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Finance 101 for Kids: Money Lessons Children Cannot Afford to Miss Paperback – April 12, 2016
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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 **
- Print length114 pages
- LanguageEnglish
- Dimensions6 x 0.24 x 9 inches
- PublisherGatekeeper Press
- Publication dateApril 12, 2016
- ISBN-101634139437
- ISBN-13978-1634139434
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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
- Best Sellers Rank: #11,442 in Books (See Top 100 in Books)
- #11 in Children's Money
- #13 in Children's Money & Saving Reference (Books)
- #67 in Children's Values Books
- Customer Reviews:
About the author
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.
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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!
My son has been asking questions and understanding finances and it just feel great to know he now has some knowledge about money
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