10 books for kids to learn about entrepreneurship and financial literacy

Today, it’s more important than ever for kids to be financially savvy and understand the basics of entrepreneurship. With the ever-changing economy and the rising cost of living, it is essential that children learn to be financially responsible from an early age. The following ten books teach financial literacy and entrepreneurial skills in an engaging and accessible way for children.

Kidpreneurs: young entrepreneurs with big ideas

Surely we have all heard this common statement: “It’s never too late”. Well, Adam and Matthew Toren, authors of Kidpreneurs, offer a different perspective. They say “It’s never too early!” It’s no surprise that children can grasp fundamental business concepts and entrepreneurial benefits. Introducing some standard strategies that children can use is what Kidpreneurs aims to accomplish. Specifically, this book details the invaluable wisdom they can gain from building, running, and growing a successful business. Taking a simple and innovative way of introduction, this book describes the crucial systems that can significantly improve children’s entrepreneurial knowledge. It was created with children in mind, which is clearly illustrated through easily understandable illustrations. Therefore, it simplifies the essentials of entrepreneurship to make learning more fun for children. In addition to this, children can strengthen their management skills by trying easy businesses as they grow up. Today begins our future. Consider introducing this book to your children to build their future financial skills. For parents who want to further educate their children about money management through interactive content, Kidpreneurs Academy incorporates fun games they can play into the learning process.

Watch out for the money

There are a lot of choices to make when it comes to money, and it can be hard to know what to do. Watch out for the money can help your children to understand all this. It explores topics such as global banking, ethical trading and how to run a successful business. Together, renowned author Marcus Weeks and Derek Braddon, Professor of Economics at UWE Briston Business School, have written this perfect book to help teens and young adults better understand wealth and the economy. This book also covers various other topics. The global market, current market landscapes, and hidden costs are just a few. Likewise – even if you plan to invest, spend and save – this book can guide you through it.

If you won a million

Do your children dream of becoming millionaires? Marvelosissimo the Mathematical Magician can show you the way by explaining the nitty-gritty while retaining the secrets and magic of making money. This book teaches kids how to invest and earn profits through dividends and interest while showing you how their savings can grow. The tips in this book offer endless possibilities. As stated in its description, If you won a million has achieved great recognition among children’s literature. This was recognized as a Horn Book Fanfare Pick, ALA Outstanding Book, Teachers Choice Pick, and School Library Journal Best Book of the Year.

The Everything Money Book for Kids: Earn It, Save It, and Watch It Grow!

Do you want to help your children understand money and become financially responsible adults? Then The Money Book Everything for Kids is perfect for you! Saving money has evolved beyond a piggy bank. It is common for children today to invest money, start their own business and watch the interest earned on their savings. This book is a one-stop-shop for teaching kids everything they need to know about money management in order to make wise financial decisions. With up-to-date information on digital banking, opening a bank account, and saving their income, this edition is sure to successfully teach kids better money management skills. Topics include: how coins and banknotes are made; What money can buy – from school supplies to entertainment and games; How credit cards work; Ways to see money grow – from savings to stocks; cool fintech; And more!

One hundred, two hundred, old hundred, new hundred

Numismatics is the study of money and its history, and this book gives a very simple overview of the subject. Children will be engaged from the very first page of One hundred, two hundred, old hundred, new hundred as The Cat in the Hat takes them on a journey through the history of money. The book begins by explaining the ancient practice of barter before delving into various forms of currency used in different cultures. These forms include shells, feathers, leather, jade, metal ingots and coins. The book also discusses banking, from the use of temples as early banks to the concept of earning or paying interest. Finally, there is a step-by-step guide to minting coins. This fascinating introduction is meant to change the young reader’s appreciation for change!

Finance 101 for Kids: Money Lessons Kids Can’t Afford to Miss

In a world where everything seems to have a price, it’s more important than ever to teach children the value of money and how to manage it responsibly. Finance 101 for kids is the perfect tool to help children understand the basic concepts of financial literacy in a fun, engaging and relevant way. With charming illustrations and easy-to-understand language, this book is a must-have for parents who want the best possible financial footing for their children.

The Steady Road to a Million Dollars (The Investing Adventures of Bradley Jr)

Many people think that becoming a millionaire is impossible, but with the right mindset and a little effort, it is possible! Bradley Jr. is just a kid, but with his dad’s help, he’s already well on his way to becoming a millionaire. How? Lily The steady road to a million dollars to find out how Bradley Jr.’s father is helping him succeed. Along the way, Bradley Jr. learns about different investment opportunities and how to make his money grow. Time is your most important tool when investing, so don’t wait to get started!

Grandpa’s Fortune Fables: Fun Stories to Teach Kids About Money

Did you know that children form most of their financial habits by age 7? Grandpa’s Fortune Fables is a great way to start talking to your kids about money in a fun and interactive way they’ll love! Do you want to start teaching your kids about money, but you don’t know how to tell them about it? Fortunately, there is a simple solution. Presentation Grandpa’s Fortune Fables – Fun stories to teach kids about money, by Will Rainey. This easy to read book will teach your kids about money management, investing and starting a business. Teaching your children about money from an early age is one of the most important things you can do to ensure their future success. However, this can be a very difficult task, especially if you have never taught yourself. In this book, children can read stories told by Gail, a 13-year-old girl. Gail’s stories describe the adventures that her grandfather embarked on on a remote island, where he became very wealthy by learning invaluable money management skills.

The lemonade war

By combining unique skills – like magical math skills and essential business skills – with humor, The lemonade war sure to pique your child’s interest. Showing an uncommon brother-sister bond, this heartbreaking story briefly details how disagreements can lead to damaging and unforeseen results. Evan Treski, who is adept at communicating with others, always says the right thing. And, he knows exactly what to do to bring people – even adults – to his side. On the contrary, his little sister Jessie is good at math. Although she understands equations and numbers better than anyone her age, she lacks the interpersonal skills needed to understand people and their emotions. With school starting in just five days, Evan and Jessie set a competitive challenge to see who can sell more lemonade before summer vacation ends. With the stakes so high, the actual length of their battle – let alone a winner – is anyone’s guess!

Mulani Moneybags starts a business

In Mulani Moneybags starts a businessNine-year-old Mulani Moneybags is inspired to start her own business after learning about entrepreneurship. With the help of her mother, Mulani sets up a lemonade stand and quickly learns many lessons on the journey to becoming an entrepreneur. Overcoming challenges and celebrating triumphs, Mulani discovers that one of the most valuable tools for any entrepreneur is the love and support of family. Following Mulani’s journey, we watch her learn many lessons on becoming an entrepreneur. With the help of her mother, Mulani learns both the benefits and the difficulties of being her own boss.

We all want the best for our children, and that includes helping them build strong financial literacy skills. Entrepreneurship is a great way to learn how to manage money, develop business strategies and take risks. The books on this list are some of the best options for teaching kids about entrepreneurship and financial literacy. They provide valuable lessons that can help your child succeed in life.

The opinions expressed here by Inc.com columnists are their own, not those of Inc.com.

About Shirley L. Kreger

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