Beyond Piggy Banks and Lemonade Stands

Liz Frazier is a Certified Financial Planner specializing in financial planning for families and working professionals. She decided to go into financial planning after the birth of her first child because, like so many other new parents, she realized the overwhelming need to make sure her family was financially prepared and protected. Her goal is to alleviate the anxiety that surrounds finances and provide simple and painless advice for all of life's stages and changes.

Foreword
Philip J. Cook, Professor emeritus of Public Policy and Economics, Duke University
Preface
Acknowledgements
Part One: Tips for the Already-Overwhelmed Parent
Chapter 1: Why Teach Finance to Elementary Aged Children?
What is Financial Literacy?
Why is Financial Literacy Important for Adults?
Why Teach Kids So Young?
A Real-life Example (kind-of)
Trends Affecting the Next Generation
Some Silver Linings
Won’t They Learn Finance in School?
Short and Sweet Takeaways
Chapter 2: How to Make Teaching Finance to Kids Painless
Teach/Explore/Discuss
Need to Learn More About Finance Before You Teach It? 3 Easy Steps to Prepare
The Importance of Talking with Your Child
A Step-by-Step Guide to Age-Appropriate Information
Internet, Apps, and Debit Cards...Oh My!
Short and Sweet Takeaways
Part Two: Getting Started with Money- Beginner Level: PreK–1st Grade
Chapter 3: What is Money?
Explaining Money
Play Archeologist with Coins
Counting Coins
Moving on to Dollars
Where Does Money Come From?
How Coins are Made
The Making of a Dollar Bill
Sharing Fun Facts about Money
Money from Other Countries
Books for Learning
Online Resources
Short and Sweet Takeaways
Chapter 4: Why Do We Need Money?
What is Money, Really?
Why is Money Important?
What Does it Cost?
Short and Sweet Takeaways
Chapter 5: How Do We Get Money?
What is a Job?
Types of Jobs
What’s a Boss?
Books for Learning
Online Resources
Short and Sweet Takeaways
Chapter 6: The Building Blocks for Piggy Banks
Building Block 1: Needs versus Wants
Household and Family Needs
Building Block 2: Priorities
Building Block 3: Decision Making
Steps to Smart Decision Making
Books for Learning
Short and Sweet Takeaways
Part Three: Piggy Bank Basics (Save, Share, and Spend)- Intermediate Level: 1st–5th Grade
Chapter 7: Allowance and Kid Jobs
How to Structure Allowance
Allowance Hybrid
Allowance Rules
Earning Extra Money
Benefits of Working
Working Guidelines
Fun Jobs for Kids At All Ages
Books for Learning
Online Resources
Short and Sweet Takeaways
Chapter 8: Responsible Spending
Start with Cash
Save, Spend, & Share Piggy Banks
Never Too Young To Budget
Pull Back Your Own Spending Curtains
Smart Shopping
Setting a Positive Example
Books for Learning
Online Resources
Short and Sweet Takeaways
Chapter 9: Saving
Why Teach Young Children About Saving?
Saving Versus Spending
You are Already Teaching Your Child to Save
Teaching by Example
Pump the Brakes on Buying
Books for Learning
Online Resources
Short and Sweet Takeaways
Chapter 10: Sharing
Section I: The Fundamentals of Sharing
Why Teach Young Children About Sharing?
Explaining Charity
Show Your Child the Good
Start at Home
Set the Example
Encourage Gratitude
Section II: Get Involved
Little Things Matter
Charitable Activities for Kids
The Sharing Jar
Child-Friendly Charities
Fundraising
Books for Learning
Online Resources
Short and Sweet Takeaways
Part Four: For The Over-Achieving Kids (or Parents) Who Want to Learn Even More About Finance!- Advance Level: 2nd–5th grade
Chapter 11: Kiddie Economics
How Do Businesses Use Money?
What Do Businesses Buy With Their Money?
Business Profits
What is “The Economy”?
Macroeconomics (Big) Versus Microeconomics (Small)
Microeconomics
Important Concepts in Microeconomics (So They Can Impress Their Friends)
Your Child Already Understands Supply and Demand
Macroeconomics
The Economy is Always Changing
Important Concepts in Macroeconomics (They Can Impress Their Friends Even More)
Books for Learning
Online Resources
Matching Game
Short and Sweet Takeaways
Chapter 12: Intro to Banking & Investing
Interest: Money Making Money
Fun with Calculators (Yes, Fun!)
The Business of Banking
What is a Bank?
Bank Accounts
Opening a Bank Account
How do I Get My Money?
Bank Statements
Investing
What in the World is a Stock?
Why Do People Buy Stocks?
Matching Game
Short and Sweet Takeaways
Chapter 13: Learning about Advertising, Debt & Taxes
Advertising
Electronic Payments
Debt: The Good, the Bad and the Very Ugly
Rules of Debt
Taxes
Matching Game
Short and Sweet Takeaways
Chapter 14: Some Parting Words
Appendix A: Matching Game Answers
Appendix B: Quiz Answers
Appendix C: Activity Index
About the Author