These are some of the best books about money for kids. They’ll help your children learn the finance basics to become adults unburdened by debt.
Your child will spend over 6 years of their lives in school from K-12, yet personal finance isn’t taught during it at most schools. They’re taught what they need to earn money, then thrown into the adult world of 9 to 5 jobs and trying to avoid mountains of debt.
Currently, only 22.7% of students in high school have access to personal finance education according to Next Gen Personal Finance’s 2022 State of Financial Education report.
It’s no wonder millions of adults are dealing with the financial stressors of money issues such as debt. If you want to start early an teach your kids to value money, here are some books that teach about money you can try.
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Money books for kids:
Some of these books were found for free at my local public library, so hopefully you will be able to find them as well. Otherwise, I have included the links to were you can purchase them online.
The Opposite of Spoiled: Raising Kids Who Are Grounded, Generous, and Smart About Money
by Robert Lieber
Though this finance books isn’t specifically for kids, I wanted to include it because it is a book to teach your kids about money. It helps parents start the conversation with their children and find ways to instill the value of money as they grow.
Moneybunny Book Series
by Cinders McLeod
A cute book series titled, “Save It!”, “Earn It!”, “Give It!”, and “Spend It!”. They are short and simple books with great illustrations to learn from.
Reading Age: 3 to 6 Years
The Berenstain Bears’ Dollars and Sense
by Stan & Jan Berenstain
This classic book teaches kids about the value of money and saving their allowance. It can feel a bit outdated due to the discussion of writing and balancing checks. However, it can still be used as an early money management tool.
Reading Age: 3 to 7 Years
How to Turn $100 into $1,000,000: Earn! Save! Invest!
by James McKenna
A detailed book that’s easy to understand for both children and adults alike. I has a great emphasis on the concepts of saving, budgeting, investing and even teaches about compound interest!
Reading Age: 10 to 12 Years
The History of Money: From Bartering to Banking
by Martin Jenkins
This book is geared towards older kids who are interested in learning more about money and the history of it. Even adults will be able to learn something new from it!
Reading Age: 9 to 12 Years
As for adults, here is a list of the best financial books for beginners.