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Looking for books to introduce to your kids the concept of money or personal finance?
Allow me to present you 7 children’s books you can consider for your next book haul and read-aloud session.
“The Berenstain Bears’ Trouble with Money” by Stan and Jan Berenstain
If your kids spend a dollar when they have a dollar, this book would be apt for them. It also teaches kids about the meaning behind an “allowance” and how they should save money in the bank so it collects interest. Suitable for kids aged 3 to 7.
“Alexander, Who Used to Be Rich Last Sunday” by Judith Viorst
I absolutely love this book! There’s something repetitive about it that makes it very literatur-ish. Ha, but laughter aside, it teaches kids about decisions. Every decision that one makes could result in a loss of money, which Alexander made and lost his cents, which quickly added to a dollar. Suitable for kids aged 6 to 8.
“Lemonade in Winter: A Book About Two Kids Counting Money” by Emily Jenkins
The money used may not be applicable in the Singapore context but I like how it still teaches math and simple calculations. You can also take the time to explain to your child how running a business doesn’t guarantee profit right from the start. Suitable for kids aged 3 to 7.
“A Chair for My Mother” by Vera B. Williams
This is a very heartwarming story in my opinion. I think it teaches kids that saving every little penny counts. It adds up! And if you’re into name and fame, then know that this book is a Caldecott Honor Book awarded by the American Library Association. Quality assured. Suitable for kids aged 3 and above.
“One Cent, Two Cents, Old Cent, New Cent: All About Money” by Bonnie Worth (A Dr. Seuss-inspired book)
Read widely and you will know that it’s hard to get stories written in the Singapore context. There are, but not plentiful. But still, I think this book gives a good look into the history of money in other nations, which can be an eye-opener for our juniors. Suitable for kids aged 5 to 7.
“Bunny Money” by Rosemary Wells
A really adorable illustrated book with the bunny theme at the center of it all. This story serves as an underlying reminder that making a trip out requires money: bus fares, lunch, and unexpected mishaps. Suitable for kids from 3 to 5, this picture book introduces our young ones to early math concepts.
“Little Critter: Just Saving My Money” by Mercer Mayer
This is a fantastic storybook that will explain to your child what a “savings account” is. Using words that are easy to understand, young kids from the age of 3 will get introduced to the concept of money and how they have to “work” for it. Animal lovers will adore this simple read!
These children’s books offer a valuable and engaging starting point for teaching young kids about money. Through relatable characters and captivating plots, children will learn vital lessons about saving, spending and making wise financial choices. By introducing these concepts at an early age, we can help set the foundation for a lifetime of financial responsibility and empower our children to make informed decisions as they grow. So grab one of these books, snuggle up with your little ones, and embark on an exciting journey to financial literacy together. Happy reading!
