Best Investing Books For Kids: Teaching financial habits to your children can impart a positive impact on their personality. But it’s not in trend to educate kids about financial management in such an early life. The survey of T. Rowe Price on Parents, Kids, and Money demonstrated that parents usually wait for their kids to reach the age of 15 to teach them finance management.
If you ever compare your child with an adult who learned finance management and investment in childhood, you will see a remarkable difference in their success ratios. It depicts that parents should start educating their kids on investment and personal finance in their early life. The best way to indulge the passion for investment and budgeting is to give them some finance books to read.
Here are the best investing books for kids that will upgrade your children’s mindset and success curve.
Best Investing Books For Kids
1- Growing Money
Growing Money is a book written on the complete circle of money from its manufacturing to inflation and circulation. This book focuses on using this money to save or invest in less risky markets. It shows that the author wants kids to check the risk level before purchasing bonds or investing in the market.
The most appealing factor about this book is its tie-up with the Great Recession. It started in 2008 when kids were likely confused about things. Besides this, some sheets are also available to make adjustments in this Growing Money Investment Game. It will also educate children on the implementation of plans of money investment.
2- I’m A Shareholder Kit
Another interesting book that your kids will love to read is “I’m A Shareholder Kit”. This book dives into the comprehensive detail of new stocks present in the exchange market. The thing that I like the most about this book is its first chapter that indulges your child in different investigating concepts.
For instance, this book explains everything about the shareholder like how he receives an email from the company. It also focuses on the challenges shareholders often face while making a financial decision. Besides this, DRIPs and dividends are the main topics that you can learn through this book.
3- If You Made a Million
David M. Schwartz has also written a worthy book on the illustration of Steven Kellog. His book “If You Made a Million” explains the fundamental strategies and tricks to earn and invest money. You will also learn how to earn better interest rates and dividends in your investment by following the artistic principle of a Mathematical Magician, named Marvelosissimo.
The author also dives into some additional points of money-making to attract kids for boosting their earning interest. Some fun facts are also explained in the book to show that monetization is not a complex task. Kids will also learn how to check cash from your account along with basic finance principles. “If You Made A Million” is a perfect book for kids between the ages of 4 to 8 years.
4- One Cent, Two Cents, Old Cent, New Cent
“One Cent, Two Cents, Old Cent, New Cent” is another perfect book for kids written by Bonnie Worth. This book depicts the importance of money in life. The author’s main motive to write this book is to make kids aware that money cannot grow on trees. So, there is a need to use and invest the money by managing finances properly.
This book is a valuable asset for kids due to the presence of a series of whimsical prose trademarks. To explain such facts, Bonnie Worth focuses on the bartering history, minting of coins, and their working interest. I will recommend this book for kids of 4 to 8 years old.
5- The Everything Kids’ Money Book
Brette Sember’s book “ The Everything Kids’ Money Book” tackles all the problems related to money in words. This book focuses on every aspect of financial management from billing to payment of ins and outs in the growing industry. This book elaborates on the importance of money-making and urges them to save and invest money to enjoy long-term benefits. Kids aged 7 to 12 years will surely love and enjoy this book.
Best Investing Books For Kids Conclusion
These books provide an in-depth delve into all the financial management and investment topics. Parents and kids can find it an easy-to-follow and fun format. By reading any one of these books, your children will be able to utilize their pocket money differently. Deem the education of financial learning in your kids’ nourishing mind at childhood to make them successful.
Best Investing Books For Kids
- Growing Money
- I’m A Shareholder Kit
- If You Made a Million
- One Cent, Two Cents, Old Cent, New Cent
- The Everything Kids’ Money Book
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