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Books About Money for Kids

Updated on September 3, 2014
Teach children how to handle money with this list of great books.
Teach children how to handle money with this list of great books. | Source

Children need to learn about money from an early age. They need to take money to school for lunch and field trips. They want things and need to understand that they cannot buy everything that they see. Since they will use money throughout their lives, it is important that we teach them the basic concepts of money management from an early age.

Here are just a few of the things they should learn:

  • the value of different coins and bills
  • counting money
  • the purpose of money to exchange goods
  • the history of money
  • how companies market to make a product appear to be better than it is
  • importance of balancing your budget
  • creating long term goals
  • how to determine good value
  • how banks work and the Federal Reserve Bank
  • the power of compounding
  • savings accounts
  • checking accounts
  • how to balance your checkbook
  • investing in stocks and bonds
  • mutual funds
  • social security, pensions, and retirement funds

The best way to teach them is in real life situations, as you are experiencing a situation that involves money. But there usually isn't time to explain everything when you are at the store or handing them lunch money in the morning. To supplement your instructions, it is useful to use books on the topic that teach the concept of money in a way that is interesting for kids. This article shows my favorites.

Lemonade in Winter: A Book About Two Kids Counting Money

Lemonade In Winter by Emily Jenkins is a picture book that helps introduce the concept of money to young children ages 3 and up. The characters, Pauline and John John, decide to have a lemonade stand in the winter. It teaches marketing, advertising, choosing the price for the lemonade, and counting the sales.

One Cent, Two Cents, Old Cent, New Cent: All About Money

Bonnie Worth and illustrator Aristides Ruiz bring us the Cat in the Hat Learning Library book named One Cent, Two Cents, Old Cent, New Cent: All About Money. It provides a simple look at the history of money beginning with the ancient practice of bartering and goes on to discuss banking and minting coins. While it is not as enjoyable as other Dr. Seuss books, it does provide a fun way for children ages 4 and up to be introduced to financial concepts and the world economy.

The Everything Kids' Money Book: Earn it, save it, and watch it grow!

The Everything Kids' Money Book: Earn it, save it, and watch it grow! is written for children over 9. It covers many different aspects of money. It includes a variety of lessons, including the history of money, the banking system, how bills and coins are made, the use of money and the things that can be purchased, how to save money and watch it grow, investments and credit cards. It even covers the Federal Reserve Bank and the Euro. All of this is done in a way to make it interesting for kids to learn about finance.

Money Sense for Kids

Money Sense for Kids by Hollis Page Harman provides children over the age of 9 details to their money questions. The first part discusses the history of money and the U.S. currency including details such as serial numbers and the safety features in the newly designed bills. The second part explains the use of social security numbers and provides suggestions on how to earn money. The third part discusses investments, stocks and bonds. It talks about the three different stock exchanges.

Growing Money: A Complete Investing Guide for Kids

Growing Money: A Complete Investing Guide for Kids by Gail Karlitz and Debbie Honig helps kids age 8 and up learn how to invest their savings. It explains savings accounts, stocks, bonds, and mutual funds. It shows them how to keep track of the deposits and withdrawals in their savings accounts. It helps children understand the power of compound interest, and uses real life examples of companies that will interest children to help them understand stocks. It helps them measure their risk tolerance. It is easy to understand and explains financial terminology and important concepts that will help them in their life.

There are tests at the end of the chapters and a game at the end of the book that helps measure what they have learned.

Have you read books about money?

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Money Books for Kids

From learning the concept of money in general as a means to obtain goods and services, to learning the value of individual coins and bills, to learning to count money, earn it, spend it, and invest it, children need to learn how to handle money so they don't get cheated and so that they can save enough for what they want. The books listed in this article will help supplement the values that you teach your children. These books make learning about money fun, and help make sure that your kids have the skills they need to learn to be successful in life.

© 2013 Shasta Matova

Comments: "Books About Money for Kids"

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    • peachpurple profile image

      peachy 2 years ago from Home Sweet Home

      it is wise to teach kids about handling money since young

    • Millionaire Tips profile image

      Shasta Matova 3 years ago from USA

      Thanks Tamara. That is a good series of books.

    • tamarawilhite profile image

      Tamara Wilhite 3 years ago from Fort Worth, Texas

      A good resource to add to this list is the Dave Ramsey "Junior" series, talking about saving, giving and earning money.

    • Millionaire Tips profile image

      Shasta Matova 3 years ago from USA

      Thank you for the idea peachpurple. The book One Cent, Two Cents, Old Cent, New Cent: All About Money is a great fun way for children to learn about money.

    • peachpurple profile image

      peachy 3 years ago from Home Sweet Home

      i think cat in the hat book would be a great one to teach kids about money

    • Millionaire Tips profile image

      Shasta Matova 4 years ago from USA

      Thanks Roberta for the link. Teaching children the proper place of money (it's not the only important thing) and how it is earned and how to use it to get the best value is important.

    • RTalloni profile image

      RTalloni 4 years ago from the short journey

      Providing children with information about using money wisely is so important. Here's a link to D. Ramsey's resources for parents to use with kids:

      Sharing resources with young parents that guide them through the materialistic attitudes of the "money is everything" mindset is so important. Beginning when the kids are young is a good thing!

