we had to groom one ability in our children that is key not only to money management and investing but to any aspect of life, what would it be? My answer: Sound Decision Making. So, in this book, we meet Chinchu, about to turn 10. What she wants for her birthday and how her parents plan for it and teach her several key ideas of decision-making and money management is the narrative.
Who is the book for? Children above the age of 10. Some 8+ kids may also be able to appreciate it. We have made it a point to keep the text simple and straightforward so that a child can readily understand the importance of introspection (realise what we want and not get affected by peer pressure) and independent decision-making.
What is covered in the book? Aspects connected to decision-making such as (1) Affordability: living within our means; (2) Needs vs wants; (3) Delay gratification; (4) Planning a purchase; (5) Appreciating our requirements; (6) Ignoring peer pressure; (7) Benefits of product research; (8) Basic of borrowing (debt); (9) Budgeting.
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