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8 Fun, Must Read Books for Kids That Teach Valuable Money Lessons

8 Fun, Must Read Books for Kids That Teach Valuable Money Lessons

It’s a popular complaint among young adults these days that their schools never taught them personal finances. How to balance a check book, how to do taxes, and the value of money. Since its less and less likely for schools to change their curriculum, that means it is up to parents to teach their kids how money works. Here are a collection of books to help teach your kids about money.

1. Lemonade in Winter: A Book About Two Kids Counting Money by Emily Jenkins

Money Lessons

    One of the earliest experiences a child has in becoming an entrepreneur is opening a lemonade stand. In this book, two kids open a lemonade stand in the middle of winter. It teaches some basic math and entrepreneurship and it also teaches kids that something may not be a good idea even if it sounds like one. If there is anything kids should learn early, it’s how to deal with disappointment so they can bounce back and try again.

    2. Bunny Money (Max and Ruby) by Rosemary Wells

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    Money Lessons

      Learning how to budget money is an important skill to learn. In Bunny Money, Max and Ruby have saved up $100 to buy gifts for their grandparents. Unfortunately, some things happen and they have to spend some of it. It’s a great book to teach kids how to budget and save money. There are also some math skills involved and it teaches kids that emergencies can drain your wallet unexpectedly. It’s some life lessons definitely worth learning.

      3. Joseph Had a Little Overcoat by Simms Taback

      Money Lessons

        What happens when a kid breaks something? They immediately ask for another one! In Simms Taback’s Joseph Had a Little Overcoat, a child can see a story that shows the value of re-using things. In the story, Joseph’s overcoat is really nice but it starts to get worn. Joseph continuously re-uses the material from the coat to make other items until it becomes a cloth button. The book is great for teaching kids how to be frugal and the importance of re-using things. Until they grow up and get a good job, they may end up having to find creative uses for things they thought were ruined.

        4. Annie’s Adventures (The Sisters 8) by Lauren Baratz-Logsted

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        Money Lessons

          The jungle of nonsense that is adult finances is tough enough to get a hold of even if you know what you’re doing. In Annie’s Adventures (The Sisters 8), Annie is put in charge of her parents finances. She has to figure out how to write checks, pay the bills, and balance a budget. It’s a delightfully lighthearted adventure that puts a fun spin on the basics of adult finance management. There are even elements of entrepreneurship and frugality. It’s a really great choice and it’s especially great for girls.

          5. The Lemonade War by Jacqueline Davies

          Money Lessons

            The Lemonade War is a humorous and fun adventure about two siblings who open two lemonade stands. They use some simple ideas to take their lemonade war to ridiculous heights and it’s a truly fun read for kids. The book teaches entrepreneurship, money management skills, how to implement ideas to challenge the competition, and other business-oriented lessons that are essential for tomorrow’s business leaders.

            6. Junior’s Adventures: The Boxed Set by Dave Ramsey

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            Money Lessons

              Okay so this is actually a series of books rather than a single one but all of the books revolve around a central premise. In these books, Junior learns the value of working, saving money, spending money, and the pleasure of giving to others. They teach selflessness and how intelligent money decisions can allow you to have nicer things. Kids definitely need to learn the value of the dollar and this is a good series of books to do it!

              7. One Hen: How One Small Loan Made a Big Difference by Katie Smith Milway

              Money Lessons

                One thing that no one really learns before graduation high school is how to manage a loan. Or what you need a loan for. In this story, a boy from Ghana named Kojo takes out a loan and uses it to start a farm to feed and provide for his family. It’s based on true events and it’s a heart warming story of a boy who learns the value of money, how loans work, and how to start a business with very little.

                8. The Federal Reserve comics by The Federal Reserve

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                Money Lessons

                  Yes friends, this is a real thing. The Federal Reserve has a host of comics that illustrate lessons about money. It is a comic and the situations are a little more mature than these other ones so we recommend either reading these to your kids or waiting until they’re old enough to understand them. The link above goes to the search page where you can download the PDFs of each comic for free.

                  Wrap up

                  There are a whole bunch of children’s books out there that teach a great number of things. A lot of them will come through personal experience or through school. However, money management is something that rests almost solely on parents. It’s tough to do but with books like these you can teach your child the value of a dollar and the value of work.

                  Featured photo credit: Indiana Public Media via indianapublicmedia.org

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                  Joseph Hindy

                  A writer, editor, and YouTuber who likes to share about technology and lifestyle tips.

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                  Last Updated on June 1, 2020

                  10 Reasons Why Following Your Passion Is More Important Than Money

                  10 Reasons Why Following Your Passion Is More Important Than Money

                  Elite Daily have got some great points as to why you should chase down your dream job, regardless of how much the wage is. If you’re feeling unfulfilled in your career, maybe it’s because you’re on a path that doesn’t connect with your passion? Maybe it’s time to steer right off that road and take a different route:

                  Money is a very powerful thing, it builds empires and breaks down kingdoms, it allows for dreams to come true and it takes others away, it makes some people happy and others completely miserable. Today the pursuit of money is almost directly linked to the pursuit of happiness, many will argue that money = happiness.

