10 Children’s Books That Teach Kids About Saving Money

Teaching your children about financial literacy at an early age can have a big impact on their adult lives. Being able to save is one of the most important concepts that children can learn. Not only does it give them the opportunity to create wealth, but most importantly it creates a habit of saving. If kids learn to set aside a portion of every bonus or birthday gift, they’ll be more likely to continue saving as adults when it’s time to cash out. for retirement or housing.

Teaching your kids about finances can seem daunting, but it doesn’t have to involve a complicated powerpoint presentation. The best way to teach kids about anything, especially money, is to make it interesting, relatable, and fun for kids. An easy way to teach your child about frugality is through children’s books that have lessons woven throughout the story. The lessons taught are more memorable and meaningful if they can relate to the characters in the story, and understand their motivations for saving money. Just being exposed to the idea of ​​saving at this time through history will have a huge impact on their comfort level and confidence in future money matters.

Below are 10 books that teach valuable lessons about saving money:

Bunny Money, by Rosemary Wells: Part of the Max and Ruby series, Ruby has saved enough money to buy a beautiful ballerina box. However, he quickly learned that it was easy to spend his money on other things. This book shows that saving money is just the first step; Children also need to learn how to manage these savings. Parents can use it to teach their little ones about priorities, especially when it comes to saving money.

a chair for my mother, by Vera B. Williams. This heartwarming story follows a young woman, her mother and grandmother, who save all their money to buy new chairs for their apartment. One of the most important steps in saving is setting goals, and parents can talk about the power of working toward your goals with their children.

Dollars and Sense Berenstain Bears, by Stan and Jan Berenstain. In this book from the classic series, Papa teaches Brothers and Sisters about money. It’s a perfect introduction to teaching kids what to do with their money, and how to make saving and spending decisions.

Alexander, who was rich in the last Sunday, by Judith Viorst. Most kids know about Alexanders bad luck Alexander and the Terrible, Terrible, Bad, Bad Day. This time Alexander was given a dollar by his Grandfather and Grandfather, and he was happy that he could save money to buy. However, his money starts disappearing when he starts spending his money instead of saving it. The book is a fun and funny way to show kids the consequences of not having a budget and savings plan.

Little Critter: Just saving my money, by Mercer Mayer. Another classic character, Little Critter wants a skateboard, so his father tells him he needs to save his money to buy one. Parents who read this book with their children can talk about what they want to save, and help create a plan to achieve their goals.

Rock, Brock and the Savings Shock, by Sheila Bair and part of the Money Tales series. A perfect example of delayed gratification, this book follows two twins who get a dollar a week from their grandfather. His grandfather offers them a game – an extra dollar for each one saved. One twin earns more than $500, and the other twin does not. It’s a great introduction to the benefits of saving your money, and parents can start the conversation about interest.

Plan money, by Monica Eaton. Mia and her mom head out to the grocery store, where Mia learns about smart shopping and saving money. Mia’s mom shows her the importance of using coupons, making smart decisions and sticking to your plan – all important aspects of saving money. Parents can also apply this advice when they are at the store with their children, and it shows first-hand how to save money while shopping.

A Tale of Grandpa’s Fortune, by Will Rainey. This comprehensive book teaches kids about all aspects of money management through the eyes of 13-year-old Gail. In addition to focusing on the importance of saving, Rainey includes a list of financial words and fun games where kids can win prizes at the end.

Savannah’s Savings Jar, by Chelsea Addison. Although ten-year-old Savannah is called Saving Savannah, she’s not always a good rescuer. Children can relate to their stories, as they struggle to spend their savings. The book teaches you how to learn good ways to save, and change the bad. Parents can discuss key concepts introduced in this book, such as budgeting and spending.

Save it , by Cinders McLeod. Part of the popular book Moneybunny, Honey learns about the importance of having a plan when saving money. Patience, perseverance and creativity are key concepts taught throughout the story.

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