Entrepreneur

10 Books for Kids to Learn About Entrepreneurship and Financial Literacy

Today, it is more important than ever for children to be financially literate and understand entrepreneurship basics. With the economy constantly changing and the cost of living rising, it is essential that kids learn how to be fiscally responsible from a young age. The following ten books teach financial literacy and entrepreneurial skills in an engaging and accessible way for kids.

Kidpreneurs: Young Entrepreneurs With Big Ideas

Surely, we have all heard this common statement: “It’s never too late.” Well, Adam and Matthew Toren, authors of Kidpreneurs, offer a different perspective. They say “It’s never too early!” It’s no surprise that kids can grasp fundamental business concepts and the entrepreneurial advantages. Laying out some standard strategies children can utilize is what Kidpreneurs aims to accomplish. Specifically, this book details the invaluable wisdom they can achieve by beginning, leading, and expanding a prosperous company. By taking a simple and innovative means of introduction, this book describes the crucial systems that can significantly improve children’s entrepreneurial knowledge. It was created with kids in mind, which is clearly exhibited through easily-understandable illustrations. Consequently, this simplifies the entrepreneurship essentials to make the learning more fun for children. In addition to this, children can boost their managerial abilities through trying out easy businesses as they grow. Today commences our future. Consider introducing your children to this book to strengthen their future money skills. For parents who want to further educate their kids on money management through interactive content, Kidpreneurs Academy incorporates fun games for them to play in the learning process. 

Heads Up Money

There are a lot of choices to make when it comes to money, and it can be hard to know what to do. Heads Up Money can help your kids make sense of it all. It explores topics like global banking, ethical trade, and how to run a successful business. Collaboratively, Marcus Weeks, a renowned author, and Derek Braddon, Professor of Economics at UWE Briston Business School, wrote this ideal book to help teenagers and young adults gain a better understanding of wealth and economics. This book discusses various other topics as well. The worldwide marketplace, current market landscapes, and concealed costs are just a few. Likewise – even if you’re considering investing, spending, and saving – this book can guide you through it. 

If You Made a Million

Do your kids have dreams of becoming millionaires? Marvelosissimo the Mathematical Magician can show you the way through explaining the nitty-gritty while still maintaining the secrets and magic of making money. This book teaches kids how to invest and make a profit through dividends and interests while also showing you how their savings can grow. The advice in this book offers endless possibilities. As duly noted in its description, If You Made a Million achieved much recognition among children’s literature. This was recognized as a Horn Book Fanfare Selection, an ALA Notable Book, a Teachers’ Choices Selection, and a School Library Journal Best Book of the Year.

The Everything Kids’ Money Book: Earn it, save it, and watch it grow!

Do you want to help your kids understand money and become financially responsible adults? Then The Everything Kids’ Money Book is perfect for you! Saving money has evolved past a piggy bank. It is common for children today to invest money, begin their own businesses, and observe the interest earned in their savings. This book is a one-stop-shop in teaching children everything they should know about money management in order to make sound financial decisions. With updated information on digital banking, starting a bank account, and saving their earnings, this edition is sure to successfully teach kids better money management skills. Topics include: How coins and bills are made; What money can buy–from school supplies to fun and games; How credit cards work; Ways to watch money grow–from savings to stocks; Cool financial technology; And more!

One Cent, Two Cents, Old Cent, New Cent

Numismatics is the study of money and its history, and this book gives a super simple look at the topic. Children will be engaged from the very first page of One Cent, Two Cents, Old Cent, New Cent as the Cat in the Hat takes them on a journey through the history of money. The book starts with explaining the ancient practice of bartering before delving into various forms of currency used in different cultures. These forms include shells, feathers, leather, jade, metal ingots, and coins. The book also looks at banking, from the use of temples as the first banks to the concept of gaining or paying interest. Finally, there is a step-by-step guide to minting coins. This fascinating introduction is bound to change young reader’s appreciation for change!

Finance 101 for Kids: Money Lessons Children Cannot Afford to Miss

In a world where it seems like everything comes with a price tag, it’s more important than ever to teach children the value of money and how to manage it responsibly. Finance 101 for Kids is the perfect tool to help kids understand the basic concepts of financial literacy in a way that is fun, engaging, and relatable. With charming illustrations and easy-to-understand language, this book is a must-have for parents wanting the best possible financial foundation for their children.

The Steady Road to a Million Dollars (Bradley Jr’s Investing Adventures)

Many people think that becoming a millionaire is impossible, but with the right mindset and a little bit of effort, it can be done! Bradley Jr. is just a kid, but with the help of his dad, he’s already on the road to becoming a millionaire. How? Read The Steady Road to a Million Dollars to find out how Bradley Jr.’s dad helps set him up for success. Along the way, Bradley Jr. learns about different investment opportunities and how to make his money grow. Time is your most important tool when investing, so don’t wait to get started!

Grandpa’s Fortune Fables: Fun Stories to Teach Kids About Money

Did you know that kids form most of their financial habits by the age of 7? Grandpa’s Fortune Fables is a great way to start talking to your kids about money in a fun and interactive way that they will love! Do you want to start teaching your kids about money but are not sure how to talk to them about it? Luckily, there is an easy solution. Introducing Grandpa’s Fortune Fables – Fun Stories To Teach Kids About Money, by Will Rainey. This easy-to-read book will teach your children about money management, investing and starting a business. Teaching your children about money from an early age is one of the most important things you can do to ensure their future success. However, it can be a very difficult task, especially if you were never taught yourself. In this book, children can read stories recounted by Gail, a 13-year old girl. Gail’s stories describe the adventures her Grandpa embarked on to a distant island, where he became very wealthy due to gaining invaluable money management skills there.

The Lemonade War

By combining unique skills – like magical math skills and essential business skills – with humor, The Lemonade War is sure to pique your child’s interest. In exhibiting an uncommon brother-sister bond, this heartbreaking story briefly details how disagreements can lead to detrimental and unintended results. Evan Treski, who is skilled at communicating with others, always says the right thing. And, he knows just what to do to get people – even the adults – on his side. On the contrary, his little sister Jessie is skilled at math. While she understands equations and numbers better than just about anyone else her age, she lacks the interpersonal skills to understand people and their emotions. With school starting in a mere five days, Evan and Jessie start a competitive challenge to see who can sell more lemonade before summer vacation ends. With such high stakes, the true duration of their battle – let alone a winner – is anyone’s guess!

Mulani Moneybags Starts a Business

In Mulani Moneybags Starts a Business, nine-year-old Mulani Moneybags is inspired to start a business of her own after learning about entrepreneurship. With help from her mom, Mulani sets up a lemonade stand and quickly learns many lessons on the journey to becoming an entrepreneur. Overcoming challenges and celebrating triumphs, Mulani discovers that one of the most invaluable tools for any entrepreneur is love and support from their family. As we follow Mulani’s journey, we watch as she learns many lessons along the way to becoming an entrepreneur. With help from her Mom, Mulani learns both the advantages and difficulties of being her own boss.

We all want what’s best for our children, and that includes helping them to develop strong financial literacy skills. Entrepreneurship is a great way to learn about managing money, developing business strategies, and taking risks. The books on this list are some of the best options out there for teaching kids about entrepreneurship and financial literacy. They provide valuable lessons that can help set your child up for success in life. 

The opinions expressed here by Inc.com columnists are their own, not those of Inc.com.


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