The Everything Kids' Money Book (Everything Kids')
Everything Kids Series
on Goodreads (12)
What’s inside...
From pocket money to lemonade stands and lawn mowing business, this book tells kids about where money came from, and how to make, save and spend money wisely. It discusses the development of money as a medium of exchange, from early bartering to modern ATM machines.
Series reading
Non-Sequential
Age
8-12
Length
144 pages
Text complexity
Discussion points
What are some ways you can earn money as a kid?
Why is it important to save some of the money you earn or receive?
How would you choose to spend your money wisely?
Can you think of a time when you had to make a decision about using your money? How did you decide?
What are some goals you might save your money for?
Tip: Role play these questions
Start by sharing your own experiences with money, making it a two-way conversation. Show genuine interest in your child’s thoughts and feelings about money. Use examples from the book to relate to real-life scenarios that your child might encounter. Encourage your child to think creatively and critically about how they can apply the book’s lessons in their day-to-day life. Praise their smart money choices and help set goals for saving.
Key lessons
Example Lesson: Value of Saving Money
Explanation: The book introduces the concept of saving money through easy-to-understand examples and activities.
Real-World Application: Children can begin to save portions of their allowance or monetary gifts to reach a goal, teaching them financial discipline from a young age.
Example Lesson: Understanding Currency
Explanation: Different currencies from around the world are explored, exposing kids to global economics on a basic level.
Real-World Application: This knowledge can help children understand and appreciate the diversity in economic systems and monetary values when they encounter foreign currencies.
Example Lesson: Making Smart Spending Choices
Explanation: The book offers scenarios that challenge children to think critically about spending decisions.
Real-World Application: Children can apply these decision-making skills when faced with choices on how to spend their money, helping them develop budgeting skills early on.
Example Lesson: Earning Money
Explanation: It discusses various ways children can earn money, from traditional chores to more creative endeavors.
Real-World Application: This encourages children to take initiative and find ways to earn money, fostering a sense of responsibility and work ethic.
Example Lesson: The Importance of Charitable Giving
Explanation: The concept of donating is introduced, emphasizing why and how to give to others in need.
Real-World Application: Children can learn to set aside a portion of their earnings or savings to donate to charity, ingraining the value of generosity and community support.