Saturday, October 31, 2009

newnoise1 on teaching children about money

Teaching children that money is a literary notion

Parents often give their children classic children's books to read and this is a good start.

The thing is that, while these books build character and stimulate children's imagination and creativity, it's not enough. If we can teach them to read and be interested in money matters at a young age we have provided them with a crucial tool to survive the financial hazards of life.

Children can not be kept innocent about money and how it works until they leave home and find that out through the school of hard knocks.

There is an informative article on
Why literacy is an important financial building block on

I wrote something to support my point:

Annie learns to read a balance sheet

Annie read a thousand books
from Hemingway to Walter Crooks.

She read between the lines
She knew a thousand rhymes.

Her character grew strong
her favorite words quite long.

Then suddenly life was a mess
of words like 'reposes'.

Annie frowned deeply at the mystery
of its meaning.

Then, at last, she knew
she was in a stew.

Yes, Annie could read,
read that she could.

Still, it took her four years
to catch up on arrears.

My point is, why let children learn at 40 what they could have learned at sixteen?

Any suggestions on books that can help children understand money matters are welcome.

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