He has beautifully woven the culture of his native Tanzania into a book about money for kids, My Rows and Piles of Coins. The award-winning author’s work has been translated into Korean, Spanish, Serbian, Norwegian, and more. Tololwa Mollel is a children’s book author who has written 17 books that have been published all over the world. My Rows and Piles of CoinsĪge Group: Written for children ages 4 to 7 years old Phelan is donating at least 10 percent of the profits from his book sales to non-profit groups supporting youth financial literacy. These questions create conversations about key money concepts. Stash the Squirrel guides young readers through the story, encouraging them to ask questions of the adult reading with them. Readers go through each letter of the alphabet, learning a new money term for every letter. M is for Money will teach your kids the basic terminology of money. As the co-lead Personal Finance Curriculum writer for the ChooseFI Foundation, he was uniquely qualified for the task. When he couldn’t find anything, he decided to write one himself. The idea struck him as he searched for a money vocabulary book for his then-18-month-old son. High school math and personal finance teacher Rob Phelan was already immersed in the world of financial independence when he was inspired to write a book on financial literacy for kids. Best Books To Teach Young Kids About Money M is for MoneyĪge Group: Written for children ages 3 to 8 years old Here’s your chance to break that cycle! We’re pleased to share some of our favorite finance books for kids that will capture their attention with colorful artwork, fun characters, and engaging stories. Children who don’t understand the most basic financial concepts grow up to be adults who make costly money mistakes. According to the Nation’s Report Card on Financial Literacy, four out of five adults say they never had a chance to learn about personal finance. It’s a sad but true reality that most parents never talk to their kids about money. Just the fact that it’s on your radar means you’re already way ahead of the game. Remember, think of this as an opportunity rather than a challenge! After all, financial literacy is one of the most empowering gifts you can give your child. How can you find time to teach your kids about money management and financial responsibility when there are so many other things for them to learn?ĭon’t get discouraged. And if you’re a parent, it can feel overwhelming. From tying their shoelaces to opening those tricky milk cartons, there’s no doubt that kids have a lot to learn.
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