Monday, July 12, 2010

Money and Economics

If you're looking for books to help you teach your children about counting money, the value of money, and ways to use money, I think you'll find these books to be a great source of help.

"Follow the Money!" by Loreen Leedy, 2002.

This is a picture book meant for elementary age kids. It shows which U.S. Presidents are on the money, how coins are made, and it has some math problems.

What makes this book fun is that it shows an example of the journey your money might go on from the bank to the grocery store to the ATM to a lady's purse to the street, etc.

"Show Me the Money: How to Make Sense of Economics" by Alvin Hall, 2008.

This 96 page picture encyclopedia is geared more towards upper elementary and middle school but you could certainly talk about parts of the books with younger elementary students. You're never too young to start learning the value of money.

When you think of reference books for children, you probably think about books about history, geography or animals. Buy why not have one about money? It's probably one of the subjects that should get more attention in school and at home in his era of plastic money, foreclosures, bankruptcy and soaring student loans.

It explores topics such as the stock market, inflation, supply and demand, consumerism, and much more in an easy to understand way.

"Money Madness" by David A. Adler, 2009.

This picture book is geared towards much younger children than the previous two books mentioned. It explores the history of money, the kinds of money used in other countries, and the value of money.

"The first paper money was like a printed promise, a promise that the money could be taken to a bank and traded for silver and gold coins. In the United States, people no longer use silver and gold coins as money. But paper money still has value, because you can use it to buy things. You can use paper money to buy bread, furniture, and clothing. You can use it to buy a house. You can even use paper money to buy silver and gold. "

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