5 gifts that will make your kids rich
Ways to present fiscal lessons without looking like the Grinch.
By Karen Hube, Money Magazine
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Best book for teaching little kids the value of a buck
Best book for teaching little kids the value of a buck
Alexander, Who Used to Be Rich Last Sunday
Price: $6.99 at most bookstores

Who it's for: Four- to eight-year-olds

What it's about: In this charming story by Judith Viorst, Alexander gets a gift of $1 from his grandparents. He has lofty plans to save the money for a big-ticket item but instead blows it all in the face of life's temptations and regrets it.

Why it works: By age four, kids are old enough to grasp the basic concepts of saving and spending, but they're not likely to sit still for a lecture on the topic.

"When children are engaged by a story and see a character's life turn this way and that, they'll learn by example," says Margaret McKeown, a senior scientist at the Learning Research and Development Center at the University of Pittsburgh.
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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.