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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KIDS and MONEY TEACHING FINANCIAL RESPONSIBILITY AND VALUES TO CHILDREN

Written by Connie Ragen Green

I believe it’s never too early to teach children about financial responsibility. This book begins with a history of money from the earliest times. Green explains that our concepts about money shift during our lifetime. She demonstrates how to determine a child’s financial personality and disputes the traditional viewpoint of setting up an allowance. Her five-part plan assists in fostering independence. Green shows why alleviating financial stress makes a dramatic difference in lifestyle.

This book can be introduced in the elementary grades or during the middle grades. Recommended for parents who want to foster financial independence and accountability skills in their children.

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