Managing money is not easy for many people, so you can never start to soon understanding its value and how to manage your own money. Income can be obtained in several ways—allowance, working, or receiving gifts. The text describes what to think about when you have some money. Do you want to spend it all, save it all, spend some, save some, give some away or some combination of the preceding. The concept of cash flow is introduced and how important it is to keep a journal of expenses.