Growing Money: A Complete Investing Guide for Kids

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Overview

This newly updated edition of Growing Money answers every question a budding investor might ask: How do you read stock pages? What's the difference between stocks and bonds? Why do stocks go up and down? How can I keep track of investments? Can kids invest?

There has never been a time when the world of finance has been so much a part of kids' daily lives. Today's kids want to know everything about money-especially how to make it grow. This completely updated guide explains savings accounts, bonds, stocks, and even mutual funds! Included are fun quizzes to reveal a young investor's risk tolerance, stories of success and failure, a behind-the-scenes look at the New York Stock Exchange, and...

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Overview

This newly updated edition of Growing Money answers every question a budding investor might ask: How do you read stock pages? What's the difference between stocks and bonds? Why do stocks go up and down? How can I keep track of investments? Can kids invest?

There has never been a time when the world of finance has been so much a part of kids' daily lives. Today's kids want to know everything about money-especially how to make it grow. This completely updated guide explains savings accounts, bonds, stocks, and even mutual funds! Included are fun quizzes to reveal a young investor's risk tolerance, stories of success and failure, a behind-the-scenes look at the New York Stock Exchange, and best of all, an imaginary fund of dollars to invest, along with suggestions for selecting companies compatible with kids' values. New to this edition are chapters on financial responsibility, true-life tales of other kid investors, and step-by-step instructions of just how to buy stocks. Tell your parents-investing isn't only for grown-ups anymore!

Explains different types of investing--savings accounts, bonds, stocks, and mutual funds--and provides information to help make decisions on each kind of investment.

Editorial Reviews

Children's Literature
Interest, dividends, treasury bonds, portfolio, mutual funds...the complicated world of investing unfolds in a meaningful and stimulating way in this book. Young minds learn plenty of practical information about high finance in an accessible format. Kids learn what different investments mean, how to read the financial pages, and take a test to determine what type of investors they are. Readers also develop a mock portfolio with $10,000 to track over time. This valuable book gives kids a window into a complicated world and teaches them the importance of saving and investing for the future. What a great resource for individual libraries and classrooms alike.
School Library Journal
Gr 4-8-A clear explanation of the theory behind investing and compound interest. Related terms are introduced and defined throughout the volume and anecdotes citing companies familiar to children (e.g., Kellogg's, IBM, Coca-Cola) often illustrate principles. One chapter is devoted to deciphering a financial page in a newspaper. Sample forms illustrate how to record income, withdrawals, and savings, and quizzes measure knowledge and risk tolerance. Black-and-white cartoons and several charts accompany the text. This useful how-to book is the next step for readers of Neale S. Godfrey's Ultimate Kid's Money Book (S & S, 1998) and Betsy Maestro's The Story of Money (Clarion, 1993). Librarians and teachers will want to recommend it to budding entrepreneurs and children who spend money as fast as they earn it.-Kathleen A. Nester, Downingtown High Ninth Grade Center, PA Copyright 1999 Cahners Business Information.
Parent Council
Children definitely need to learn about money. While this book does not discuss how you get money, it does do a complete job of introducing how to save and invest money. Ten chapters move from the elementary "Where Do You Keep Your Money?" and practical "The Lowdown on Saving Banks," to the advanced "Stocks: The Financial Supermarkets" and on to a stretch "Reading the Financial Pages." Simple presentations of complex topics are enhanced by appropriate, helpful, and sometimes amusing black and white illustrations. --The Parent Council
Children's Literature
The mystifying grown-up world of money management and investing is tamed for the young and new-to-investing of just about any age in this easy-to-read and instructive guide to savings accounts, stocks, bonds and mutual funds. Early chapters focus on money's purchasing power and how purchasing power has changed over time. The reader is next introduced to the concept of growing money and the varied ways this can be done. Large print with bold headings breaks the text into short sections that clarify the abstract investment instruments of stocks and bonds and economic vocabulary such as NASDAQ, Federal funds rate, splits, and the bulls and bears of Wall Street. Charts, graphs and other visual interpretations of the economic principles under discussion expand on the text. Companies with familiar names, like Google and Apple, are used as examples, adding interest and appeal. The final chapter presents an investment game that puts all the terms, concepts and strategies outlined in the book into play. The book closes with sample investment tracking records for stocks and portfolio values, a glossary, a list of web sites titled "Other Sources for Financial Vocabulary" and an index. This book succeeds in presenting complex information succinctly and clearly and would be an excellent resource for a middle or high school class studying economics or an introductory financial investment class. Reviewer: Hazel Buys

Product Details

  • ISBN-13: 9780843177022
  • Publisher: Penguin Group (USA)
  • Publication date: 11/28/2001
  • Edition description: REVISED
  • Pages: 144
  • Age range: 9 - 12 Years
  • Product dimensions: 7.36 (w) x 9.08 (h) x 0.37 (d)

Meet the Author

Gail Karlitz lives in Stamford, Connecticut.

Debbie Honig lives in New York, New York.

Stephen Lewis lives in New York, New York.

Customer Reviews

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Sort by: Showing all of 3 Customer Reviews
  • Anonymous

    Posted December 8, 2001

    Great introduction to investing for youth

    Reviewed by Ted Lea, author of 'When I Grow Up I'm Going to be a Millionaire (A Children's Guide to Mutual Funds)'. Many adults wish they had started investing when they were younger. This book provides a good framework for children to start understanding the concepts of investing, which will serve them well all through life. When your children grow up to be financially secure they can make a difference in society. This book is easy to read and provides a great introduction.

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    Posted April 24, 2010

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