The Kids' Money Book: Earning, Saving, Spending, Investing, Donating

by Jamie Kyle McGillian

Overview

Earning, Saving, Spending, Investing, Donating.

It's dollars and sense!

If the only thing your children know about money is how to spend it, it's time to teach them a different lesson.

This revised and updated edition of Jamie Kyle McGillian’s thorough financial guide for kids now features the latest information and fresh, fun new illustrations. It explains how to create a budget, make big bucks, invest your earnings, and donate to charity. With advice on understanding the difference between needs and wants, getting the most from an allowance, becoming an entrepreneur, and sharing the wealth, The Kids’ Money Guide will make a mogul out of any reader.

Product Details

ISBN-13:	9781454919773
Publisher:	Union Square Kids
Publication date:	09/06/2016
Pages:	112
Sales rank:	677,503
Product dimensions:	5.90(w) x 8.90(h) x 0.60(d)
Age Range:	8 - 12 Years

About the Author

Jamie Kyle McGillian is a freelance writer who works as an editor for Westchester Parent. She is the author of the self-published Pieces of Lace, a young adult novel, as well as The Busy Mom’s Book of Preschool Activities, Sidewalk Chalk, and Sleepover Party! (all Sterling). She, her husband, and their two daughters earn, save, spend, invest, and donate in Westchester County, NY.

Table of Contents

Introduction 7

1 Moments in Money 10

A History of Money 10

The Origin of Money 12

The new Money 14

Money Timeline 16

2 Money Matters 21

The Money Sense Quiz 22

Where Does it All Go? 26

Know the Difference Between Needs and Wants 28

Adjust Your Attitude-Money Can't Buy You Love 30

3 Making It 36

Allowance-the Big A 36

Can Work "Work" for You? 42

Future Fortune 52

4 Using Your Money Smarts 53

Did You Say Budget? 53

Money Jams 56

Spend, Spend, Then Spend More, Please! 58

Time to Shop 61

5 Growing It 64

Bank on It! 65

Investing 101 71

Calling All Collectors 84

6 Be in Control 85

To Your Credits 86

The Gold in Giving 91

Your Money Sense 95

The Mind-Over-Money Test 98

Afterword 102

Additional Reading 106

Index 108

Editorial Reviews

01/01/2017
Gr 3–5—This update of the 2003 edition by the same author adds credit cards and bitcoin to the broad range of financial topics presented to young money managers. The introduction refers to a 2015 Piper Jaffray survey, "Taking Stock with Teens," as the source of data about what teens buy. U.S. investment bank and asset management firm Piper Jaffray surveyed 6,500 subjects who preferred high-end stores such as Ralph Lauren, so readers with smaller allowances may not find answers to their questions. The content covers the history of money and basic money management, from maximizing allowance through bank accounts to using credit and debit cards. There is discussion of debt, identity theft, and charity. The most valuable tip is the "Immediate Gratification Blaster" (IGB), a trick to help readers hesitate before spending unwisely—this alone is worth the price of admission. The language is simple and accessible to middle grade readers. The explanations are clear despite the breadth of information offered in only 112 pages. VERDICT Targeted toward upper-middle-class consumers/readers. Consider only as an update to the original title.—Dorcas Hand, formerly at Annunciation Orthodox School, Houston

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