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The Money Tree
The money tree explains basic financial concepts and practices in plain and easy to understand language that children can comprehend and use in their day-to-day lives. The clear text and playful illustrations aim to simplify financial concepts like earning, saving, interest, the difference between needs and wants, and the joy of running one's own business. To make the otherwise boring topic interesting, the concepts have been explained through small anecdotes accompanied with colorful illustrations to stimulate children and ignite a love of saving.
- GenresChildrens
42 pages, Paperback
First published November 27, 2013
165 people want to read
About the author
LaDonna Smith
6 books21 followersLaDonna Smith is the author of the children’s picture book titled The Money Tree, which won the 2014 Financial Literacy Children’s Book of the Year award from the Institute for Financial Literacy. Along with the release of The Money Tree, LaDonna recently launched a program called S.W.A.G. (Saving With A Goal), where she is working to partner with both schools and banks in an effort to provide students in grades Kindergarten through twelfth grade with high-energy and interactive financial literacy workshops. S.W.A.G. workshops are designed to help students better understand the importance of good money habits.
LaDonna hopes to educate youth from all walks of life on how to find their path to financial empowerment.
LaDonna is also the founder and Editor-In-Chief of Writer's Life Magazine.
www.writerslifemagazine.com
LaDonna hopes to educate youth from all walks of life on how to find their path to financial empowerment.
LaDonna is also the founder and Editor-In-Chief of Writer's Life Magazine.
www.writerslifemagazine.com
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Displaying 1 - 4 of 4 reviews
November 4, 2017
The Money Tree by LaDonna Smith is a children's book geared towards educating children about financial literacy. LaDonna explains in her introduction why the concepts of money, saving and budgeting are recommended to be taught at an early age.
She later follows this up with a poignant story about a young boy, Tyler, who is accustomed to having his parents buy everything his heart desires, until they don't. Instead, he is encouraged to work and save money in order to purchase an expensive toy. By going through this process Tyler learns to appreciate the value of money, the value of saving it, and the value of hard work.
I think in our modern society the concept of money is one that is becoming more and more difficult for young children to assimilate, especially since credit cards and debit cards are so pervasive. Money has to be tangible for children to see and understand. Reading this book will remind parents that they have to make a conscious effort to demonstrate how money works. Like the authors says, "It doesn't grow on trees."
She later follows this up with a poignant story about a young boy, Tyler, who is accustomed to having his parents buy everything his heart desires, until they don't. Instead, he is encouraged to work and save money in order to purchase an expensive toy. By going through this process Tyler learns to appreciate the value of money, the value of saving it, and the value of hard work.
I think in our modern society the concept of money is one that is becoming more and more difficult for young children to assimilate, especially since credit cards and debit cards are so pervasive. Money has to be tangible for children to see and understand. Reading this book will remind parents that they have to make a conscious effort to demonstrate how money works. Like the authors says, "It doesn't grow on trees."
October 5, 2016
This book is for parents who want to teach their children the value of money and learn to save money. This book also show how hard to earn money and should learn how to budget your allowance or earning so you can purchase what you want. It is a very colorful way of teaching children that money does not grow on trees but it is hard-earned. Here is brief synopsis of the book:
Tyler, the boy in this book have many toys and yet not satisfied even ask his parents to buy more expensive toy and thinking that his parents can afford such expensive toys. He begged and pleaded his parents many times until finally gave up. His parents told him that when he work hard and make his own money, he can have what he wants to spend his money. So he searches everywhere in the house and even his piggy bank. His piggy bank has only eight coins. He tried to work to their neighbors to earn money. He was able to earn money while working for Miss Johnson. Then he planted eight coins and two dollars in their backyard and watered them. Then he had a dream that it grow to a tree that has a lot of money, literary a money tree. He has lot of money to buy toys, he wishes that his dream will never end. Suddenly his mother woke him up from his dreams. There is no tree to his surprise. His father told him that if money can be grown on trees, everybody would have done it already. His father suggested that they go to bank and open a savings account. Then his father explains to him how his money will earn interest over time. He was able to raise Twenty dollars to open a savings account while working around his neighborhood.
Tyler, the boy in this book have many toys and yet not satisfied even ask his parents to buy more expensive toy and thinking that his parents can afford such expensive toys. He begged and pleaded his parents many times until finally gave up. His parents told him that when he work hard and make his own money, he can have what he wants to spend his money. So he searches everywhere in the house and even his piggy bank. His piggy bank has only eight coins. He tried to work to their neighbors to earn money. He was able to earn money while working for Miss Johnson. Then he planted eight coins and two dollars in their backyard and watered them. Then he had a dream that it grow to a tree that has a lot of money, literary a money tree. He has lot of money to buy toys, he wishes that his dream will never end. Suddenly his mother woke him up from his dreams. There is no tree to his surprise. His father told him that if money can be grown on trees, everybody would have done it already. His father suggested that they go to bank and open a savings account. Then his father explains to him how his money will earn interest over time. He was able to raise Twenty dollars to open a savings account while working around his neighborhood.
January 16, 2017
Teaching children the importance of earning and saving money is usually taught during the teenage years. This beautifully illustrated book teaches children that hard work truly pays off. I love that the parents explained to their son how money works, and what to do with the money you earn. Parents will find this book to be extremely helpful in opening a dialogue with their young child about money. I recommend this book to any parent.
September 28, 2016
The Money Tree is a wonderful book to teach children how to handle money - it doesn't grow on trees you know! Told in a way that children can understand, and illustrated with beautiful and colorful pictures, this book will hold the attention of your children as they learn how to handle money and make it grow!
Displaying 1 - 4 of 4 reviews