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15 BEST BOOKS to Teach Kids About MONEY

thomas jefferson once said never spend

money before you've earned it

it's a valuable lesson that many adults

are still learning and it's a lesson

best learned from a young age children

are like sponges they absorb information

quickly and effortlessly

and while you're teaching them to read

and write you also need to teach them

about money

welcome to alux.com the place where

future billionaires come to get inspired

if you're not subscribed yet you're

missing out

and in this video it's really about

future billionaires the ones that are

going to be choosing our retirement home

one day

so best we start providing a proper

education about money

instead of teaching them to play the

recorder

number one bunny money by rosemary wells

max and ruby are bunny siblings max is

three and ruby is seven

this series has been a firm favorite of

children since 2002

and who better than these two to teach

children about money

the perfect introduction for toddlers is

the story of max and ruby

taking a wallet full of money into town

to buy their granny a present

as is usually the case they run out of

money pretty quickly

the bunnies know that their grandma

would really love a ballerina

box and a pair of vampire teeth as the

story unfolds they run out of money they

have no way of catching the bus home and

use their last quarter to phone their

granny to fetch them

does she get her ballerina box sadly not

but she does get her vampire teeth

it's a simple to follow lesson on money

management and you could print bunny

notes and do a similar experiment with

your children

well maybe don't let your three-year-old

catch the bus alone but you get the

point

number two the go around dollar by

barbara johnston adams

recommended for ages six and up this

book tells the story of the travels of a

dollar bill

we see dollar bills often but have you

ever wondered where that dollar bill has

been

in this story matt finds a dollar on his

way home from school

he uses it to buy shoelaces from eric

eric

buys bubble gum with a dollar and it

forms part of jenny's change as

she's the next customer but it also

gives you a lot of information about

that dollar

it's laden with facts anecdotes and fun

trivia which is a great way to get young

readers intrigued with money from the

get-go

as founder and chairman of the board of

life oren woodward aptly puts it

dollar bill people spend their whole

life seeking to earn it

but won't spend ten minutes seeking to

learn it

number three make your kid a money

genius even if you're not

a parent's guide for kids three to

twenty three by beth

cobliner alexers we love the honest

title of this book

don't let your children make the same

financial mistakes you did

start teaching them from as young as

possible the importance and value of

money

this book is aged for kids 3 right

through to the big kids at age

23. beth is also the author of the

best-selling book get a financial life

which we'll tell you more about soon

this follow-up book is a new york times

bestseller and here's why

the book is not stuffed with jargon that

is difficult to understand

it contains a step-by-step guide for

each age and income bracket

so you don't need to be earning a

fortune to instill good financial values

in your children

the book teaches delayed gratification

how to act

generously how to work hard and to live

within your means

it sounds like this book would do

wonders for grown-ups too

number four ultimate kids money book by

neil

s godfrey parents are often too afraid

to sit down with their children and

discuss

money it's a taboo subject in many homes

but children can only benefit from

having

the talk sooner rather than later we

believe we need to wait until our

children are old enough to understand

the talk

but we're wasting precious teaching time

a cambridge university study showed that

basic money habits are formed by age

seven so don't delay alexers this book

is a winner

neil s godfrey is also the author of

money doesn't grow on trees

as saying you've probably heard a few

times in your house too

she's one of the first female executives

at chase bank and is a mom and

grandmother

her comprehensive guide is for children

aged 5 and up

and has explanations for everything

credit cards

banks savings accounts the federal

reserve you name it

it's got it as she says teach them as

little ones the natural consequences of

money the only way to get it

is to earn it number five

the money smart family system by steve

and net economies

called the total package you won't go

wrong purchasing this book

authors steve and annette cover a wide

scope of topics

from college teen jobs insurance and it

incorporates an effective guide to

paying your children and how

grandparents can get involved in

teaching money skills

so how do you know how effective this

book really is

well the family has been nicknamed

america's cheapest family and have been

featured on good morning america and the

dr phil show

they also have five children so living

frugally is par for the course

the ideas are simple to put into

practice and you can start many of them

immediately

writer samuel johnson puts it

beautifully without frugality

none can be rich and with it very few

would be poor

number six show me the money big

questions about finance by alvin hall

not just a great line in a movie show me

the money is also a great book written

by alvin hall

hall grew up on the florida panhandle as

one of seven children who lived in

extreme poverty

his late grandmother taught him how to

save money he's studied arts but had a

knack for finances

and has since released several books

appeared on tv shows

radio shows and is an expert in his

field this book is still relevant

covering everything from the history of

money to e-commerce

it focuses on ethics economics personal

finance

business debt savings retirements

pensions and so much more

it's the kind of stuff you wished you

had learned in school but didn't because

you were too busy

learning the recorder number seven

get a financial life by beth cobliner

heyluxers remember many of these books

are available on audible.com

so be sure to look for your favorites

over there they're so great to listen to

on the way to school with your kids

this is the fourth edition of the

best-selling book get a financial life

and targets millennials

kobliner focuses on people in their 20s

and 30s helping them get their financial

lives back on track

and at this stage of the strange

economic climate we find ourselves in

it's more important than ever she helps

people get out of debt

teaches how to save and how to invest

for the future she teaches you how to do

your taxes

how to increase credit scores and avoid

common money mistakes

and if you'd like to hear some more

