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Top 10 Financial Literacy Books for Kids to Teach Money Skills Early

January 13, 2025 | Leave a Comment

Top 10 Financial Literacy Books for Kids to Teach Money Skills Early
Image Source: Pexels

Unfortunately, financial education isn’t required in all public schools. So your kids may not learn the money lessons they need to know in the classroom. Luckily there are books about financial literacy for kids to fill in the gaps and teach your children about budgeting and investing. To set your kids up for financial success, check out the 10 best money books for children of all ages below.

10 Best Books About Financial Literacy for Kids

1. Investing for Kids: How to Save, Invest, and Grow Money

Investing for Kids: How to Save, Invest, and Grow Money
Image Source: Pexels

This finance book for preteens covers investing concepts such as compound interest, risk, and diversification in an entertaining way. The humorous writing style and cartoon illustrations help keep young minds engaged. There are also interactive games, discussion questions, and exercises you can complete with your child to ensure these important money lessons stick. The authors even provide side hustle and investing ideas that kids can pursue to start building their wealth early.

Overall, Investing for Kids receives 4.7 stars from happy customers. One glowing review says the book is “great for kids and adults alike,” because it’s easy to read, interesting, and informative. You can grab your copy here. 

2. Finance 101 for Kids: Money Lessons Children Cannot Afford to Miss

Wealth generating activity book
Image Source: Pexels

Finance 101 proves that financial literacy for kids doesn’t have to be boring. The book contains funny illustrations, impactful quotes, and real-world examples that will capture your child’s attention. Instead of focusing on one topic like investing, Finance 101 discusses a wide range of financial concepts, including credit scores, debt, international currencies, basic economics, and charitable donations. 

Amazon reviewers give the book an average of 4.7 stars. A satisfied customer says the book is a “fantastic resource.” It uses “relatable examples, clear explanations, and practical tips” to explain important topics like budgeting and saving. The book even helped spark family discussions about financial goal-setting! Click here to pick up a copy of Finance 101 for your household.

3. Evan-Moor Financial Literacy Lessons and Activities

Evan-Moor Financial Literacy Lessons and Activities
Image Source: Pexels

Evan-Moor publishes activity books that focus on financial literacy for kids. There are several editions for students in different grade levels, including middle school, first grade, and third grade. Each book contains real-world lessons, vocabulary lists, games, and math exercises. Your kids will learn valuable skills like how to do taxes, balance a budget, tally up a shopping cart, and more. 

These workbooks all receive 4.6 to 4.8 stars on Amazon. One happy parent says the book “gives realistic lessons that kids need to know, such as having a bank account, paying rent, getting a loan, etc.” Grab a copy of the fifth-grade version here, or one of the other editions above! 

4. Humble Math – Money and Financial Literacy

Humble Math – Money and Financial Literacy
Image Source: Pexels

Need a book about financial literacy for kids 12 and up? Check out Humble Math, which provides 100 days of money management lessons for teens. Topics covered include responsible spending, business basics, simple and compound interest, and sales and discounts. Plus, the book dives into various types of loans, such as mortgages and term loans. This will help your child understand student debt before they head off to college.

Customers give Humble Math a solid 4.5 stars. One reviewer says, “This is my favorite math workbook from the Humble series! I really like how it teaches consumer math and personal finance concepts.” Snag a copy for a teen in your life here. 

5. What Is Money? Little Economists 

What Is Money? Little Economists 
Image Source: Pexels

Did you know that kids start grasping basic money concepts between the ages of 3 and 4? For that reason, it’s never too early to start educating your children about finances. This book by Kelly Lee is the perfect introduction to financial literacy for kids ages 3 to 6. It’s a storybook that follows a bunny named Charlie as he learns where money comes from and why he should save it. Charlie has multiple piggy banks for different goals, demonstrating the importance of financial planning to kids. 

This adorable picture book has a 4.4-star rating on Amazon. After reading it, one child was “excited to spend money on a toy, share money with an animal shelter so they can buy dog and cat food, and save money.” We call that a success! Grab your own copy here. 

6. Robot Finny’s Big Money Adventure

Robot Finny's Big Money Adventure
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Robot Finny’s Big Money Adventure is an illustrated storybook suitable for ages 8 to 12. This fun financial tale teaches older kids the value of money and the importance of making wise financial decisions. It also encourages kids to reach for the stars, set big-money goals, and give back to their community. 

Reviewers give Robot Finny a whopping 5 stars. A mom called the book a “game-changer.” It helped her child “not only grasp the concepts of saving, budgeting, and responsible spending but also apply them to earn her first dollars.” Check out what all the hype is about!

7. Think Like a Boss Kids Edition: 47 Money Making Ideas for Young Entrepreneurs

Think Like a Boss Kids Edition: 47 Money Making Ideas for Young Entrepreneurs
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Financial literacy for kids isn’t just about saving money—they also need to learn how to earn it. Think Like a Boss Kids Edition will turn your child into a budding entrepreneur by giving them over 47 fleshed-out business ideas. The book also explains the key ingredients of success, provides business advice, and offers tons of encouragement. Your child will feel like they can achieve anything after reading it! 

Think Like a Boss currently has a 4.4-star rating on Amazon. A happy customer called it a “shining five-star beacon of inspiration and practical guidance.” So you won’t regret adding it to your cart! 

8. Kyng & Kyren’s Generational Wealth Building Activity Book 

Father-son team Kyren and Kyng created this activity book to teach kids about building generational wealth. This age-appropriate resource introduces kids to financial independence and fiscal responsibility in a digestible way. By completing fun mazes, crossword puzzles, coloring sheets, and mini-lessons, your child will learn how to leave a financial legacy. 

