Monetary Planning agency MKC Wealth has produced a collection of books aimed toward instructing main schoolchildren about managing cash.
They inform the story of Eddie Teddie who learns earn pocket cash, how to put it aside and spend it.
The three books additionally embody tips about how mother and father may help their youngsters be taught the worth of cash and handle their financial savings.
The collection was initially produced by Face to Face Finance, a Monetary Planning agency lately acquired by MKC. MKC has re-branded the books and is offering them to purchasers to offer to their youngsters or grandchildren.
There are at present three books within the collection:
- “Eddie Teddie’s Massive Summer season of Saving” which goals to show youngsters the precept of saving to purchase a toy they really need,
- “Eddie Teddie and the Bees” the place he buys and sells packets of flower seeds which are a magnet for bees and
- “Eddie Teddie Goes On Vacation” which covers how alternate charges work.
Suggestions for folks embody shopping for a cash field, creating a chance for youngsters to earn their very own cash and contain them in spending cash.
Dominic Rose, chief govt of MKC Wealth mentioned: “We imagine it’s vitally essential that youngsters study dealing with cash responsibly from an early age. Monetary schooling is insufficiently offered for in our faculties and we hope publishing these books will assist help the monetary schooling of future generations.
“They’re designed to enchantment to youthful youngsters to show them hopefully good habits round dealing with cash earlier than they attain their teenage years”.
Additional tales within the collection are are deliberate. Whereas the books are free to MKC Wealth purchasers, they are often purchased on-line from Amazon with all proceeds being donated to the Simply Finance Basis, a nationwide charity devoted to bettering monetary schooling so that each little one and household has equal alternative to thrive.
By way of its monetary schooling programme, Simply Finance Basis supplies free quality-assured monetary schooling help, assets and coaching to 250 main faculties, reaching over 70,000 youngsters all through the UK.