Cash: How to Earn It, Save It, Spend It, Grow It, Give It; Rashmi Sirdeshpande, illustrated by Adam Hayes
I’m sure many of us, old and young, have often wished we were better with money. Well, the children of today can have ‘good money sense' thanks to former lawyer turned children’s book writer, Rashmi Sirdeshpande. Educating children about money from an early age is so important, they need to understand that money does not grow on trees and that for the majority of people money is something that has to be carefully counted. And what better way for children to learn than to be given financial responsibility.
In this brilliant financial guide, Sirdeshpande equips children with the knowledge, understanding and confidence to take control of their finances. Presented over six chapters, children are guided through the world of money as Sirdeshpande covers what money is, how to earn it, how to spend it, how to save it, how to grow it and how to give it. Whether you fancy being a savvy saver, a super shopper or an intelligent investor, Sirdeshpande has got you covered and helps everyone to become financial whizzes.
Within each chapter there are practical tips, step-by-step advice, history lessons, examples and real stories. Each chapter concludes with a really useful ‘In a Nutshell’ summary. Nothing is covered in lots of detail, rather a basic introduction that gives children a good, solid start. Mortgages, budgeting, rainy-day funds, savings, investments, interest, tax, charitable giving and financial planning are all featured to some extent and provide children with plenty of financial food for thought.
There are some great tips on avoiding the pitfalls of false special offers, being aware of advertising tactics, understanding the difference between wants and needs, and the dangers of influencers. CASH is bang up-to-date, covering crypto currencies, cashless societies and thoughts as to what the financial world of the future might look like.
Readers will find it easy to engage with Sirdeshpande’s chatty style and will appreciate the cartoon style illustrations and diagrams that are used to support understanding. This is a great read and children will find it relevant to their current lives and will find lots of tips that will help set them up for later life.
Recommended for 9+.