Tuesday, October 8, 2013

The Book of Money


There can be no better time than now to teach kids and adults about finance. The Book of Money is geared to all ages, well-illustrated, and up to date. Here are some things discussed:

-Big loans versus microcredit
-Financial crime versus street crime
-Money in the ancient world
-Money in the age of the internet
-Saving and investing
-Connections between money and health

This book makes a lot of things clear with regard to saving. For instance, it shows that children are big consumers, despite the fact that they don’t earn any money. When they get to adulthood they can be stuck with student loans debts, or even credit card debt. So in other words, they go from high-spending non-earners to cash-strapped earners. Do things look bleak? Not if you follow the book’s advise on saving your money!

I love everything about the book. Bright colors, great photos, easily-to-understand diagrams; it’s everything you could want for a book about finance. It’s great for both kids and adults, but I think the kids need it more. Kids should get a free download of it to use in the classroom.

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