How often do your kids ask you "Can we buy this?" Well, it's time to teach them more about the buying process - money, why to save it and when to spend it. Give your kids a skill they'll use for the rest of their lives!
Great Reads about Money
In "Money Troubles" by Bill Cosby, Little Bill is trying to earn enough money to buy a telescope; along the way, he gets some lessons in wants vs. needs, giving to others and what's really important about money.
"My Rows and Piles of Coins" by Tololwa M. Mollel - Saruni is saving his money in order to buy a bicycle to help his mother carry things home from the marketplace each week. A wonderful story about saving for a good cause, and how kids can make a difference for their family.
"Alexander, Who Used to Be Rich Last Sunday" by Judith Viorst - With lots of humor and lessons learned, kids can identify with Alexander's plight of there being so many ways to spend your money, and how quickly it can disappear. Good for introducing the concept of subtracting money and early money management.
"A Chair for My Mother" by Vera B Williams - An amazing story about how a family & neighbors saved their money in order to purchase a chair for a very hard-working mom that had lost all her furniture in a fire. Great lessons on the sacrifices and decisions you have to make with money, and the satisfaction when you reach your goal.
Discover More about Money
- Play the Disney "Piggy Bank Adventure" game and learn about setting goals, play games and earn rewards.
- Great games and activites to learn about money from the US Mint.
Explore Money in KC
The Money Museum
The Money Museum can be found at the Federal Reserve Bank in Kansas City. Kids can explore exhibits and interactive activities that teach about money. During your visit, kids can:
- See how a bank vault really works
- Design their own money
- Learn how heavy a gold bar feels
- See what $30 million dollars looks like
Admission to the museum is free - check the museum's Visitor's page for hours and information.