What are the top 10 investing books for kids under age 10 to teach them about money?
AI's response in regular print | Beverly Hills, CFP®, Joe O'Boyle's in italics
“What are the top 10 investing books for kids under age 10 to teach them about money?”
Here are some of the top 10 investing books for kids under age 10 (organized by age appropriateness from youngest to oldest):
1. "The Little Piggy Bank" by Sharon Kane is a delightful children's book that teaches valuable lessons about saving money and the importance of responsible spending. This book is appropriate for children ages 3 to 5.
The story follows the journey of a little piggy bank named Penelope who is eager to learn about saving money. Penelope is initially dismayed when she sees her friends spending all their money on toys and treats, but her mother teaches her the value of saving and the rewards it brings. Through her mother's guidance and her own hard work, Penelope learns how to save money for things she really wants.
Overall, "The Little Piggy Bank" is an excellent book that parents can use to introduce their children to the concept of saving money. It promotes financial responsibility and encourages children to be mindful of their spending habits. The book is a must-read for parents who want to instill good financial habits in their children at an early age.
2. "Curious George Saves His Pennies" by H.A. Rey is a delightful children's book that teaches kids the value of saving money and the rewards of delayed gratification. This book is appropriate for children ages 3 to 7.
The story follows Curious George, a mischievous monkey, as he learns about saving money by collecting and counting his pennies. Along the way, he has a few setbacks but ultimately saves up enough money to buy something he really wants.
The illustrations are bright and colorful, capturing the fun and playful nature of Curious George. The story is engaging and easy for young children to understand, making it an excellent introduction to the concept of money and saving. The book also includes a helpful section at the end with tips for parents on how to teach kids about money.
Overall, "Curious George Saves His Pennies" is a charming and educational book that teaches important lessons about money in a fun and entertaining way.
3. "Alexander Who Used to Be Rich Last Sunday" by Judith Viorst tells the story of Alexander, a young boy who receives a dollar from his grandparents and spends it on various things throughout the week, leaving him with no money by the end of it. This book is appropriate for children ages 4 to 8.
The book provides a valuable lesson to children about the importance of budgeting and saving money. Alexander's experiences show how quickly money can be spent and how important it is to make wise choices about how to use it.
Overall, "Alexander Who Used to Be Rich Last Sunday" is a great book for parents to read with their children to teach them about money management in a fun and entertaining way. The lessons it imparts are valuable and will help children develop good financial habits from a young age.
4. "The Berenstain Bears' Trouble with Money" by Stan and Jan Berenstain is part of the beloved Berenstain Bears series and focuses on the bear family's struggles with money management. This book is appropriate for children ages 4 to 8.
The book provides a great introduction to the concept of money and financial responsibility for children. It teaches children the importance of earning, saving, and spending money wisely. The book also emphasizes the value of hard work and the benefits of working together as a family to achieve financial goals.
Overall, "The Berenstain Bears' Trouble with Money" is a great book for parents to read with their children to help them develop good financial habits from a young age. It provides valuable lessons that will stay with children as they grow and begin to manage their own finances. The book is a classic in the children's literature genre and is highly recommended for parents looking to teach their children about money management in a fun and entertaining way.
“The Berenstain Bears’ Dollars & Sense” along with “The Berenstain Bears and the Trouble with Chores” are two additional books that are age appropriate for 4 to 8 year olds and go well with “The Berenstain Bears and the Trouble with Money.”
5. "The Coin Counting Book" by Rozanne Lanczak Williams is an engaging and educational book for young children learning to count and recognize different types of coins. This book is appropriate for children ages 4 to 8.
The story follows a group of children as they count and organize their coins to purchase items from a store. Along the way, they learn about the different denominations of coins and how to add them up to make a purchase. The book also includes fun counting activities and challenges for children to practice their coin counting skills.
Overall, "The Coin Counting Book" is a fun and useful tool for teaching young children about money and math.
6. "Max's Money" by Max Biggar is a fun and informative book that teaches children about the basics of money management. This book is appropriate for children ages 4 to 8.
