I loved this book. That is an odd sentence to say about essential a financial help book. However this book is great for a number of reasons. Firstly the content. This book provides advice for helping your children to become financially savvy. It provides guidelines for preparing them to be financially independent when they leave home and in a position to buy their first house. Scott provides a very easy method to follow in order to achieve this. You do not need to have an accountancy degree to understand what he is talking about or need to quit your job in order to find the time to implement his suggestions. It is all very achievable involving a discussion around a weekly meal. You also do not need to read his first book, ‘Barefoot Investor’, in order to understand this one.
The second reason is how well it is written from an authorial aspect. Scott manages to make this book engaging through easy to understand analogies, explanations, repetition of key parts, easy to follow layout and most importantly a fair bit of humour. It is presented to you as more of a conversation rather than a lecture. I found myself reading the whole book engaged in every word the realised I possibly don’t need to read the chapters for 15 year old given my child is only 1. Yet I still did because it was a very enjoyable read.
I would recommend this book for any parent, carer, guardian or even grandparent. It is especially useful for children in the preteen/teen years.