If you’re trying to figure out how to teach kids about money, the right discussions will go a long way. But figuring out how to trigger those discussions can be tricky. Here are some questions to help you out with that. And the Tuttle Twins books are the perfect launchpad for these questions!
Books That Teach Kids About Inflation, Economics, Money, And More
The Tuttle Twins series includes many books that teach kids about inflation, economics, and every other aspect of money. The Tuttle Twins books will help you with explaining socialism to kids and teaching kids free market economics.
Some Tuttle Twins books that will help you on your quest to learn how to teach kids about money include:
- The Tuttle Twins and the Miraculous Pencil – This book helps with teaching kids free market economics as the twins go on a field trip and learn how pencils are made from components that come from all over the world.
- The Tuttle Twins and the Creature from Jekyll Island – This is one of the few books that teach kids about inflation, central banking, the history of money, and how the Federal Reserve takes value from the nest egg of the twins’ grandparents.
- The Tuttle Twins and the Search for Atlas – This book also helps with teaching kids free market economics, as Ethan and Emily discover what happens to the economy when the producers give up and leave.
Reading the Tuttle Twins books alongside your kids or at least simultaneously with your independent readers will provide a key stepping stone to setting up discussions that will help you learn how to teach kids about money.
PHOTO: Tuttle Twins
Questions to Launch Money-Related Discussions
Now that you’ve laid the foundation for teaching your kids about money, you can really start to dig deep to help them learn through critical thinking and discussion. Try these questions:
- Where does money come from?
- Why do we have to work?
- What’s the difference between needs and wants?
- What’s something good you can save your money for?
- How does it feel to save up for something you want?
- Why is it a good idea to save some money?
- What jobs could you do to make some money?
- What’s cheaper: buying takeout or cooking dinner at home?
- If you buy one thing, what other thing won’t you be able to buy?
- Is this worth what it costs?
- How can you use the money you make to help other people?
- What can you do to grow your savings?
- How much do you have to spend?
- How do you stick to a budget?
- What happens if you run out of money?
- How is the government able to run at a deficit?
- How does the Federal Reserve take value from money?
- What’s wrong with this?
- What could be done about it?
Books that teach kids about inflation, economics, and other money-related topics are essential to laying the groundwork for discussions about these important topics. By talking about money with your kids, you’ll be able to relate these lessons to real life, setting your kids up for long-term success.
Written in partnership with Tom White
