
Mary Hill's 'Spending and Saving' is a foundational non-fiction book designed to introduce children aged 4-11 to essential personal finance concepts. It breaks down how money is earned, the decisions involved in spending, and various methods of saving, including banks and savings accounts. The book also thoughtfully addresses the crucial distinction between 'wants' and 'needs,' providing a practical framework for children to begin understanding financial responsibility and making informed choices with their own money. It's an excellent resource for parents looking to initiate conversations about money management.
Introduces readers to spending and saving. Learn how people earn money and then either spend it or save it. Different ways of saving money are discussed, such as by keeping money in banks, savings accounts, and piggy banks. Wants versus needs are also addressed.