Math
- The seventh-grade child has learned about basic addition and subtraction while keeping track of their income and expenses.
- They have applied multiplication and division when calculating percentages for savings and expenses.
- They have practiced working with decimals when budgeting for items that have partial costs.
- They have developed problem-solving skills by finding creative ways to save money and make their budget work.
Continued development can include exploring more advanced mathematical concepts like compound interest and investment planning. They can also create more complex budgets involving multiple income sources and categories of expenses.
Book Recommendations
- The Kids' Money Book by Jamie Kyle McGillian: This book provides practical tips and advice on money management, budgeting, and saving for kids.
- Smart Money Smart Kids by Dave Ramsey and Rachel Cruze: This book offers valuable lessons on money management and budgeting for kids and teenagers, combining personal stories and practical advice.
- Money Sense for Kids by Hollis Page Harman: This book introduces basic financial concepts, including budgeting and saving, through engaging stories and age-appropriate activities.
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