6 Gifts to Teach Kids About Saving and Investing

Teach Kids About Saving

Whether it’s during the holiday season or for a birthday present, or any time of year, it’s always a good time to give gifts that teach kids about saving and investing. Fortunately there are a variety of great books, toys and tools available to help kids learn about how to smartly manage their money – from the Berenstain Bears to cute “piggy banks” to more complex educational resources about investing money.

Here are a few of Truebill’s favorite gifts that are meant to teach kids about saving and investing:

Lemonade in Winter: A Book About Two Kids Counting

This book by Emily Jenkins and G. Brian Karas is a beautifully illustrated read-aloud storybook that teaches simple math concepts such as counting money, and also shows kids a glimpse of the fun and resilience of entrepreneurship – and the challenges of selling cold drinks during a cold season!

Smart Piggy Trio Bank

Many parents want their kids to learn how to use their money wisely, even from a young age. This gift is an update on the classic piggy bank – it’s a 3-in-1 bank with separate compartments for spending, saving and sharing. This way, kids can learn about how to budget money, how to assign money for various goals, and how to include saving and philanthropy with everyday financial life, starting from a young age.

The Berenstain Bears’ Trouble With Money

The Berenstains’ classic stories of the Bear family are favorites with many families; in this book, Brother Bear and Sister Bear decide to start their own businesses to earn money – but quickly realize that sometimes “more money” really does cause “more problems.” This is a fun and simple story to teach kids about why it’s important to have a bank account and how to think differently about where their money goes.

The Berenstain Bears’ Dollars and Sense

Another book from the Berenstains shares more ideas on how to help kids learn how to budget their money, spend wisely, use a checkbook, and otherwise manage their money in a responsible way.

The Learning Journey Kids Bank Play Money Set

This toy money set contains $5,000 worth of realistic-looking “play money” and coins. The money in this set contains all of the denominations of U.S. currency – including $1, $5, $10, $20, $50 and $100 bills. And the set comes in a sturdy tray that serves as a storage compartment. With this set of play money, kids can learn about counting money, making change, and running their own imaginary small business or “kids bank.”

Growing Money: A Complete Investing Guide for Kids

This book gives young investors the basics of finance and making your money grow – with kid-friendly explanations for how various aspects of money management work, including stocks, bonds, mutual funds and savings accounts. If you can teach kids about saving and investing at a younger age, they’ll be better prepared to confidently navigate the world of finance as adults.

So many adults don’t fully understand “interest rates,” “mutual funds” or other basic financial concepts. Many people are not saving enough for retirement and are not managing their money properly, and it often starts with a lack of basic financial literacy. Giving your kids one of these gifts is more than just a happy memory on a special occasion – you’ll be setting them up for bigger long-term success in life. And that’s the biggest gift of all.

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About the author
Ben Gran

Ben Gran


Ben Gran is a freelance writer from Des Moines, Iowa. Ben has written for Fortune 500 companies, the Governor of Iowa (who now serves as U.S. Secretary of Agriculture), the U.S. Secretary of the Navy, and many corporate clients. He writes about entrepreneurship, technology, finance and other areas of great personal interest.

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