Foster financial literacy for kids with these 7 books.
Financial education is serious business. In fact, April has been named Financial Literacy Month in an effort to promote financial education across the country. Organizations across the nation have adopted programs to educate people on the importance of a well-balanced budget and smart spending habits. The best way to instill budgeting best-practices? Start with the younger generation. It’s never too soon to start teaching kids about personal finance. These seven books on financial literacy for kids are a great starting point.
1. How to Turn $100 Into $1,000,000: Earn! Save! Invest! by James McKenna
From the creators of Biz Kid$ and Bill Nye the Science Guy comes a comprehensive guide for kids on the basics of earning, saving, spending, and investing money. The humorous, yet informative voice engages young readers while lively illustrations make the concepts easy to understand.
2. Rich Dad Poor Dad for Teens: The Secrets about Money — That You Don’t Learn in School! by Robert T. Kiyosaki
This guide for teens encourages the development of confident and responsible money skills, providing case examples, sidebars, and attitude recommendations that demonstrate how to achieve security in today’s challenging job market.
3. The Berenstain Bears’ Trouble with Money by Stan Berenstain and Jan Berenstain
This classic Berenstain Bears story is a perfect way to teach children about the importance of being responsible with money. Mama and Papa are worried that Brother and Sister seem to think money grows on trees. To make money on their own, the cubs decide to start their own businesses, from a lemonade stand to a pet-walking service.
4. Just Saving My Money by Mercer Mayer
When Little Critter wants a new skateboard, Dad tells him that he needs to save his own money to buy it. He tries his best but soon finds that saving enough for what he wants isn’t so easy. From feeding the dog to selling lemonade, Little Critter learns the value of a dollar.
5. One Cent, Two Cents, Old Cent, New Cent: All About Money by Bonnie Worth
The Cat in the Hat puts to rest any notion that money grows on trees, in this super simple look at numismatics, the study of money and its history. This fascinating introduction to money also looks at banking and includes a step-by-step guide to minting coins.
6. The Kids’ Money Book: Earning, Saving, Spending, Investing, Donating by Jamie Kyle McGillian
This financial guide for kids features the latest information and fresh, fun new illustrations. It explains how to create a budget, make big bucks, invest your earnings, donate to charity, and more to help children become young money moguls.
Make Your Kid a Money Genius is a new, must-have guide that shows parents how to teach their children to manage money in a smart way. This charming and fun book is an essential guide for passing along enduring financial principles, making your kids wise beyond their years when it comes to money.
This post was written by Megan Habel, the marketing associate at BookPal. She is currently reading Way of the Warrior Kid by Jocko Willink.