During the week of April 21-28, the Money Smart Week’s mission is to promote personal financial literacy by partnering with community groups, financial institutions, government agencies, educational organizations and other financial experts to help consumers learn to better manage their personal finances. Bravo to the American Library Association for partnering with the Federal Reserve Bank of Chicago to bring this valuable life skill to the forefront. Libraries are a perfect place of consumers to access materials to become better informed about their finance management .
To better foster our children’s emerging money management skills, a list of some of the many up to date and useful books relating to teen/children’s economic literacy are as follows. America…your challenge is understand your money; treat it well and it will treat you even better…to paraphrase Susie Orman.
Offers 101 facts and tips that will help readers save and spend wisely and also includes information about credit.
All about money: the history , culture and meaning of modern finance by Rae Simons
Budgeting smarts: how to set goals, save money, spend wisely and more
This book explores budgeting from all angles. You’ll discover how to make your own budget, how to evaluate your financial goals and priorities to make sure you have money for the things you really care about, and much more.
Gives tips on how to be a smart consumer, including how to assess needs and wants, what to know about consumer rights and responsibilities, how to handle peer pressure and how to get the most out of your money.
An introduction to cost of living that provides information and answers related questions, covering costs associated with eating, wearing clothes, having fun, and other aspects of life; inflation; the consumer price index; and more.
Helps children develop smart money skills, explaining the importance of saving, offering tips for earning money, and describing how to set up an effective budget.
Explores how money flows in an economy, what a free-market economy is, and which countries have a command economy.
This informed and easy-to-follow volume defines and describes debt and default and how they affect the average person and his or her family. Causes and effects of different kinds of debt are explored, as well as the consequences, such as bankruptcy. Other topics that are discussed include the U.S. national debt debate, paying off interest, the debt ceiling, government shutdowns, and the European debt crisis. The economic crises confronting U.S. states and cities are also examined, along with the effects on emergency and essential services and education. Students learn about the emotional and physical tolls debt and bankruptcy can take on families. Readers also investigate ways to attack the symptoms of debt, reset priorities, learn about financial planning, and help to positively influence their family and community’s futures.
Introduces money management, including how to create a budget and the importance of spending, saving, and donating; features a glossary; and lists resources to explore the subject further.
Gives an explanation of the economy and the financial system, including imports and exports, financial markets, investment funds, and banks.
Focuses on the need to start early planning and savings in order to have enough money for college.