Bottom line: This book was a great read – highly recommend it!
In my quest to teach kids about money, I’m always on the lookout for great resources and this book by Gordon Pape and Deborah Kerbel certainly fits the bill.
From the back cover: “Most of us grew up knowing very little about money and how to manage it. The result is the most indebted generation in Canadian history. Don’t let your children make the same mistakes. Money Savvy Kids is an indispensable, fun-to-read book by Gordon Pape and his daughter, Deborah Kerbel, that will help you get your children on the right track to understanding all about money. It contains sound, practical information from Canada’s most trusted financial writer plus many delightful and humorous personal stories that will leave you laughing while you learn.”
Written for a Canadian audience, each chapter of this book covers a child’s stage of growth – ages 5-6, 7-8, 9-11, 12-13, and 14-17. For each stage, the book suggests specific discussions, activities, books, board games, web sites, and apps. Interwoven throughout are personal stories that make the book really interesting and (dare I say) fun.
While reading this book, I was using an old receipt as a bookmark (a habit that drives my husband crazy because we have “so many perfectly good bookmarks in the house”). As I found a reference to something I wanted to look up later on the computer, I would tear off a piece of the old receipt and leave it in that page of the book to mark it for later. By the time I reached the end of the book, there wasn’t much left of my receipt bookmark! I will have to refer back to this book again as my kids reach each stage.
This book was a wealth of great information. I found it at my local library. It’s also available at Amazon.ca in paperback or Kindle Edition (affiliate links). I hope it will help you raise money savvy kids!