Bring Your Kids with Financial Literacy

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Intelligent parents always bring their kids with sufficient financial literacy. They would really start providing financial knowledge to their kids from the pre-school level. Every kids starts their relation with money from the time of getting their first piggy bank and coins to add into that. In this scenario, I would reveal a truth that those parents who have enough financial literacy could only bring their children to their own way. Taking the title of Robert Kiyosaki’s "Rich Dad Poor Dad", this truth highly proclaimed. Rich dad always have financial literacy and knowledge and they would always bring their kids with that knowledge. Poor dad never care about teach their kids about money and thus their kids come up without any knowledge.

As proud parents, it is our prime duty to bring our kids with sufficient knowledge on money and money management in a better way. While digging for good resources that would work for kids to the maxim, I have found the series "Finance for Kidz", a 20 book series from Dr. Prakash Dheeriya, a Professor of Finance at California State University-Dominguez Hills. He has been teaching finance and investments for over two decades. Dr. Dheeriya has several publications in the field of financial markets. A frequent speaker at conferences, chambers of commerce and rotary clubs, he has received several research awards, has over 30 refereed publications to his credit. Prakash takes particular pride in caring for and educating his two young boys, ages 5 and 6 years, a role which he shares with his wife of 10 years. His motto in life is what he usually tells his kids: Don’t worry. Its going to be OK!.

Have a look into the wonderful library of financial resources available from Dr. Prakash Dheeriya. It is certainly a fantastic resource for parents to create a good library for their kids to teach about finance and bring them as a financial expert!

1. Finance For Kidz: Starting A Business

2. Finance For Kidz: Budgeting

3. Finance For Kidz: Credit

4. Finance For Kidz: Resources: Human, Natural & Capital

5. Finance For Kidz: Managing A Checkbook

6. Finance For Kidz: Savings

7. Finance For Kidz: Swapping (Exchanging)

8. Finance For Kidz: Inflation & Deflation

9. Finance For Kidz: Consumption & Production

10. Finance For Kidz: Money Management Tools

11. Finance For Kidz: Spending, Saving & Sharing Money

12. Finance For Kidz: Markets

13. Finance For Kidz: Choice

14. Finance For Kidz: Scarcity & Value

15. Finance For Kidz: Risk & Return

16. Finance For Kidz: Where Does Money Come From?

17. Finance For Kidz: Protecting Yourself Financially

18. Finance For Kidz: Opportunity Costs

19. Finance For Kidz: Goods & Services

20. Finance For Kidz: Wants & Needs

So that's it. It is your decision to visit each of these classics and decide whether want to present to kids or not. Of course, this would create a good financial literacy library for your kids for long run and the series never missed anything that any kids really want to know when dealing with finance and money.

Picture courtesy: Pink Sherbet Photography