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20 Gifts for Kids that Encourage Good Money Habits


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We believe a parent is a child’s best mentor. As a parent, you are in the best position to teach your children many of life’s most important skills - like personal finance. Nobody knows your kids and your family values like you do. You want the best for your children, and they naturally look to you for structure and guidance. So, here's a collection of gifts that will help you teach your kids good money habits: how to earn diligently, spend wisely, save patiently, and give thoughtfully.

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20 Gifts for Kids that Encourage Good Money Habits

  1. 1. 20 Gifts for Kids that Encourage Good Money Habits Curated by
  2. 2. FamZoo Prepaid Card FamZoo prepaid cards help parents teach kids good money habits. Learn how here: Order as a gift here:
  3. 3. Awesome Island A personal finance game created by award winning educators Brian Page and John Morris. Order here: shop. awesomeislan...
  4. 4. 529 Plan Open a 529 college savings plan for your child. In the blink of an eye, it will be time for college.
  5. 5. Kiva Card Teach your kids they can make a difference by empowering people around the world with micro-loans. A great way to introduce your kids to philanthropy and entrepreneurship. Order one here:
  6. 6. The Wall Street Journal The Wall Street Journal is a terrific gift for business-minded older teens heading off to college next year. Start by sharing select clipped articles. If the interest is there, move up to a subscription.
  7. 7. The Richest Man in Babylon "The Richest Man in Babylon" by George S. Clason is a personal finance classic that dispenses advice through a collection of parables. A book every kid (and adult) should read. Order here:
  8. 8. Monopoly The classic money board game. See the latest versions here:
  9. 9. Money Savvy Pig The good old piggy bank is always a good first stop when it comes to teaching your kids about money. Start the message that money isn't just about spending early. Order a 4-part piggy bank here:
  10. 10. The GiveNow Card Introduce your child to philanthropy with the GiveNow Card from You choose the value of the card, the recipient chooses the charity. Order here:
  11. 11. Roth IRA Have a teen who earned wage income last year? Open up a Roth IRA and create your own "Family 401(k)" - see more info here:
  12. 12. Money Lesson Books Books that communicate good money lessons for kids of various ages. Browse the list
  13. 13. Oh, The Places You’ll Go Careers, personal finance, and life in general all have their slumps and "waiting places." This classic book will help kids of all ages "un-slump" themselves. Order
  14. 14. Money Conversations This "Conversations To Go" box from MoonJar puts the compelling and often controversial topic of money right on the table. See what happens as you share your opinions and describe your dreams. Order here:
  15. 15. The No-Cash Allowance "The No-Cash Allowance" by Lynne L. Finch walks parents through a system in which kids receive allowance as a number in an account, have control over their money, and have to pay their own bills. It's the same concepts behind FamZoo's virtual family bank. Excellent, practical book. Order here:
  16. 16. Roller Coaster Tycoon This one is a bit long in the tooth, but it's a classic, violence-free game that teaches kids business basics. More info: blog.
  17. 17. TripleGift Card Give money with 3 times the thought. The TripleGift greeting card has pouches for spending, saving, and sharing. Help teach kids that money isn't just for spending immediately. Order here:
  18. 18. Kidpreneur Book A "kidpreneur" book to encourage your youngster's entrepreneurial spirit. Choose one from our list here:
  19. 19. Bank of Dad "The First National Bank of Dad" by David Owen, a staff writer for The New Yorker, describes how parents (moms AND dads) can run a virtual family bank to teach kids good money habits. ( makes this approach super simple to implement for parents.) Order from Amazon here:
  20. 20. DonorsChoose A giving card from is a great introduction to philanthropy. Help your child select an inspiring classroom project to help fund. Public school teachers from across the country post requests for their classrooms. Help students in need. Order a giving card at:www.donorschoose....
  21. 21. Earn It, Learn It The book "Earn It, Learn It" by Alisa T. Weinstein lets kids ages four through twelve earn income by doing "real" jobs.Learn about the program and order the book