November 25, 2013

Recommended Reading: Kid’s Edition

Getting kids comfortable with money may help them make smarter choices in the future. And what better way to familiarize them with finance than by using storytelling? Here is a handful of children’s books about money that can help get you started:

If You Made a Million by David M. Schwartz (Ages 4-8 years) Young readers will be delighted by the journey of Marvelosissimo the Mathematical Magician as he teaches them basic financial concepts including: earning, saving, interest, and investing. Using beautiful illustrations by Steven Kellogg and examples kids will relate to, this follow-up to How Much is a Million provides young readers with a great introduction to the concept of money. HarperCollins; November 1994

The Go-Around Dollar by Barbara Johnston Adams (Ages 6 years and up) Have you ever pondered where the dollar in your wallet came from and where it might go next? Readers of this fascinating book will follow a dollar bill on its travels from person to person and place to place. Along the way, kids will learn interesting facts about money, like how and where money is printed and when a dollar bill is taken out of circulation. Simon & Schuster Books for Young Readers; March 1992

It’s Not What You’ve Got! Lessons for Kids on Money and Abundanceby Dr. Wayne W. Dyer with Kristina Tracy (Ages 6 years and up) Based on the belief that developing a healthy view of money at a young age will be invaluable to children as they grow up, this book teaches lessons far beyond money. The lessons center around ten ideas about money and abundance, such as understanding that money does not create happiness and how to live within your means, each of which will help kids build the foundation for a bright financial future. Hay House; September 2007

The New Totally Awesome Money Book for Kids by Arthur Bochner, Rose Bochner, & Adriane G. Berg (Ages 8 years and up) This updated edition, authored by a young brother and sister with help from their mother, is a complete guide to money for kids. The book covers a wide range of topics, including saving, investing, creating a budget, and using credit wisely, and will become your kids’ number one resource for all things related to money. Bonus for parents: it teaches kids about online safety when using financial websites. William Morrow Paperbacks, Third Edition; March 2007