Money and Wealth Education for Children – Federal Reserve Comic Books
“Did you know that there are comic books that are completely focused on money and wealth management issues, published by the Federal Reserve?”
I didn’t until I recently read this line in Stuart E. Lucas’ recent book, Wealth : Grow It, Protect It, Spend It, and Share It. Since I have one kid in my household and one on the way, I was interested to see what these comic books were like.
After a quick search, I discovered the financial comic books on the Federal Reserve Bank of New York’s website. Twelve comic books were listed but two of them are not currently available. The currently available titles include the following:
- The Story of Inflation
- The Story of Monetary Policy
- The Story of the Federal Reserve System
- The Story of Checks and Electronic Payments
- The Story of Banks
- The Story of Money
- Once Upon a Dime
- The Story of Foreign Trade and Exchange
- A Penny Saved…
- Wishes & Rainbows
I put in an order for these free comics. None of the titles look particularly exciting but I’m curious as to what they contain. I’m sure my office coworkers will get a kick out of them at the very least.
While I was looking for the comics, I also discovered that the Federal Reserve has and an educational site appropriately called Federal Reserve Education. My macroeconomic skills are pretty rusty so I might spend a bit of time browsing through this site. Since I’m primarily a bottom-up stock researcher, I rarely spend much time on macroeconomic issues besides the basics of interest rates and inflation.
These are great! I just ordered a bunch of them for my job…I’m a financial writer at an investment firm. They should raise some eyebrows!
The comic books= Not being totally literate and not wanting to go to nonsense links commonn sense would dictate that you list the place
to go exactly to order these comic books. Speaky Anglaise.
I think it would be a great idea for an investment education firm to develop a range of entertaining comics which are able to subconciously educate children to become smarter with money.
Arren,
That’s a great idea, but probably hard to sell and make profitable. I did hear that someone was making a Warren Buffett based childrens cartoon.
As they say, wealth education is a boring subject but with these wealth education comics, children will unwittingly learn how to handle money and at the same time enjoy themselves reading the comic books.
This is the same with the one published in our country (Philippines) about family planning. The government published comic books for children about family planning and it really worked. Many children became aware what are the pros and cons of family planning in their lives.