Skip to content
Search

Latest Stories

Sonia Rach introduces children to ‘basic understanding of world of money’

“Loose Change: Tina Learns to Save” is a new children's book that endeavours to introduce children to the concept of saving and earning interest from an early age

Sonia Rach introduces children to ‘basic understanding of world of money’

Sonia Rach, the deputy news editor at FT Adviser, steps into the realm of children's literature with her creation, "Loose Change: Tina Learns to Save."

Tailored for youngsters between the ages of 6 and 11, this new children’s book endeavours to sow the seeds of financial acumen by introducing the concept of saving and earning interest from an early age.


The storyline revolves around Tina, the protagonist, as she accompanies her parents on a trip to the supermarket, armed with her pocket money and the responsibility of deciding how to spend it.

The illustrations in "Loose Change" aims to captivate children's imaginations while imparting lessons about the value of money, judicious spending, the significance of savings, and the cost of goods, a press release about the book said.

For Rach, writing her first book stems from a passion for financial education, particularly the urgency of instilling this knowledge early on.

Her inspiration to write the book came from research revealing that money habits often take root by the tender age of seven.

She said, “It was eye-opening and when I went to buy a children’s book about money for my niece’s birthday, I quickly realised there were very few suitable books out there.”

Disheartened by the scarcity of suitable children's books on the topic, Rach envisioned "Loose Change" as the pioneer in a series aimed at acquainting children with the world of money, addressing subjects that even parents might find challenging to explain.

“Many children get to their teenage years without a basic understanding of the world of money,” Rach said.

"Loose Change: Tina Learns to Save" represents a pioneering effort to transform the way children perceive and comprehend financial matters offering a gateway to early financial literacy in "engaging imagery, together with useful maths and a fun storyline.”

The official launch of the book took place on November 15 at Barings, and was hosted by Standard Life, a part of Phoenix Group.

The book is now available for purchase on Amazon, in both paperback and Kindle versions.

More For You

Sri Lanka forms committee to address UK sanctions
Anura Kumara Dissanayake

Sri Lanka forms committee to address UK sanctions

THE Sri Lanka government on Wednesday (2) formed a committee to recommend measures regarding the UK's decision to impose sanctions on three former military commanders who led the campaign that crushed the Liberation Tigers of Tamil Eelam (LTTE) in 2009.

Health minister Nalinda Jayatissa told reporters that foreign minister Vijitha Herath, justice minister Harshana Nanayakkara and deputy minister of defence Aruna Jayasekara would comprise the committee that would consult experts for the purpose.

Keep ReadingShow less
Gujarat-blast-ANI

The blast caused the factory’s concrete roof to collapse, scattering debris and body parts across the area, officials confirmed. (Photo: ANI)

ANI

Death toll rises to 21 in Gujarat firework factory explosion

AN EXPLOSION at an illegal firecracker factory in Gujarat's Deesa town killed 21 people and injured several others on Tuesday, officials said.

The blast caused the factory’s concrete roof to collapse, scattering debris and body parts across the area, officials confirmed.

Keep ReadingShow less
Child benefit payments set to rise for UK families

Child benefit, normally paid every four weeks directly into bank accounts, has undergone significant changes in recent months (Photo: Getty Images)

Child benefit payments set to rise for UK families

MILLIONS of British families are set to receive a financial boost as child benefit payments increase from April 7, according to HM Revenue and Customs (HMRC).

From next week, parents will receive £26.05 per week for the eldest or only child, amounting to £1,354.60 annually - up from the current rate of £25.60. For each additional child, payments will rise to £17.25 weekly, totalling £897 per year - an increase from the present £16.95 rate. This represents a 1.7 per cent increase across all payment categories.

Keep ReadingShow less
Anant Ambani Walks 140 Km in Spiritual Tribute on 30th Birthday

Anant’s padyatra is a reflection of the larger cultural fabric of India

Getty

Anant Ambani embarks on a 140-kilometer spiritual journey on foot to celebrate 30th birthday

Anant Ambani, a director of Reliance Industries Limited and a prominent figure in Indian industry, has chosen a unique and spiritual way to mark his 30th birthday. As part of his celebrations, he is currently undertaking a padyatra—a traditional pilgrimage on foot—from Jamnagar to Dwarka, covering a distance of approximately 140 kilometres. The journey reflects his devotion to Lord Dwarkadhish, the presiding deity of the Dwarkadhish Temple in the city of Dwarka.

Anant began his journey from his family’s residence in Moti Khavdi, Jamnagar, and has been progressing steadily for the past five days. Walking an estimated 10-12 kilometres each night, he travels under the protection of Z+ security and local police, ensuring his safety during this significant journey. The padyatra is expected to take between seven to nine days in total, with plans to conclude at the Dwarkadhish Temple in time for his birthday on April 10.

Keep ReadingShow less
New TB action plan proposed as cases surge

Government urged experts to come forward to help draw up a new five-year TB action plan. (Photo: Getty Images)

New TB action plan proposed as cases surge

BRITAIN on Wednesday (2) urged health experts and sufferers of tuberculosis (TB) to come forward to help draw up a new five-year action plan as it deals with record rises in the disease.

In 2023, England recorded its largest annual increase (11 per cent) in cases since enhanced surveillance began in 2000.

Keep ReadingShow less