Teaching Children Financial Literacy

It is never too early to start teaching children about finances and money. Money is an important part of our lives. We need it to buy food and clothes. We need it to provide a warm place to live. But how can we teach them to be financially confident?

Here are some online resources that can be very helpful:

I have compiled a list of books that can help you start the conversation. Even if your child is too young to ask a lot of questions, they can still pick up on the themes while you are reading. I have also added some books for caregivers. These books contain some pretty handy tips and tricks for teaching children of different ages about money.

Books to help start the conversation about money:

A Chair for My Mother by Vera B. Williams shows children that planning and saving is important.
For Penny, making money is fun in A Dollar for Penny by Dr. Julie Glass
In Just Saving My Money by Mercer Mayer, Little Critter learns the value of money and saving.
One Cent, Two Cents, Old Cent, New Cent by Bonnie Worth tells the history of money in a fun rhyme.
Alexander learns that maybe it is not wise to spend his money frivolously in Absolutely Positively Alexander by Judith Viorst
The Lemonade Word by Jacqueline Davies is a fun read that can teach kids about marketing and expenses.
A Smart Girl’s Guide to Money by Nancy Holyoke
This book goes along with Making Money a how-to book
Making Money a how-to book for a smart girl’s guide: money by Apryl Lundsten is a useful book with practical advise on how kids can make money.
The Mighty Miss Malone by Christopher Paul Curtis
This book is set during the Great Depression when jobs and money were hard to come by.
Amelia Bedelia Means Business by Herman Parish Amelia Bedelia learns that money is something that needs to be earned.
101 Ways to Be Smart About Money by Rebecca Vickers
This book is a practical guide for kids.
Eyewitness Money by Joe Cribb
This books gives a history of money and different types found around the world.
Raising Financially Fit Kids by Joline Godfrey
Another book for parents packed full with ideas on how to teach kids about money.
Raising Financially Confident Kids by Mary Hunt
A guide on how parents can teach financial responsibility to kids.
The Opposite of Spoiled by Ron Lieber
One more book for parents that is full of information about teaching kids financial literacy.

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