Books to teach kids about money: 3 for good fun

Hey all,books to teach kids about money

Em here, have you been enjoying Andy’s articles on kids and money? He’s done a fantastic job, on general tips and board games for kids, but has handed the reins over to me to tell you about the books : I’ve always been a bookworm so I’m more than happy to!

I loved all books when I was growing up. Picture books, choose your own ending books, coloring in books, heck even math problem books! Alright alright yep I was a bit of a geek. But you know what I didn’t have? Books that taught me about money. It wasn’t really covered in school either, so it was left up to my parents to teach my sister and I.

It would have been so great to have had books like the ones I’m about to share with you. I’ve picked them because they either bring money alive in a cool and colorful way kids can relate to, or have fun activities. I hope you enjoy them.

Read til the end and there’s a bonus book for parents too :) 

1: One Cent, Two Cents, Old Cent, New Cent


books to teach kids about moneyWho doesn’t love Dr Seuss?! No one, right? We’ve probably all got fond memories of reading these books as kids (Green Eggs and Ham and The Lorax were two of my personal favorites). Well there is a whole library of educational Dr Seuss books, this is one of them.

For ages 4 – 8

What it’s about: It’s a bit of a look at the history of money. Where it came from, how it’s been used, and what has been used as money (did YOU know that feathers have been used as money?!). It also teache kids about concepts such as banking and interest, so it’s a bit of an all-rounder in my opinion.

The good stuff: well being Dr Seuss, of course it has fun rhymes and good pictures. I also like that it gives a bit of history while introducing practical concepts.

The not so good: if you’re looking for a purely practical book, this might not be the one for you and your kids (but hey, who buys Dr Seuss because its practical).

Buy it: best price is at Amazon.com

 

2: The Go Around Dollar 


books to teach kids about moneyIf you’ve ever wondered where your dollar bill goes after you spend it, or wonder what journey it has been on before it got to you, this is a fantastic book to share with your kids.

For ages 6 – 9

What it’s about:Ever wondered how a dollar is made? Why it has on it what it does? Where it might go in it’s lifetime? All these questions are answered, with a clever mix of facts and story.

The good stuff: I really like the illustrations, and there are not too many words on the story pages. There are nice big images of dollar bills (I think this might be a legal requirement for copying money). The book does a good job of keeping the story alive for kids, while mixing in facts.

Not so good: um…. I couldn’t find much actually! There is not even a negative Amazon review to share with you.

Buy it: best price is at Amazon.com

 

3: The Everything Kid’s Money Book 


books to teach kids about moneyThis one is more of a workbook than an story book, so it’s a bit different than the others. It’s suitable for kids a little bit older.

For ages 8 – 12

What it’s about: This book is organized into chapters each dealing with a different topic. It’s a pretty thorough book, with topics from “fun isn’t free” to “stocks for you”… and everything in between.

The good stuff: If you prefer it, this one has a kindle option (but it is more expensive). Topics are presented in an interesting way, with activities to try as you go.

Not so good: If you’re looking for a colorful picture book, this is NOT the one for you. It has lots of words and colors are quite monochrome. Definitely one for older kids, although some people have said their 8 year olds love it.

Buy it: available in paperback or kindle format at Amazon.com

 

Bonus book for parents: money doesn’t grow on trees


books to teach kids about moneyWritten by a financial expert mom, this book is described as “a parents’ guide to raising financially responsible children”.

What it’s about: This book guides parents through financial situations that will arise with their kids (such as allowance, etc), and gives examples and activities to work through.

The good stuff: It has a clear lay out that is easy to read. The updated version has sections on some modern dilemmas, such as the power of television marketing to kids, the internet, and eBay.

Not so good: Even though it has been updated, some readers have found a few of the banking concepts a bit outdated. For example, advising you to take your kids to the bank to open an account when this can now be done online. But why not take them to the bank? It could be an outing full of teachable moments!

Buy it: best price is at Amazon.com

 

Click here to find some more finance books for adults you might enjoy >>>

 

Do you have a favorite book for kids or parents you think other readers might like? Please tell us about it in the comments.

 

Happy downsizing,

Em

em downsize your debt

 

 

 

 

 

image 1 by photogramma1, CC 2.0, https://flic.kr/p/72wXqc

 

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