MKC Wealth has produced a series of books aimed at teaching primary school children about managing money.
Face to Face Financial, a financial planning firm acquired by MKC Wealth, created a character called “Eddie Teddie” who learns how to save, spend and earn pocket money.
MKC Wealth has rebranded the books and is providing them to clients for free to give to their children or grandchildren.
The books also include tips on how parents can help their children learn the value of money and how to manage their savings.
One tip is to give children a money box which can create “an opportunity for children to earn their own money and involve them in spending money”.
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.
Further stories featuring Eddie are being planned.
The book can be purchased 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.
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.
MKC Wealth CEO Dominic Rose 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.”