    • Millionaire Tips profile image

      Shasta Matova 4 years ago from USA

      Thanks Tamara. Dave Ramsey has written many great books on all aspects of money. Thanks for your input.

    • tamarawilhite profile image

      Tamara Wilhite 4 years ago from Fort Worth, Texas

      I recommend Dave Ramsey's Junior book series; it covers everything from saving to charity.

    • Millionaire Tips profile image

      Shasta Matova 5 years ago from USA

      Thanks FlourishAnway, that is a good point. If we don't teach them now, not only will they suffer, but we may wind up having to help them out as well and suffer with them.

    • FlourishAnyway profile image

      FlourishAnyway 5 years ago from USA

      Great resource list -- both the books and the list of things they need to know. If we don't teach them now, we'll have them back in the house later because they did not know how to earn or budget wisely.

    • Millionaire Tips profile image

      Shasta Matova 5 years ago from USA

      Thanks kellyteam. You're right, children need to learn about retirement and the importance of saving up for it from an early age.

      You're welcome joym7. I will take a look at your articles when I get a chance.

      Tamara, thank you for the additional suggestion.

    • Millionaire Tips profile image

      Shasta Matova 5 years ago from USA

      Thanks Dianna, it would be great if children learn about money and finance at school, but luckily, we have these books that can help us make sure they do get the information that they need.

      Thank you stuff4kids. Giving these books to kids will help them learn how to obtain their own information about money management.

    • Millionaire Tips profile image

      Shasta Matova 5 years ago from USA

      Thank you LeslieAdrienne. I too am glad you came across this article, and hope that your Pinterest friends and teachers will find it helpful as well.

      Thanks Glimmer Twin Fan. It is easy for children to want to buy everything they want. It takes a while for them to understand that there are limited resources and they need to prioritize.

    • Millionaire Tips profile image

      Shasta Matova 5 years ago from USA

      Thanks torrilynn. These great books will help make sure that children (and adults) can learn to be responsible with money.

      Thanks Graham. Since money winds up getting involved in so many of our life's functions, it does really help to understand the value of money from an early age.

    • Millionaire Tips profile image

      Shasta Matova 5 years ago from USA

      Joe, it would be nice if schools taught personal finance, but as parents, we can do a great deal to make sure that our children understand how to deal with money.

      You're welcome randomcreative. You're so right, it is very important that we make sure our children learn about money from an early age.

    • tamarawilhite profile image

      Tamara Wilhite 5 years ago from Fort Worth, Texas

      Dave Ramsey's Financial Peace Junior books are a good resource, as well. My kids have read the book set several times.

    • joym7 profile image

      Joy 5 years ago from United States

      these are awesome books.... we should teach our kids about money management and this is very essential in the today's time. I have written a few articles about this topics and planning to write few more.

      Thank you for inspiring me @millionaire Tips

    • kellyteam profile image

      Willette 5 years ago from Michigan

      This is so useful. With the way social security is going, this is very much needed for children. they need to start saving for retirement very young. Awesome hub, well put together. I need to checkout a couple of these for my grandchildren and my classrooms. Shared, thumbs up awesome and definitely useful. Keep on hubbing.

    • stuff4kids profile image

      Amanda Littlejohn 5 years ago

      I do so agree with you that managing money - and all resources - is such an important thing to teach to kids and you've put together here a very thoughtful selection of books that look simply great.

      Thank you for sharing your knowledge and ideas. It's great to read.

      Bless you:)

    • teaches12345 profile image

      Dianna Mendez 5 years ago

      I only wish this were taught to our children in school at an early age. Great suggestions for parents who wish to educate their kids on finance and savings.

    • Glimmer Twin Fan profile image

      Glimmer Twin Fan 5 years ago

      This is really useful. My daughter needs to read one of these since she thinks that anything she gets needs to be spent immediately. Useful hub!

    • LeslieAdrienne profile image

      Leslie A. Shields 5 years ago from Georgia

      I absolutely love this hub.... I was hopping and found it!!! Thanks for writing it. I plan to pin it to Pininterest-teachers could use it!

    • old albion profile image

      Graham Lee 5 years ago from Lancashire. England.

      Hi Millionaire. Absolutely right. The value of money needs to be appreciated from the start. Well done.


    • torrilynn profile image

      torrilynn 5 years ago


      i completely agree with you and feel that it is important for

      kids to learn about managing money at a young age

      that way when they are older they know how to be

      responsible with it. interesting hub and nice tips.

      voted up

    • randomcreative profile image

      Rose Clearfield 5 years ago from Milwaukee, Wisconsin

      Money is such an important concept. The earlier we can start teaching it to kids, the better. Thanks for the great resources.

    • hawaiianodysseus profile image

      Hawaiian Odysseus 5 years ago from Southeast Washington state

      I simply don't understand why our schools do not have classes teaching our children--even at the high school level--about personal finance. So it's up to parents to do their very best. This is a hub that's tremendously beneficial towards that very end. Thanks for sharing!