July 14, 2022Lifestyle
Summer reading list: Five kids' books for learning financial literacy
Teaching finance to your kids can be tricky, especially during summer break. That’s why books are especially helpful—they’re a great way to engage children in a conversation about money and how it works. Whether the kids in your life have a part-time job or are opening their first lemonade stand, we've put together a summer reading list with something for everyone:
Heads Up: Money uses colourful images and plain language to explain what money is and how it shapes the world around us. Best for kids between grades 5 and 12, this book covers nearly everything from financial institutions and free trade, to calculating hidden fees and mortgage interest. Written by Marcus Weeks in consultation with Derek Braddon.
How to turn $100 into $1,000,000 teaches kids in grades 4 to 8 how to make and achieve their financial goals. Maybe they want to be a millionaire, or maybe they want a new pair of shoes—whatever they’re dreaming of this book teaches kids how to make, save and grow their money. Written by James McKenna, Jeannine Glista, and Matt Fontaine.
I Want More Pizza is a quick read that teaches teens the value of maximizing your advantages and controlling your own finances. Breaking down personal finance concepts into bite-sized slices, this book provides teens with simple tools and small habits that enable them to take control of their financial futures. Written by Steve Burkholder.
Better Than a Lemonade Stand!: Small Business Ideas for Kids is a must read for young entrepreneurs in grades 4 to 9. Offering over 50 small-business ideas as well as tips for pricing, supplies, and hours of work, this book challenges kids to begin their own adventures in the world of entrepreneurship. Written by Daryl Bernstein.
Principles for Success uses simple language and captivating illustrations, and asks readers to define success in terms of personal values and offers a guide to overcome life’s challenges. Written by Ray Dalio, the founder and co-chair of the best-performing hedge fund in the world.
If you’re looking for more ways to teach the kids in your life about financial literacy, or have questions about youth products and services, we’re here to help you and your family.