The story follows Max, a young boy who is excited to receive his first allowance and decides to spend it all at once. However, he soon realizes the importance of saving and budgeting when he wants to buy a special toy that costs more than his weekly allowance.
The book is beautifully illustrated and the story is engaging, making it easy for children to understand the concepts of saving, budgeting, and spending wisely. The book also includes helpful tips and activities at the end to reinforce the lessons learned in the story.
Overall, "Max's Money" is a great tool for parents and educators to teach children about money management in a fun and engaging way. It's a must-read for any child who is starting to learn about money and financial responsibility.
7. "A Dollar for Penny" is a children's book written by Julie Glass. This book is appropriate for children ages 4 to 8.
The story follows a young girl named Penny who wants to buy a beautiful blue marble that she sees in a store. However, she quickly realizes that she does not have enough money to purchase the marble. With the help of her mother, she comes up with a plan to save money by doing chores around the house and collecting coins. Penny eventually saves enough money to buy the marble and feels proud of herself for being responsible with her money.
The book is an excellent tool for teaching children about the value of money and the importance of saving. The story is simple and easy to understand, making it perfect for young children. The illustrations are also vibrant and engaging, helping to keep the child's attention. The book is an excellent resource for parents and teachers who want to teach children about money and responsibility in a fun and accessible way.
Overall, "A Dollar for Penny" is an excellent children's book that teaches important lessons about money and the value of hard work.
8. "Dollars and Sense for Kids" by Janet Bamford is an excellent book that teaches children about the value of money and how to handle it responsibly. This book is appropriate for children ages 5 to 10. It covers a wide range of topics, including the history of money, budgeting, saving, investing, and entrepreneurship.
One of the strengths of the book is that it emphasizes the importance of making responsible choices with money, such as setting goals, avoiding debt, and giving back to others. It also encourages children to think about their own values and priorities and how money can help them achieve their goals.
Overall, "Dollars and Sense for Kids" is an excellent resource for parents and educators who want to teach children about money in a fun and engaging way.
9. "The Great Piggy Bank Adventure" by Elizabeth B. Roderick is an interactive children's book designed to teach kids about the value of saving money and making smart financial decisions. This book is appropriate for children ages 6 to 10.
The story follows twins Alex and Emma as they embark on a journey through a magical world, where they learn about the importance of saving money, setting financial goals, and making wise investments.
Throughout the book, children are encouraged to participate in various interactive activities, such as tracking their spending, setting financial goals, and making investment decisions. The book also includes a glossary of financial terms, as well as helpful tips for parents on how to teach their children about money.
Overall, "The Great Piggy Bank Adventure" is a fun and engaging way to introduce children to the basics of money management. The colorful illustrations and interactive activities are sure to capture kids' attention, while the valuable lessons about saving, investing, and setting financial goals will stay with them for years to come.
10. "The Everything Kids' Money Book" by Brette McWhorter Sember is a comprehensive guide for children who want to learn about money management. The book is appropriate for children ages 7 to 12.
The book covers everything from earning money to saving and spending it wisely, as well as how to set financial goals and make a budget. It also includes sections on investing, banking, credit, and taxes.
The author uses clear and simple language to explain financial concepts, and the book is filled with fun quizzes, puzzles, and activities that make learning about money enjoyable. This book is a great resource for children who want to become financially literate and take control of their finances.
Reading books about money and investing with your child at an early age is highly encouraged. It can help teach your child about the value of money and may set the foundation for good money habits for their future.
What did you think? How did AI do?
About OpenAI’s ChatGPT tool:
GPT (short for "Generative Pre-training Transformer") is a type of language model developed by OpenAI that is trained to generate human-like text. ChatGPT is specifically designed for generating text in a conversational style. It is a machine learning model and has been trained on large datasets of real-world conversations in order to learn the patterns and styles of human communication.
Joe O'Boyle is the founder and principal of O'Boyle Wealth Management, a full service financial planning and investment management firm, located in Beverly Hills, California. Joe O’Boyle was named to InvestmentNews 40 under 40 class of 2016, and has a catalog of financial planning and investing articles on Money.com & U.S. News. Disclosure information.