Teach a Kid to Save - by Stephen Day (Paperback)

About the Book

This comprehensive guide helps parents teach their children about money through a fun and practical mini-economy system. Kids get hands-on experience with earning, saving, spending, and even entrepreneurship, making financial education engaging and effective.

Book Synopsis

Prepare Your Child to Earn, Save, and Spend Wisely
- A fun, game-like approach to start children on a path to solid values and healthy habits surrounding money
- Proven, research-based practice for establishing a household mini-economy
- Makes financial education engaging and effective

Some of the toughest choices we make in adult life are about money, and so often we feel uninformed, unsure, and ill-prepared. We want better for our kids, but how do we teach them the things we never quite learned?

Teach a Kid to Save is your go-to, hands-on, research-based guide to teaching your kids about the wise use of money and the value of work through an innovative, interactive mini-economy. In the mini-economy, kids have jobs, earn a play-money income, make a plan for their money, shop at the household store, and even create their own businesses. The mini-economy gives kids a chance to practice making meaningful choices about money and work, helping them build healthy lifelong habits.

With chapters on work, rest, generosity, saving, spending, and entrepreneurship, as well as a quick-start guide, templates, visual aids, conversation starters, and a special appendix for homeschools, Teach a Kid to Save is the all-in-one resource you've been waiting for.

About the Author

Stephen Day, PhD, is a term associate professor in the Virginia Commonwealth University (VCU) School of Business, director of the VCU Center for Economic Education, and chairperson of the Virginia Jump$tart Coalition for Personal Financial Literacy. He is the author of many peer-reviewed articles on teaching kids about money, and his ideas have been featured in Forbes, The Wall Street Journal, USA Today, and Junior Scholastic. He has helped hundreds of teachers create mini-economies in their classrooms, and he runs a household mini-economy with his own children.