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Five Personal Finance Teaching Gifts for Kids

Posted By Jim On 12/19/2006 @ 5:30 pm In Personal Finance | 6 Comments

One second I’m reading a post in the MBN Forums asking what money related gifts are good for kids and the next I’m reading an article by David Bach suggesting five good gifts that teach kids about money, the stars must be aligned tonight or something.

Without going too much into the story behind each gift, here is a quick hit list of good gift ideas to teach kids about money, segmented by age:

  1. Piggybanks (ages 3-11)
  2. Storybooks about money (ages 3-8)
  3. Monopoly [3] (ages 8 +)
  4. Beginning Personal Finance Organizer (ages 13-19)
  5. Stock (all ages)

If someone gave me a “Beginning Personal Finance Organizer” when I was a teenager, I probably wouldn’t be all that into it…

Source: CNN Money [4]

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[3] Monopoly: http://www.amazon.com/exec/obidos/ASIN/B00061I4YM/ref=nosim/easeoftravel-20

[4] CNN Money: http://finance.yahoo.com/columnist/article/millionaire/18293

Thank you for reading!