Kyng & Kyren’s workbook has a rating of 4.9 stars, making it one of the top titles about financial literacy for kids. One reader says the book is a must-have because it’s “easy for my son to understand and the activities are fun to do.” Check it out here.

9. Financial Literacy Series by Money Mentor Publications

Financial Literacy Series by Money Mentor Publications
Image Source: Pexels

This series of financial literacy books will grow with your kids, teaching them everything they need to know to be self-sufficient adults. Over the course of three books, your children will learn about financial scams, college costs, budgeting on a tight income, taxes, and more. 

The books have an average rating of 4.9 stars and receive top marks from parents. A satisfied reader says the series provides the “life skills needed for adulthood,” in a format that’s easy to read and entertaining.

10. 108 Financial Literacy Flashcards 

108 Financial Literacy Flashcards
Image Source: Pexels

If your child has trouble reading full-length books, these flashcards may be more accessible. This deck will introduce your child to important financial vocabularies like equity and dividends. Each card has a text definition and a picture right beside it, making complex financial terms easier to understand. This deck of cards has a 4.6-star rating on Amazon and is a “great tool to teach your children about financial literacy.” You can grab your set here.

What are your favorite financial literacy books for kids? Share your recommendations in the comments! 

Vicky Monroe headshot
Vicky Monroe

Vicky Monroe is a freelance personal finance writer who enjoys learning about and discussing the psychology of money. In her free time, she loves to cook and tackle DIY projects.

Filed Under: Money and Finances Tagged With: Books, financial literacy for kids, Kids Books, teach kids about money

6 Fun Money Games for Kids

September 11, 2023 | 2 Comments

money games for kidsMore parents are realizing how important it is to teach kids about money. How can we teach them in a way that’s both engaging and educational? There are several money games for kids designed just for that purpose. Here are some ideas for money games.

6 Fun Money Games for Kids

Dollars and Dice

This is a simple money game that will have kids polishing their math skills without even realizing it. Using a single die and a variety of coins, kids roll the die to earn one of the following values:

1 = a penny

2 = a nickel

3 = a dime

4 = a quarter

5 = a coin of their choice

6 = lose a turn

The first person to collect exactly one dollar wins. If a player is close to hitting the dollar mark but goes over, they lose their turn.

Escape From Barter Island

This is a fun, interactive online game from the Federal Bank of Cleveland. Each player has to learn how to barter his or her way to a new sail for their boat. Navigating through the signs, they learn how to trade up using items they already own. If they trade right, they’ll eventually get their new sail so they can get home.

Play Escape from Barter Island.

Hide and Seek

Yes, your kids can play hide and seek and learn about money at the same time!

First, parents gather several coins of multiple values. If you have younger kids who are still learning to count, use pennies only. Then hide the coins in various places around the house. The kids are then set loose for a preset time period to find coins.

When the time is up (or when all coins are found – parents’ choice) kids count up their totals. The player with the highest number of coins (or the highest value total) wins!

Mad Money

The PBS Kids website has a great money game called “Mad Money”. The game starts out by giving players a choice of several items to save up for. Players are given a weekly allowance, but the allowance has to cover items on their shopping list.

Then, players go throughout the town, looking to find deals on what they need and working to earn more money.  They win if they have enough money to buy what they need and pay for what they want.

Play Mad Money.

Bonus Reading: “5 Apps That Teach Your Child a Cool Skill”

Net Worth

Similar to crazy eights, Net Worth is a card game that will help kids learn to manage money. The different cards allow players to pay off debt, collect assets, and hinder other players’ finances. Players also learn to use strategy to protect themselves from financial setbacks such as job layoffs.

This game is a quick, easy play for kids age 8 or older, and very affordable.

Save Perry’s Pennies

This game from the U.S. Treasury has three skill levels in which players catch dropping coins for their piggy banks. But there’s a catch – players have to save the targeted savings amount within the specified time period. Be careful, though; if you accidentally click on a falling hammer all of your savings could be lost!

Play Save Perry’s Pennies.

There are also several board games that can help kids learn how to save and manage money. The Game of Life, Monopoly, Payday, and Dave Ramsey’s ACT Your Wage are all games that teach players money skills. By using games to teach children healthy money skills we can help them become financially responsible adults.

For more financial fun, check out “4 Creative Money Challenges for Kids.”

Do you have any favorite money games for kids to share?

Image Credit: David Lofink (Creative Commons)

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Filed Under: Education, Family Time, Money and Finances, Toys and Games Tagged With: how to teach children about money, money games for kids, teach kids about money

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Basic Principles Of Good Parenting

Here some basic principles for good parenting:

  1. What You Do Matters: Your kids are watching you. So, be purposeful about what you want to accomplish.
  2. You Can’t be Too Loving: Don’t replace love with material possessions, lowered expectations or leniency.
  3. Be Involved Your Kids Life: Arrange your priorities to focus on what your kid’s needs. Be there mentally and physically.
  4. Adapt Your Parenting: Children grow quickly, so keep pace with your child’s development.
  5. Establish and Set Rules: The rules you set for children will establish the rules they set for themselves later.  Avoid harsh discipline and be consistent.
  6. Explain Your Decisions: What is obvious to you may not be evident to your child. They don’t have the experience you do.
  7. Be Respectful To Your Child: How you treat your child is how they will treat others.  Be polite, respectful and make an effort to pay attention.
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