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Finance 101 for Kids: Money Lessons Children Cannot Afford to Miss Paperback – April 12, 2016


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How do we equip the next generation with money management skills that they can carry forth into their adult lives?

One of the most important lessons that you can teach your kids is how to handle their money. Unfortunately, for most parents, giving their kids a sound financial education is an afterthought at best. 
 
Frustrated by the lack of resources that apply the concept of finance to real life situations for his own children to learn from, author Walter Andal was inspired to create an informative and entertaining book to help children get on the right path to making smart personal financial decisions.  In Finance 101 for Kids, children and parents will explore: 
* How money started
* How to earn and make money
* Saving and investing
* What credit is and the dangers of mishandling credit
* What the stock market is
* Economic forces that can affect personal finance
* What currencies and foreign exchanges are
* The importance of giving back to the community
 And much, much more!

** Now Available! Finance 102 for Kids: Practical Money Lessons Children Cannot Afford to Miss **

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Product details

  • Publisher ‏ : ‎ Gatekeeper Press (April 12, 2016)
  • Language ‏ : ‎ English
  • Paperback ‏ : ‎ 114 pages
  • ISBN-10 ‏ : ‎ 1634139437
  • ISBN-13 ‏ : ‎ 978-1634139434
  • Reading age ‏ : ‎ 8 - 11 years, from customers
  • Item Weight ‏ : ‎ 5.7 ounces
  • Dimensions ‏ : ‎ 6 x 0.24 x 9 inches
  • Customer Reviews:

About the author

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Walter Andal
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Walter Andal obtained his Master of Business Administration with a concentration in International Finance from the University of La Verne in California, and his Bachelor of Arts in Management Economics from Ateneo de Manila University. He has worked in different capacities in the fields of insurance, banking, real estate, and healthcare. His strong drive to help his own four children become smart and responsible money managers motivated him to create Finance 101 for Kids and Finance 102 for Kids.

Customer reviews

4.7 out of 5 stars
4.7 out of 5
1,996 global ratings
Highly recommended! Excellent book!
5 Stars
Highly recommended! Excellent book!
My kids love these books! Very informative. Highly recommended!
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Top reviews from the United States

Reviewed in the United States on January 25, 2021
This is now becoming gospel in my family. In the past, trying to get my kids to understand the value of money and urging them to develop the proper habits was incredibly frustrating. I did not know how to present these concepts in a simple, relatable way and my kids just zoned out most of the time. After reading this book and seeing how the author laid out the information in such an intuitive way, I made it a goal to read through it with my kids each night. I was surprised at how they were genuinely engaged and asked really great questions! This simple yet thoughtful book has really captured my kids' attention and as a family, we now have a set of guidelines that we apply to our everyday lives.

I'm a little ashamed to admit, but adults can benefit from this book too. If your upbringing was anything like mine where mom and dad generally did not teach you anything about how to handle money other than to tell you to save, this book is for you! Spare your kids a future of financial ignorance and let them see money for what it is so they can make it work for them instead of the other way around!
15 people found this helpful
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Reviewed in the United States on February 12, 2024
My 9 y/o and I are still reading the book! It has new terms easily explained.
My son has been asking questions and understanding finances and it just feel great to know he now has some knowledge about money
3 people found this helpful
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Reviewed in the United States on December 31, 2023
Great introduction to basic finance concepts.
2 people found this helpful
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Reviewed in the United States on January 24, 2021
First, the book probably should be updated, revised to bring it up to date as far as interest rates charged by lenders or interest rates earned by depositors, and so forth. Still, this does not take away from the book; it is a good book to read though I'd combine it with the author's "Finance 102 for Kids" and with "INVESTING for kids" (by Dylin Redling).
The example dealing with interest earned on pages 20 and 21 could be made clearer by stating that the interest earned is SIMPLE INTEREST! The example does not take into account compound interest ("interest on interest") and this may confuse some readers. Still, not a huge issue; example should simply state that it is "simple interest"!
The book makes comment that the "payee" (recipient) of a bounced check is liable for a penalty along with the "maker" of the check! This is great information; I was totally unaware of this; many thanks to the author for including this in the book. Also, a technically more appropriate term for what one achieves in bankruptcy is that the debts are DISCHARGED.
The "Stock Market" section of the book, pages 71-74 should make it clear that the "shares" in "Cupcake Avenue" acquired by the two "investors" ("Ben" and "Olivia"!) are really a partnership interest rather than ownership of "stock" ("stock" in the context of shares in a publicly traded company!).
I would buy this book along with "Finance 102 for Kids" and with "INVESTING for kids" by Dylin Redling
52 people found this helpful
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Reviewed in the United States on February 16, 2024
Easy to understand and great for kids to understand what finances are how they work at a beginner's level.
One person found this helpful
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Reviewed in the United States on September 10, 2023
Entertaining while informative. Provides a good foundational understanding of money and how to use it.
4 people found this helpful
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Reviewed in the United States on April 25, 2023
This book explains basic and intermediate concepts of personal finance, economics, and good money management habits in a way that is relatable to kids. My seven year old son was really able to understand and graphs the concepts, and really enjoyed the characters and the examples in the book.
6 people found this helpful
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Reviewed in the United States on September 20, 2023
easy to read and easy to apply. Cartoons are great visuals for kids to remember main points.
2 people found this helpful
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Top reviews from other countries

Terry
5.0 out of 5 stars Lovely
Reviewed in the United Kingdom on November 26, 2022
My 12 years old boy love it.
Joe Sanfilippo
4.0 out of 5 stars Solid starting point for kids
Reviewed in Canada on February 15, 2019
Good starting point for the kids. It generated a lot of valuable questions around money and credit that allowed for more conversations. My 11 and 9 year olds read this book
9 people found this helpful
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Praveen
5.0 out of 5 stars Costly book for the content
Reviewed in India on September 6, 2019
Good book but costly.
2 people found this helpful
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Mich
5.0 out of 5 stars Good book
Reviewed in Australia on January 8, 2024
The book is easy to read and understand. And it's good for youth to know who is Warren Buffet. Highly Recommended.
Kenny Tay
5.0 out of 5 stars Compact and Easy Understanding
Reviewed in Singapore on December 22, 2022
This book is compact and provide simple illustration for easy understanding of kids of under 12 years old