A Guide to Investing for Kids

Teaching Them About Money While They Are Young

By: Stephanie R. Baker

Narrated by: Aliana M de la Guardia

Length: 1 hr and 6 mins

Publisher's Summary

Kids will always be kids. They want to play, run to the fields, watch their favorite cartoons, and do fun stuff. But most of all...they are curious. They love to ask many questions of how and why things happen. So why not take the opportunity to tell them about financial literacy? 

Adults are afraid if they teach so much to a kid at a young age, they will not get their interest. But kids are developing mentally and are having interesting thoughts. Give them lessons about a business they can start, and let them do some enterprising and investment. You could even teach them about the rich and poor mindset. 

Eventually, when they became teens and grown-ups, they will earn their own money, and they might even dream to be an entrepreneur and start a business. 

Remember that teaching them while they are young can make a great impact while they are growing. Share with them the steps and takeaways to reach success. Studies show the earlier the children were introduced to money and saving, the more likely they will be good at budgeting when they grow up.

©2018 Stephanie R. Baker (P)2018 Stephanie R. Baker

Dangerous Advice Concerning Lotteries

The very last thing that the author says at the end of her book is, "Don't take this as financial advice."

I think that's the best advice she gave throughout her entire book.

I lost respect for the book, and ultimately the author, when she gave significant attention to "Playing the Lottery" as a real investment strategy that "kids should learn." She gave enough information that one would wonder if she was funded by affiliated organizations as an endeavor to help kids get hooked on buying lottery tickets at a young age.

She then goes into the dangers of "investing" in the lottery, and she gives strategies to help combat "Lottery Fever." To the author - have you lost your mind? What you're advocating here is called gambling, and the "lottery fever" is called gambling addition.

That the fact this author was allowed to publish this nonsense is criminal. She has no business teaching anyone about investing, much less our kids.

As far as the other content in the book, her advice is to go to several websites like Mint or Robinhood and the like and read the free material they have on beginning investing - in other words, to learn about investing, don't learn it here, just Google and read information from the top 10 search results.

And who is the audience for this book? Some parts she's speaking to kids, and then in others, it's like she's reading from university textbooks on finance and economics. Right after discussing how kids as young as 5 and 6 can benefit from the book, she advises them to do things like "Go to irs.gov and research tax laws for 509 Schedule C programs." Seriously? What adult is going to do that, much less a 10 year old??

It's sad that content like this is available to choose from in a time when information to teach our kids about finances and investing is few and far between.

I didn't find it useful

Scattered, bullet point, infomercial kind of material, that in my opinion provided low to no value information.

This is a great starting point for anyone.

This is a great starting point for anyone to teach their kids about finance/money matters. Too many people today don't have a basic understanding of finance which is probably why we're in the mess we are.

The book is easy to understand!

I purchased this for my kids (11 & 14) but I listen to it first to make sure they wouldn't be bored with it. The book is easy to understand and explains all the basic terminology used in the finance/banking world.

About money and how to grow it.

Large font for children and easy to understand. Great way to get your children to think about money and how to grow it.

It of a kind book.

At first, this seems like it's for younger children, but it also makes a lot of sense for teens who have never been exposed to these concepts. Explained, logically, and with a few fun twists and projects that kids can relate to. It of a kind book.

Well explained!

Well explained in an easy-to-understand format that this book should be mandatory for middle schoolers. Listen to it to my 5 & 4 yr olds and I guarantee they now know more about investing and saving than your typical person on the street.

This was a great start.

I'm on a mission to teach my kid all the important stuff about money that he will never hear in school. This was a great start.

Finished listening to it but in retrospect.

I bought this book for my 12-year-old to help him gain a basic understanding of investments. I came up with a reward for when he finished listening to it but in retrospect, I doubt I had to.

I got this for my kids to learn about money.

I got this for my kids to learn about money. They easily understood the concept of a savings account but were very curious about stocks and bonds.

Amazing indeed!

This book will be a reference book that I can return to frequently. I liked this audiobook. Amazing indeed!

My investment advisor is talking about.

This book is suitable for mature adults as well as for youngsters. It presents the basics in a clear, concise, amusing way. After many years of feeling confused and inadequate, I now feel able to understand what my investment advisor is talking about.

Well explained!

Growing Money is a book that makes this confusing subject more interesting to kids. Well explained for kids ages 9-12, it's also appropriate for much older kids.

I bought one for me!

I purchased this guide for my 10-year-old cousin and my two under 11 great-nephews. Naturally, I leafed through it first. THEN I listen to it. And while this is a wonderful guide for kids about investing, I bought one for me!

This book is great!

This book is great! It explains everything my son needs to know without making it complicated! My son likes to listen to this book (he’s 14). I would recommend to anyone trying to teach a pre-teen/teen how to do finances.

So far they’ve listened!

Great starter financial book for my 8yo and 12yo sons! So far they’ve listened to half the book and already have a basic idea of budgeting and simple financial investment options.

I highly recommend this book!

My son got some good information out of this book, I highly recommend this book!

This book is amazing!

I am glad that I bought this audiobook since I was able to teach my kids the importance of saving and about money. This book is amazing!

Thumbs up!!

This book teaches simple why's and how's about finance. It may not dig deep in but it most definitely gives a good understanding and foundation. Thumbs up!!

Let's face it.

This book is VERY easy to understand and gets right to the point. Let's face it. Finance is not a fun subject.