Ever since my boys were babies, reading bedtime stories was a cherished part of our nightly routine. We would snuggle in a big comfy chair and read “The Three Little Pigs” or “Three Billy Goats Gruff” for the hundredth time.
Now my kids are older. They can read on their own and each has a different taste in literature. Despite that, I still try to keep up the tradition of reading to them. I think it’s a great bonding moment and an amazing opportunity to teach them about money. Storytelling is an incredibly powerful tool for learning hard topics such as finance with kids of all ages.
If you are not sure how to start the conversation about money with your kids, you’re in the right place. I rounded up some of my favorite kids’ money books by age, so you can set your child on a path to financial success. Happy reading!
Preschool to 3rd Grade
This classic Berenstain Bears story is a perfect way to teach children about the importance of being responsible with money.
This beautiful book with over 50 stickers teaches your little ones the value of money. Mama and Papa are worried that Brother and Sister seem to think money grows on trees. To make money of their own, the cubs decide to start their very own businesses, from a lemonade stand to a pet-walking service.
The Cat the Hat puts to rest any notion that money grows on trees in this super simple look at numismatics, the study of money, and its history. Beginning with the ancient practice of bartering, the Cat explains various forms of money used in different cultures, from shells, feathers, leather, and jade to metal ingots to coins, to the current king of currency, paper. Also included is a look at banking, from the use of temples as the first banks to the concept of gaining or paying interest, and a step-by-step guide to minting coins.
With simple math concepts throughout, this book is a read-aloud that’s great for storytime and is sure to be a hit among the legions of Jenkins and Karas fans. This cute story is a parable about persistence and entrepreneurship.
My boys used to love the Max and Ruby books by Rosemary Wells. They are great lessons told simply with fun and silliness for very young kids. This one is teaching little readers about the importance of saving money and making smart choices about spending it.
This is a classic award-winning picture book that I hope my kids will read to their children one day. It beautifully expresses the joyful spirit of a loving family and teaches kids about the importance of saving.
This book is a perfect starting point for teaching your kids the difference between wants and needs.
Lily wants a new bike. And a new raincoat. And ice cream. But how many of these things does she need? As Lily and her dad drive around town, Lily soon discovers that wants and needs are different things. She picks out which things people have to have.
When George decides to save up for that special red train in the toy store, he doesn’t realize how long it will take—or how hard he’ll have to work for his money. But when the time finally arrives to take his very full piggy bank to the toy store—surprise! —George loses it.
This book teaches the youngest readers about paper and coin money. It also even weaves in thoughtful lessons about making sure you do not misplace your money and how sharing with others can be rewarding.
Another classic Berenstain Bears story is a perfect way to teach children about money and responsibility. Papa thinks it’s time to teach Brother and Sister how to budget their money, but will the cubs come to understand the value of a dollar, or will their pockets continue to be empty?
George, a newly minted quarter on his way to the bank, is in for quite a day. He’s about to be traded, spent, lost, found, donated, dropped into a vending machine, washed in a washing machine, and generally passed all around town. By the time George finally ends up back at the bank, he’s given readers a real run for their money. After having listened to this cute book, your kids will never look the same way at their pocket change.
This is a cute story about earning and saving money.
Little Critter works hard for his money! When he wants a new skateboard, Dad tells him that he needs to save his own money to buy it! He tries his very best but soon finds that saving enough for what he wants isn’t so easy.
3rd Grade to 8th Grade
This is what I’m currently reading with my kids. In Finance 101 for Kids, children and parents will explore how money started, how to earn and make money, saving and investing, what credit is and the dangers of mishandling credit, what the stock market is, economic forces that can affect personal finance, what currencies and foreign exchanges are, the importance of giving back to the community, and much more.
All you need to know about money can be found in the pages of this colorful, energetic, and accessible book. Kids will also learn about money around the world from a National Geographic expert, featured in “Explorer’s Corners” throughout the book. Packed with fun facts and amazing photographs, this book gives kids an in-depth look at this fascinating and important topic.
If the only thing your children know about money is how to spend it, it’s time to teach them a different lesson. This book explains how to create a budget, make big bucks, invest your earnings, and donate to charity. With advice on understanding the difference between needs and wants, getting the most from an allowance, becoming an entrepreneur, and sharing the wealth, The Kids’ Money Guide will make a mogul out of any reader.
Growing Money is a fantastic book about economics, finance, and investing for children. It is engaging, fun, and informative. This complete guide explains in kid-friendly terms all about savings accounts, bonds, stocks, and even mutual funds!
This survival guide introduces the basics of financial literacy and money management for kids—from earning and saving money to spending and donating it—and gives readers essential skills for financial know-how. The book also explores how choices about money and finances connect to character development and social-emotional well-being. Readers will find ideas for setting money goals, delaying gratification, being thrifty, building self-esteem, giving to charity, and making socially responsible spending and donating decisions.
This catchy title immediately caught my eye and the content of the book did not disappoint. This is a thorough introduction to finance. The book includes chapters on setting financial goals, making a budget, getting a job, starting a business, and investing smartly – and how to think like a millionaire. Plus: a one-page business plan template, a two-page plan to become a millionaire, and a personal budget tracker.
The Motley Fool Investment Guide for Teens: 8 Steps to Having More Money Than Your Parents Ever Dreamed Of
The Motley Fool Investment Guide for Teens helps teens build a portfolio of stocks they care about and take advantage of the investor’s best friend—time—to watch their profits multiply.
This book will show your teen how to: question authority when it comes to managing your money, save cash (for investing, for college…and, yes, even for having fun!), dodge the spending and saving pitfalls that trap so many adults, get started investing—online and off—with just a few dollars, discover up-and-coming businesses that could become future blue chips.
All About Money – Economics – Business – Ages 10+: The Thinking Tree – Do-It-Yourself Homeschooling Curriculum
This book is an amazing resource for understanding major economic concepts and how money works in society. The activities and lessons in this book will help teens to understand money, business, economics, government, and so much more.
They will also look into historic events that changed the country such as the Great Depression. In order to understand the future, we must learn from the past. In order to succeed, we must understand why so many businesses fail, and why others thrive even in hard times.
I would say this book is a great introduction to basic macroeconomic concepts.
The Bigger Picture
Jumpstarting your child’s financial education through reading fun kids’ books is a great way to develop their interest in money management, teach children about money, and help them develop healthy money habits that around earning, saving, spending, investing, and donating. The lessons that your kids learn now will have a profound impact on how they handle money as adults.
Wondering what else can you do to help your child develop solid money management skills? Head over to this post: