According to a recent article from the INVESTOR'S BUSINESS DAILY, personal bankruptcies are up twenty-four per cent over a year ago. Federal Reserve Chairman Alan Greenspan recently said improving financial literacy among children and adults is particularly crucial. He also stressed that understanding basic financial concepts such as budgeting and saving should begin as early as possible in the learning process. Money is something everyone uses but very few know or follow the basic principles to ensure financial success. AVOIDING FINANCIAL PITFALLS, A PRACTICAL GUIDE TO MONEY MANAGEMENT is written by a former banker who knows from first hand experience the mistakes people make in handling their finances. This book offers an approach on how to avoid problems in money management, tells how to systematically build wealth for a secure financial future, and includes chapters covering 'life application' issues such as the value of 'choosing a good name' and 'how you can take it with you'. In addition, the author covers setting financial goals, teaching children how to handle money and a chapter titled 'God Wants You To Be A Winner'. The book contains practical advice for people of all ages and encourages people to achieve victory over their finances. Each principle is supported by Scripture from the Bible.