- The Washington Times - Tuesday, May 30, 2000

Books

• "Money Sense for Kids," by Hollis Page Harman, Barrons Juveniles, 1999. Geared to the 9-to-12 age group, this book explains the history of money and offers ideas on how to invest it, how to keep track of a checking account and how to use a credit card.

• "Kids, Parents & Money: Teaching Personal Finance From Piggy Bank to Prom," by Willard S. Stawski, John Wiley & Sons, 2000. The author, a former stockbroker, contends that financial responsibility stems from the way a family sets priorities and communicates lessons about money. The book includes practical strategies for teaching children about money and values.

• "Kids and Money: A Hands-on Parent's Guide to Teach Children About Money Management and Business Basics," by Michael J. Searls, Summit Financial Products Inc., 1996. This book includes ideas to help children learn about money basics.

• "Kids and Money: Giving Them the Savvy to Succeed Financially," by Jayne A. Pearl, Bloomberg Press, 1999. This book goes over financial issues affecting children from birth to college.

• "The Kid's Guide to Money: Earning It, Saving It, Spending It, Growing It, Sharing It," by Steve Otfinoski, Scholastic Trade, 1996. Written for the young teen-ager, the book does a good job of explaining the U.S. economy, covering a range of subjects from banking to taxes.

• "Growing Money: A Complete Investing Guide for Kids," by Gail Karlitz and Debbie Honig, Price Stern Sloan Publishing, 1999. This book, written for the 9-to-12 age group, explains how to read stock tables and gives a good overview of how to buy stocks, bonds and mutual funds.

• "The Totally Awesome Business Book for Kids: With Twenty Super Businesses You Can Start Right Now," by Adriane G. Berg, Newmarket Press, 1995. The author, a financial planner, stockbroker and radio talk-show host, offers a big-picture view of business. The book also discusses the skills a young entrepreneur needs to start and run a business.

• "The Go-Around Dollar," by Barbara Johnston Adams, Simon & Schuster, 1992. Written for children in elementary school, the book explains how a dollar bill is made, how long it lasts and what it means.

• "S-M-A-R-T Spending: A Young Consumer's Guide," by Lois Schmitt, Atheneum, 1989. This book explains how to spend money wisely.

• "50 Money-Making Ideas for Kids," by Thomas Nelson, 1997. This book offers ideas for children to earn money at home using Christian stewardship principles based on the Bible.

Organizations

• National Foundation for Teaching Entrepreneurship, 120 Wall St., 29th Floor, New York, N.Y. 10005. Phone: 212/232-3333. Web site: www.nfte.com.

• The Young Entrepreneurs' Organization, 10101 N. Glebe Road, Arlington, Va. 22207. Phone: 703/527-4500. This nonprofit group's mission is to help business owners younger than 35 find venture capital and learn business skills.

• Junior Achievement offers education programs in business and economics to high school students. Contact the group's national headquarters at 1 Education Way, Colorado Springs, Colo. 80906, or call 719/540-8016.

Magazines

• Zillions, PO Box 54861, Boulder, Colo. 80322-4861. Phone: 800/234-2078. Published by Consumer Reports, this magazine is an excellent tool for opening children's eyes to financial issues. Visit the Zillions education center at www.zillionsedcenter.org.

On line

• The National Center for Financial Education's Web site (www.ncfe.org) has an extensive list of ideas aimed at helping children understand the value of money. It also offers books and links to other useful sites.

• Good advice on teaching children about money can be found at www.familyeducation.com, an advertising-supported site that focuses on family education issues. Click on the "teaching kids about money" button to get ideas on helping teens set up budgets, manage credit cards, balance jobs and school, and a bulletin board for collecting financial education ideas that parents have found useful.

• Information on the Stock Market Game can be found at www.smgww.org. The game was developed by the Securities Industries Association.

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