Financial Planning firm MKC Wealth has produced a series of books aimed at teaching primary schoolchildren about managing money.
They tell the story of Eddie Teddie who learns how to earn pocket money, how to save it and spend it.
The three books also include tips on how parents can help their children learn the value of money and how to manage their savings.
The series was originally produced by Face to Face Finance, a Financial Planning firm recently acquired by MKC. MKC has re-branded the books and is providing them to clients to give to their children or grandchildren.
There are currently three books in the series:
- “Eddie Teddie’s Big Summer of Saving” which aims to teach children the principle of saving to buy a toy they really want,
- “Eddie Teddie and the Bees” where he buys and sells packets of flower seeds which attract bees and
- “Eddie Teddie Goes On Holiday” which covers how exchange rates work.
Tips for parents include buying a money box, creating an opportunity for children to earn their own money and involve them in spending money.
Dominic Rose, chief executive of MKC Wealth said: “We believe it is vitally important that children learn about handling money responsibly from an early age. Financial education is insufficiently provided for in our schools and we hope publishing these books will help support the financial education of future generations.
“They are designed to appeal to younger children to teach them hopefully good habits around handling money before they reach their teenage years”.
Further stories in the series are are planned. While the books are free to MKC Wealth clients, they can be bought online from Amazon with all proceeds being donated to the Just Finance Foundation, a national charity dedicated to improving financial education so that every child and family has equal opportunity to thrive.
Through its financial education programme, Just Finance Foundation provides free quality-assured financial education support, resources and training to 250 primary schools, reaching over 70,000 children throughout the UK.