Books That Teach Kids About Money

Top 10 Books That Teach Kids About Money


Money management is an essential life skill, and instilling it in children from an early age is crucial. Teaching kids about money can be fun and educational with the help of books that make finance concepts accessible and engaging. If you’re a parent looking to teach kids about money, you’re in the right place! In this post, we’ll explore the top ten books that can help your children on their journey to financial literacy.

Top 10 Books That Teach Kids About Money

More Ways To Teach Kids About Money

Teaching kids about money involves more than just reading books. Here are some additional ways to help your children develop financial literacy:

  1. Hands-On Experience: Give your child an allowance or help them earn money through chores or a part-time job. This practical experience will teach them about earning, saving, and budgeting. Encourage them to set aside a portion of their money for savings and charity.
  2. Use Real Money: When teaching young children about money, use real coins and bills whenever possible. Let them count and handle money to understand its value physically.
  3. Savings Jars: Provide three separate jars or piggy banks for your child: one for spending, one for saving, and one for giving. This simple division helps children allocate their money responsibly.
  4. Grocery Shopping: Involve your child in grocery shopping and show them how to compare prices, use coupons, and make wise purchasing decisions. This practical exercise can instill the importance of budgeting.
  5. Open a Bank Account: As your child gets older, consider opening a bank account in their name. Teach them how to deposit and withdraw money and how to read bank statements.
  6. Online Tools and Apps: Many online tools and personal finance apps are designed to teach kids about money. Apps like “PiggyBot” and “iAllowance” allow children to track their allowances, set goals, and learn about saving.
  7. Board Games: Board games like Monopoly, The Game of Life, and Money Bags are not only fun but also teach valuable financial lessons. These cute games introduce concepts such as budgeting, investing, and strategic decision-making.
  8. Financial Discussions: Have age-appropriate discussions about money at home. Talk about your family’s budget, expenses, and financial goals. Encourage questions and provide clear explanations.
  9. Investing Education: As your child matures, introduce them to the concept of investing. Explain how investments can grow over time and the potential benefits of stocks, bonds, and other investment vehicles.
  10. Charitable Giving: Encourage your child to donate a portion of their allowance or earnings to a cause they care about. This teaches them the importance of giving back and supporting their community.
  11. Role Modeling: Be a good financial role model for your children. Practice responsible financial habits, such as budgeting, saving, and avoiding impulse purchases, so they can learn from your example.
  12. Field Trips: Visit a local bank or financial institution with your child to help demystify the banking process. Many banks offer educational programs for kids.
  13. Financial Literacy Workshops: Look for financial literacy workshops or programs in your community or online that are tailored to kids. These programs often cover age-appropriate financial topics.
  14. Set Goals: Encourage your child to set financial goals, whether it’s saving for a new toy, a bike, or college. Help them create a plan to achieve these goals, emphasizing the importance of patience and discipline.
  15. Money-themed Projects: Engage your child in money-themed projects, such as a lemonade stand, yard sale, or fundraising event. These activities can provide practical lessons in earning and managing money.

Remember that financial education is an ongoing process. As your child grows, you can gradually introduce more complex financial concepts and responsibilities. By incorporating these hands-on experiences and discussions into their upbringing, you’ll help your children become financially literate and confident in managing their money.


Teaching children about money is a vital step in preparing them for a successful and responsible future. These ten books offer a diverse range of stories and lessons that can make the learning process enjoyable and relatable. Whether you’re starting with a picture book or diving into more complex financial concepts, these resources will help your child build a strong foundation in financial literacy. Happy reading, and here’s to a financially savvy future for your children!

Top 10 Books That Teach Kids About Money

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