Financial Literacy for Kids: 20 Original Stories to Learn How to Control and Grow Your Money
#1 of 5 in Personal Development for Children Series
on Goodreads (5)
What’s inside...
Are you ready to give your child the ultimate head start in life? Dive into the enchanting world of “Financial Literacy for Kids” – the children’s book that transforms young minds into financial wizards! These concepts are explained through simple, moving stories, accompanied by beautiful illustrations and messages that even the youngest readers can understand. Can you bear the thought of your child struggling with money matters later in life, missing out on dreams, opportunities, and security? Without financial literacy, they might face daunting debts, money troubles, and uncertainty. But fear not! “Financial Literacy for Kids” turns learning into a thrilling quest, banishing financial fears for good. Watch with pride as your child evolves into a fearless money maestro, effortlessly making wise decisions, saving for their dreams, and even helping others. With relatable characters and captivating stories, this book plants the seeds of financial wisdom early, setting children on a course for a lifetime of prosperity. Unlock a world of financial possibilities for your child today. Grab your copy of “Financial Literacy for Kids” now and gift your young one the superpower of financial literacy. Prepare them to soar high, confident and secure, as they embark on a thrilling journey towards lifelong success!
Discussion points
What was one new thing you learned about money from these stories?
How do you think saving money can help you in the future?
Can you think of a time when you had to decide between spending your money or saving it?
Which story did you like the best and why?
How would you use your money if you were in the same situation as one of the characters in the stories?
Tip: Role play these questions
Encourage your child to express their thoughts and feelings about money openly. Highlight the importance of financial decisions by linking them to real-life scenarios that your child can relate to. Praise their understanding and efforts in discussing financial topics, fostering a positive and encouraging learning environment. Consider using a visual aid, like a simple chart or a piggy bank, to make the concepts of earning, saving, and spending tangible. Share personal experiences or stories about handling money to make the conversation more relatable and meaningful.
Key lessons
Example Lesson: Value of Saving
Explanation: Through engaging stories, children learn the importance of saving money for future needs rather than spending all at once.
Real-World Application: Kids can apply this by starting to save a portion of their allowance or gift money in a piggy bank or a savings account.
Example Lesson: Budgeting Basics
Explanation: Characters in the stories create and follow a simple budget to manage their allowances or earnings from small jobs, teaching kids the fundamentals of budgeting.
Real-World Application: Children can learn to allocate their pocket money for different purposes like savings, spending, and charity, helping them make informed financial choices.
Example Lesson: Understanding Needs vs. Wants
Explanation: Stories differentiate between essential needs and desires, helping children prioritize their spending.
Real-World Application: This lesson helps children think critically about their purchases, deciding if an item is truly needed or simply wanted.
Example Lesson: The power of compound interest
Explanation: One story illustrates how money grows over time when invested wisely, thanks to compound interest.
Real-World Application: Children can be encouraged to invest their savings, even if it's a small amount, to experience how it can increase through interest over time.
Example Lesson: Earning Money
Explanation: Children learn about various ways to earn money through entrepreneurial ventures or small tasks suited for their age in the stories.
Real-World Application: This can inspire children to take on small jobs, like a lemonade stand or doing chores for neighbors, to earn their own money and understand the value of hard work.