The Money Book

Description

64 pages
$15.95
ISBN 0-921051-47-6
DDC j332

Year

1991

Contributor

Illustrations by Arnie Levin
Reviewed by Gina Conte

Gina Conte is a Toronto account executive.

Review

Aimed at children aged 6 to 10, this book is easy to read and has
delightful illustrations. It comes with a bonus book-shaped coin bank
that is sure to please kids as they see their coins accumulate, as well
as help them learn about saving. The bank can be displayed or stored
inconspicuously on a bookshelf.

The authors provide a complete summary on virtually all aspects of
money. The evolution of money begins with a historical explanation of
how people first exchanged various objects of value, moves on to the
rise of monetary symbols, and concludes with the minting of modern-day
paper money and coins.

In addition to theory, practical monetary aspects are presented in the
areas of spending, allowances, and earning money through jobs such as
babysitting and work in the community. Wyatt and Hinden stress the
importance of managing money wisely through budgeting and saving; they
also discuss the consequences of borrowing. Other topics, which may be
too broad or advanced for children of this age, include gambling, taxes,
career choices, and economics.

Overall this book is designed to give children the self-confidence and
know-how to make good decisions about their use of money. An index would
have been a useful addition in helping young readers to look up specific
information.

Citation

Wyatt, Elaine, and Stan Hinden., “The Money Book,” Canadian Book Review Annual Online, accessed November 22, 2024, https://cbra.library.utoronto.ca/items/show/24559.