When you have children in your life, you want the best for them, and that includes building the financial skills they will need as adults. Even very young children can learn about money and build values and attitudes related to its use. In fact, they are learning from everything they observe – whether positive or negative. We, as the adults in their world, have the opportunity to provide experiences that contribute to positive learning – information, skills, and attitudes that will help them function effectively in our world.
Stories are a wonderful way to introduce concepts, start discussions, and trigger learning. The U.S. Consumer Financial Protection Bureau has created a set of five stories that introduce financial concepts including Saving, Careers, Borrowing, and more. Each story is about 8-10 pages; they are available for free download as pdf documents, but they can ALSO be ordered (FREE!) in print – in batches of 25. That’s perfect for classroom teachers and child care providers, but even parents can order 25 copies of each story, and then make sets and give them away to their children’s friends. In addition to “plain” pdf and print versions, each story is available in .ePub format, with animations. Note: I confess I did not download an app for viewing .ePub files, so I cannot share details with you about those, but I have no doubt children would enjoy them!
The stories feature characters known as “money monsters,” who are “a group of creatures who are new to our universe. That means they need to learn about many important things like school, friendship, and financial literacy.” Each character has a name, including Foozil, Gibbins, and Oodle. The stories are probably most suitable for children ages 5-10.
On the “Money Monsters” home page, you’ll find a link to financial education activities – the CFPB has over 200 lesson plans for use in K-12 classrooms. In addition, there is a specific link to “storytime activities,” leading to the eleven lesson plans that connect to the Money Monsters stories. Even if you do not have a classroom, you might find some of these lesson plans interesting – they offer suggestions for how to follow up on the concepts in the story to help your child(ren) expand their learning and thinking.
One final note: if you order printed copies of the stories, you will notice that there are also Money Monster stickers and bookmarks! If you are a teacher or work with youth groups, browsing all the youth financial education publications might be of interest to you!