When it comes to teaching kids money management, we have the best strategies, books, reviews, article links and more.
We know how hard it is to begin teaching kids money management and if you can get started an a young age, your children will be ahead on the path toward a life of financial stability. We know there are millions of books out there on money, the idea is not new. However, we have sorted through them to highlight only the very best when you wish to start at a young age to teach kids money management.
Begin your money management skills with this book. Young Sammy Rabbit learns the importance of saving by actually “saving” the day with his saved carrots! Sammy Rabbit begins by eating the best part of the carrot and wasting the rest. Auntie Squirly comes by and shares a secret with Sammy Rabbit. Sammy Rabbit takes the secret to heart and shares the secret with his siblings at the end of the book!
When you are looking for answers on how to teach money management skills to kids, this book adds a nice touch to show generosity and charity are important traits to have.
From School Library Journal PreSchool-Grade 1: Thrifty she’s not, but no one is more generous than Honey Bunny. After gathering lots and lots of cash in her piggy bank, she goes on a shopping spree, first buying a few items for herself, then acquiring gifts for her friends and family.
Everyone thinks of the lemonade stand when we think of small income jobs for kids. This book teaches math skills as the lemonade price changes.
From School Library Journal: On a beautiful summer day a young girl sets up a lemonade stand and sells enough cups of refreshment to add up to a dollar. Told in rhyme, this delightful story combines the teaching of addition with a traditional rite of childhood entrepreneurship!
Kristi’s family is a bunch of animals: really, their business is posing as people’s pets! Kristi’s father trains kids in puppy ownership by tugging on socks and making puddles on the floor. Mom helps a family adjust to their new kitten by curling up on the piano or pouncing on string. Her brother makes a great lizard, snoozing under a sunlamp. As for Kristi, she keeps messing up and getting fired. Will she ever find her calling?
The “how to” skills of saving vs. wasting are addressed in this cute book. Last Sunday, Alexander’s grandparents gave him a dollar — and he was rich. There were so many things that he could do with all of that money! He could buy as much gum as he wanted, or even a walkie-talkie, if he saved enough. But somehow the money began to disappear… Readers of all ages will be delighted by this attractive new edition of Judith Viorst’s beloved picture book.
From Publishers Weekly Erandi, a Mexican girl, looks forward to her birthday and a forthcoming village fiesta with great anticipationAafter all, she hopes to have a new dress to wear. But Erandi’s dreams of pretty things are soon interrupted. Mam ‘s fishing net, with which she catches their food, is too torn to repair and there is not enough money to buy a new net as well as a dress. Erandi receives her new frock, but afterward, she and Mam head for the barber shop. Erandi is terrified that Mam will sell Erandi’s beautiful long braids to the hair buyers from the city, but it is Mam who steps into the chair. When the barber tells Mam that her hair is not long enough, Erandi summons her courage and offers her own tresses…
From School Library Journal Grade 2-4-Owen Foote is now eight years old and in dire need of funds. Since he received the catalog “Junk You Never Knew About,” he realizes that he can not live without the plastic vomit, dog poop, and other assorted wonders advertised therein. When his guided tour of the wonder of toilets fails to impress his older sister and her friend (and nets only a quarter), the boy knows that he needs to change his moneymaking strategy. Mrs. Foote is no help, since she expects her son to work for his allowance. What’s a third grader to do?
This book is loaded with fun facts as kids are taught about money. The book begins teaching kids the history of money, different coins, basics of banking such as checking and savings accounts, receiving money from gifts, allowance or entrepreneurship and lastly, teaches kids about investing money.
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