interesting lessons to teach your

children when it comes to money

be sure to hop onto our sister channel

new parents and watch our video

15 things to teach your child about

money

number eight the kids money book earning

saving spending investing and donating

by

jamie kyle mcgillian ideal for ages 8-12

this book is a great all-inclusive guide

to teach children about money

it covers making a budget how to invest

your earnings

knowing the difference between needs and

wants and sharing the wealth

the book is crammed with beautiful

illustrations and the highlight is

guiding children to become entrepreneurs

and remind your children what thomas

edison said if they ever feel frustrated

with their entrepreneurial ideas

i have not failed i've just found ten

thousand ways that won't work

number nine rock brock and the savings

shock

by sheila bear and barry got meet twins

rock and brock they might look alike but

they're so different

their grandfather offers to give them

each a dollar for every week for 10

weeks

and whatever they have left after 10

weeks he will match it

he says to the boys listen now for

here's the trick

each buck you save i'll match it quick

but spend it there's no extra dough so

save your cash and watch it grow rock

can't believe his luck

he can buy all sorts of things for a

dollar green hair goo

an inflatable moose said you get the

picture but brock

decides to save rock regrets his

decision when he sees his brother

having saved up a small fortune and

learns that it's

never too late to start saving a sweet

and easy to follow story geared for ages

6 to 8 years old number 10

growing money a complete investing guide

for kids

by gail karlitz and debbie honig if you

thought 8 years old was too young to

start learning about investing

you would be wrong this book breaks down

investing in the most basic easy to

understand way

anything from bonds stocks and mutual

funds right through to investing

it teaches the fundamentals of

everything your child needs to know

about investing with fun graphs

quizzes and activities and the beauty

about this book

parents can learn a thing or two as well

number 11. finance 101 for kids

money lessons children cannot afford to

miss by walter and all

targeted for ages 9 to 12 this book was

written by a dad for parents

going through what he went through where

there was nothing he could buy to teach

his children the nitty-gritty of finance

without being way too

ott besides teaching your child to be

kind and gracious and humble

parents must also teach them about

finances and it can get challenging to

navigate everything

so bring in this gem of a book this book

is informative and entertaining

and gives the reader a glimpse into how

money started how you can earn it

how you can invest it what the stock

market is factors that can influence

one's personal finance credit foreign

exchange

and the importance of giving back

number 12 if you made a million by david

schwartz and

stephen kellogg the late jim rohn once

said

become a millionaire not for the million

dollars but for what it will make you to

achieve it

hey luxers we're pretty certain you've

dreamt about earning a million dollars

with this beautiful story you might not

be making a million anytime soon

but it can put the wheels in motion for

your kid to make a million

marvolo sisimo the mathematical magician

is ready to give your child the ins and

outs of how to earn money

invest it and live off the interest the

book is award winning and

marvolo sisimo takes the different

characters of the book to the bank to

explain what they can do with their

money

this book really tackles the topic in an

easy to understand way

there's also a brief study guide that

authors have released which you can

download in pdf formats

which helps parents to use the book well

and reap the most benefit from it

number 13. national geographic kids

everything money

a wealth of facts photos and fun by

kathy fergang

national geographic released its very

first issue in 1888 and it hasn't

stopped publishing since

so we're pretty certain that this fun

interactive book about finance for kids

has got everything covered

there are photos fun facts and easy to

manage bite-sized pieces of information

about money

topics range from the history of money

right through to how to fold a dollar

bill into origami butterflies

if you keep up the financial training of

your children they'll be folding 100

bills into origami butterflies number 14

how to turn 100 into one million dollars

earn save invest by james mckenna

janine glista and matt fontaine

this trio of authors writes making money

is a game and we're going to teach you

the basic rules

just that line alone is enough to hook

you right from the onset

the book is an easy to read

comprehensive and entertaining guide to

creating wealth

the bonus about this book is it includes

a section helping readers with resumes

finding jobs and actually working it's

geared for ages 10 to 14

and is a small investment now that will

reap great rewards later on in life

number 15 smart money smart kids

by dave ramsey and rachel cruz

considered the best book of all this one

is a dad and daughter collaboration

the book was released in 2014 and hasn't

waned in popularity since the book is

well written and you'll be able to

relate to many of the concepts from your

own family life and experiences

it starts off simple covering the basic

concepts we need to teach our younger

children

it then moves on to paying for college

your child's first

job with emphasis on giving great work

ethic

and deals with different ideas to stay

debt-free

the book also has another angle many

others don't

and that's dealing with discontentment

like william morris once said

the true secret of happiness lies in

taking a genuine interest in all the

details of daily life

and remember alexers head to audible.com

to listen to your favorite

now which of these books would you

consider purchasing for your own

children or even yourself

we love hearing from you in the comments

now since you stuck with us until the

end we do have one bonus for you up our

sleeve

here it is when we have children we

often buy them a little piggy bank to

save their money in

and while that's a lovely concept

there's nothing visually stimulating the

child to want to save more

they can only feel the weight of the

piggy bank but can't see how far away

they are from reaching their goal

let them use a clear glass jar for their

savings

that way they can clearly see where they

are and how far they need to go to reach

a goal

it's a great talking point and will

inspire them to save

even harder and with that bye for now

alexers

remember we have plenty more videos and

they come out daily

just subscribe to our channel and as

always we appreciate your likes on this

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