                  However, this is inherently problematic as this mindset leads many people to stray down a path that doesn’t best suit them. When people choose their careers, they are sometimes blinded by money and so choose to follow the paper trail. Although money is great and can buy us all the things that will temporarily make us happy, no amount of money can buy time. Time is our most valuable asset and it is something, that while on this earth, we should spend most wisely. You shouldn’t feel like you’re mindlessly wasting your life away

                  This generation is particularly in trouble because jobs are scarce and many of us will be stuck doing jobs we hate just because we need money. Although this may be the right move for our careers now, this shouldn’t be something we do for the rest of our lives. it is best we search for something we are passionate about. Here are the 10 reasons why you should follow your passion and not the money.

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                  1. Working for money may seem like good enough motivation for one to keep at their career.

                  Every morning Monday through Friday you go to work 9 to 5 sitting their punching away the hours stressing about the work at hand. This is not a way to enjoy your life. Working for 8 hours a day 5 times a week at something that makes you miserable is not the way you live life to the fullest.

                  Many people who choose careers that don’t make them happy will tell you that they would all do it differently if they had the chance. You only have one life, so don’t waste it working somewhere you hate just because of the money.

                  2. You’re more passionate about the work you are doing.

                  There is nothing worse than having to wake up every morning during the week to mindlessly go do work you don’t even care about. However, this is never really an issue when you are passionate about the work you do. If you are not forced to work somewhere because of monetary constraint, you truly enjoy what you do and you never really work a day in your life.

                  3. You can relate more to the work and come up with better ideas.

                  Being forced to do work is one of the most draining experiences. While there are times at every job where you may feel the work may be draining and dull, you have to realize that not every day is going to be an enjoyable one. There are highs and lows, but when you are passionate about the work you you look past the dull days. Your creative process is also different. You are more inclined to come up with creative ideas when you like what you do.

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                  4. Work doesn’t feel like it’s forced upon you.

                  When you value money over your overall health and your passion, you will find yourself in an endless cycle of misery. Work no longer becomes a career or a journey, but more of a  taxing nuisance on your mind and body that has to get done.

                  Every day that you go to work with this mindset you begin to hate your job more and more. While many people feel that they must work hard to retire and have money to enjoy themselves, what’s the point of enjoying yourself in your later years when you spent your life being miserable?

                  5. No matter how much money you make, nothing will help you overcome the feeling of doing something you hate.

                  Many accountants come into corporate America, put in reckless hours during the week and make a great paycheck on pay day. Many of them have all this money piled up, but they never really get to enjoy the fruits of their labor because their labor takes up most of their lives.

                  Many of them hate their jobs because they aren’t really passionate about what they do. Is there a worse feeling than doing something you hate? Eventually this hatred will cause stress and in the long run, it will have lasting effects on your health.

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                  6. You are more inclined to work later hours.

                  When you work somewhere that you are passionate about, putting in later hours isn’t as much of a burden as it is when you don’t like what you are doing. To you, putting in the extra hours doesn’t hurt as much because you don’t feel like you are forced to do it, which makes the experience that much more enjoyable.

                  Every industry has a busy season and without a doubt there will come a time when you will need to put in the extra hours. Will it be easier for you to work longer on something you can relate to or something you can’t stand doing?

                  7.You are willing to go above and beyond the call of duty.

                  Certain obligations at your work will require you to go above and beyond the call of duty. In certain times during the busy seasons, you may be asked to do certain tasks that are not part of your everyday schedule. It is much easier for you to put in the extra work if it’s something you actually care about. Because you are passionate about your job, you will be willing to put in the extra effort to go beyond what is required of you.

                  8. No obstacle will stop you from achieving success.

                  When you really enjoy what you do, nothing will stop you from getting your work done. Because you are passionate about what you do, you feel unstoppable and nothing can obstruct you from achieving greatness. Your passion ignites your work, and like a rocket, it accelerates you past road blocks that may come about. Any obstacle that comes your way is accepted and fought off with a creative solution.

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                  9. Our working careers will consume most of our lives, so we might as well do something we enjoy.

                  You will spend a majority of your life working and there is no other way around this fact unless you are born into a wealthy family or marry rich. For the rest of us who weren’t fortunate enough, we will be spending a good portion of our lives working in order to make ends meet.

                  There is no way around this, so we might as well accept the cards we are dealt. Many people go about this the wrong way because they feel like work is something they have to do rather then something they can enjoy. Once you realize that your career should be something you enjoy, then you will lead a more happy and fulfilling life.

                  10. You will get more fulfillment when you finally make it.

                  There are few feelings better than achieving a level of success you set out for yourself. Nothing like crossing off your bucket list of goals you set out for yourself to achieve. When you finally reach the pinnacle, it is that much more enjoyable knowing you got there doing something you love. Remember work doesn’t have to be something that you hate doing, stay true to yourself and always do what makes you happy.

                  The 10 Reasons You Should Follow Your Passion And Not The Money | Elite Daily

                  Featured photo credit: Randalyn Hill via unsplash.com

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