Barbara Ann Mojica's BLOG

Profitable Money Skills for Kids

Written by Michael Slochowsky

This is a basic primer for kids with all the necessary information to understand money.

It is written in fairly simple language though I believe younger children will need additional guidance for complete understanding. The author begins with an introduction as to why he wrote the book, and why he included interactive strategies to implement its lessons.

Chapter One explains the history of money and its purposes. Then we move on to different types of saving strategies, budgeting, and tools to use. Kids learn the differences between needs and wants, and how to invest smartly. There are suggestions about how kids can earn money, give to charity, and avoid scams. Finally, there are goal-planning strategies, and discussions about planning for a sound financial future.

This book is a valuable financial literacy tool that can grow with the child providing a strong foundation for a sound financial future. Highly recommended to parents and teachers.

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