Tuesday, February 11, 2014

the Money Tree Book Tour

Virtual Book Tour Dates: 1/20/14 - 2/17/14
Genre: Children

Follow Tyler on his adventure to get enough money for a cool new toy, without the help of his parents. A witty and fun story with upbeat text for your young child with a valuable lesson about working hard and saving money to get something they really want! 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.

Guest Post:
Ready, Set, Save!
Let’s face it money problems are one of the most common stressors throughout our nation. Anyone who has ever had money problems will agree that stressing about money can bring on a host of health problems. It has been shown that low incomes are linked to increased debt, high stress levels, and poor health.
As parents, to ensure that our children are healthy we take them to doctor’s appointments for immunizations and checks up. We give our children medicine when they are sick and we do everything necessary to prevent them from getting ill. So why are we not taking the steps necessary to protect our children from future health problems associated with poor financial decision making?
Are you wondering what you can do to equip your child with the knowledge necessary to avoid future stress associated with money problem?
Here are a few suggestions to ignite a love of saving in your child:
1-Start early: The younger your child is when you began to teach financial literacy the better (around 3 years old is a good age). The younger your child is the more likely they will still take your direction.  Older children may be less likely to listen to you as they are influenced on how to handle money by both their peers and the media and getting them to listen to you may be a bit difficult.
2- Use the three jar system: Introduce your child to budgeting by using the three jar system. Have your child decorate three jars, one for saving, one for spending and one for sharing. Be sure to explain to your child what each jar will be used for.
3-Create a goal chart: Help your child create a goal chart. Use things like constructions paper, stickers, glue, glitter, etc, to create a unique savings chart that your child will love. Teach your child to set aside money for both short and long term goals. Be sure to explain to your child that it may take longer to save for certain items. Make sure that your child understands that although it may take longer to save for some items, they will be able to see themselves getting closer and closer to their goal on their chart.
4-Be a good financial role model: One of the most important things that you can do as a parent while teaching your child to save money is to let your child see you make good financial decisions. Take your child to the bank with you when you go to complete transactions. Write out a budget and create a shopping list together. You will be surprised how much your child really enjoys not only the lesson in financial literacy but also the bonding time with you.
5. Make learning fun: Think of fun games you can use to introduce financial concepts to your child. Making financial lessons fun will certainly help to ignite a love for saving in your child.
Happy Savings!

Review {by Ms. Middle}:
I really liked learning about money.  This book showed me how to save and earn money.  I talked with my mom about how to earn money at home.  She said I could do some chores and get some quarters!  I told my sister {the Big One} she needs to read this book, too.  I also liked the pictures a lot!

About the Author:

LaDonna N. Smith is a certified financial educator whose goal is to educate youth from all walks of life on how to find their path to financial empowerment. LaDonna draws inspiration for her book ideas from several typical parenting routines; watching her children play or argue, overhearing them sing or talk, and listening to all the amazing ideas, concerns, & request that they come up with. The Money Tree, is the first, but her children have inspired many more literary surprises already in the works! LaDonna and her husband reside in New York and have four wonderful children, all with intriguing and different personalities, like the characters she creates in her storybooks.
Enter the giveaway below for your chance to win a print copy of The Money Tree by LaDonna N. Smith!

Goodreads Book Giveaway

The Money Tree by Ladonna N Smith

The Money Tree

by Ladonna N Smith

Giveaway ends February 17, 2014.
See the giveaway details at Goodreads.
Enter to win

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