Blue Lake Children's Publishing (Blue Lake), publisher of The Tessy & Tab Reading Club, has partnered with Moonjar to create the Tessy & Tab Preschool Money Manager Toolkit which provides parents and children with a system to learn three basic money concepts: where money comes from, what money is used for, and that money management is fun.
According to the National Association of School Psychologists, learning how to manage money responsibly is one of the most important skills young people need for successful adulthood. By giving young children an early start at using their own money and teaching them to evaluate and decide what to buy, children build a solid base for managing their future finances.
"Too many kids are taught that you "save to spend", but real saving is the money you never spend and you watch grow," said Blue Lake CEO Judy Johnston. "With this toolkit, parents can teach their children to save for the future, spend wisely, and share with worthwhile causes. Solid financial management skills will become second nature to a child when you make it fun and easy."
The Preschool Money Manager Toolkit offers parents a 7-step program to teach their preschoolers early financial skills including:
1. Review the "cost of living" and "extras" charts so children begin to understand that items such as a house and toys cost money
2. Determine weekly allowance using the allowance calculator chart
3. Make setting financial goals fun by using the Save, Spend and Share goal posters
4. Make an earnings plan
5. Make pay day a weekly ritual
6. Count and distribute earnings using the Moonjar money bank
7. Celebrate success!
"Parents can use this Preschool Money Manager Toolkit to instill values of hard work, thoughtful decision making and strong financial ethics," said Moonjar CEO Eulalie M. Scandiuzzi. "Parents are looking for tools to help their children incorporate strong financial values and practices into their daily lives."
The Preschool Money Manger Toolkit contains:
- Parent's Guide: 7-step program to build early financial skills
- Two Tessy & Tab books that teach money concepts
- Moonjar 3-part bank: Save, Spend, Share boxes and passport to keep track
- Starter set of printables: allowance guidelines and calculator, goal posters, and job chart
Parents can print the allowance guidelines, calculator, goal posters, and job charts to personalize for their own family and purchase the Preschool Money Manager Toolkit for $19.95 at www.preschoolmoneymanager.com.
About Blue Lake Children's Publishing
Founded in 2002 and based in Portland, Oregon, Blue Lake Children's Publishing creates magazines and learning toolkits with engaging characters and innovative formats that capture the imagination of today's media-savvy children. The Tessy & Tab Reading Club combines a children's magazine subscription with tools for parents to help their preschooler get ready to read. This reading program builds early reading skills in children ages 2-6 and was developed to support the Six Skills for Early Literacy endorsed by the U.S. Department of Education. For more information call 1-800-921-3284 or visit www.tessyandtab.com.
About Moonjar
Founded in 2001, Moonjar LLC is a Seattle-based company that supports youth financial literacy around the world. Winner of the Global Learning Initiative Award and the National Parenting Center Seal of Approval, Moonjar creates products that are the teaching tools helping families gain financial literacy and life skills. Moonjar is committed to creating products that enhance family life - encouraging the communication skills of talking and listening and empowering children to reach goals and build dreams by learning about money through Saving, Spending and Sharing. For more information call 888-323-0001 or visit www.moonjar.com.
Contact:
Linda Collier, Blue Lake Children's Publishing
503-267-8373
www.tessyandtab.com