J. D. at Get Rich Slowly just posted 25 of the books he’d choose to build a personal finance library. He included three books that deal with teaching kids about money and entrepreneurship: What Color is Your Piggy Bank?, You Call the Shots, and Living Simply with Children. It got me thinking that, despite my intimidation about the prospect of introducing my kids to the finer points of finance, I’ve never cracked a book on the topic.
Do you have any favorite books about kids and money? I’d be interested to hear about personal finance books you’ve found helpful, but I’d also like to know about any storybooks or works of fiction that got you talking with your kids about money.
In my case, that would be Charlie and the Chocolate Factory. If you’ll recall, Charlie’s family was extremely poor, and his diet of cabbage soup and his longing for a single candy bar got my son and me talking about all sorts of interesting things, including food preferences, "wants" versus "needs," and gratitude. What if we only had enough money to buy cabbage for dinner? (My son hates cabbage.)