The 4 Little Pigs is a children’s book designed to teach little ones the basics of budgeting. The author Jeanette Ramnarine, who has two young children of her own, believes that children should be taught the basics of handling money wisely. In this book, young Caleb receives four little piggy banks labelled Saving, Spending, Sharing and Schooling and learns to divide his weekly allowance between the piggies. The book and a set of four piggy banks are available through the author’s website.
I read the book to our 3-year old boys who have a tenuous grasp of the concept of money, let alone dividing it and they were far more interested in the pictures. I’m guessing that the book will appeal to kids who are at least a couple of years older.
Interestingly, the book suggests giving a child an allowance of one dollar per year of their life starting at three. We don’t give our kids any allowance for very good reasons: they’ll treat it as a shiny toy and throw it around, put it in interesting places like heating ducts or lose it in their daycare. Do other parents really start an allowance for such young children?
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