12 Great Personal Finance Gifts For Money Nerds
Learning about personal finance doesn’t exactly sound like the most fun you can have, but there are lots of gifts that can help make it fun. And personal finance is one of the most important subjects to master. A good personal finance education can help us in many areas of our lives.
To help you give the gift of personal finance knowledge, we found 12 great personal finance gifts for money nerds.
Personal finance books
Books are a great gift as there are so many choices and options for all ages and levels of knowledge. These are some of our all-time favorite personal finance books:
The One-Page Financial Plan: This book is great for those who want to take control of their finances but think it’s too complicated. Author Carl Richards guides readers through simple ways to set financial goals, create and stick to a budget, and get a handle on debt.
The Intelligent Investor: This book is great for those who want a simple, effective formula for investing that doesn’t take a professional stock broker to understand. Author Benjamin Graham teaches readers that the secret to long-term successful investing is to invest in healthy companies that drive innovation and ignore the market's ups and downs.
Think and Grow Rich: This book is great for those who want to develop a “wealthy mindset.” Author Napoleon Hill spent 20 years interviewing more than 500 wealthy, successful people and distilled their success down to 13 habits they all practiced.
I Will Teach You To Be Rich: This book is great for those just starting out in life. Author Remit Sethi teaches readers how to take control of their finances while still enjoying their lives and the importance of investing early.
The Total Money Makeover: This book is great for anyone struggling with debt. Author Dave Ramsey may have some controversial advice when it comes to investing, but his step-by-step plan to help readers get out of debt and save an emergency fund is terrific, and it works.
Budgeting gifts
A budget is the building block of healthy personal finance. If you know someone who doesn’t budget, these gifts will be just the push they need.
Budget planner: While there are plenty of online budgeting programs, some people respond better when keeping a budget by hand. This planner will help keep them organized and is undated so that you can give it to them any time of year.
Envelope budgeting set: Some people budget better when dealing with actual cash, and that’s what the envelope budgeting method does. This kit includes everything needed to set up and maintain an envelope budgeting system.
You Need a Budget: YNAB, as it’s popularly known, is an online, zero-dollar budgeting program. The YNAB method has a bit of a learning curve, but it’s great for those who have tried and failed other budgeting methods.
Personal finance gifts for kids
It’s almost never too early to start teaching kids good money habits. Even very young children can understand simple concepts like counting and saving. These personal finance gifts for kids will make learning good habits fun!
Classic piggy bank: Everyone remembers their first piggy bank! This bank makes an especially lovely gift for a new baby. Remember, saving can’t start too early!
Save, Spend, Share bank: This bank is great for kids aged toddler and up. The bank has three slots, one for saving, one for spending, and one for sharing. It teaches kids not only the importance of saving but the importance of sharing and that part of our money is ours to enjoy, spending it on what we like.
Financial flashcards: This set of 40 flashcards will help teach kids the basics of personal finance. Each card has a financial concept and an explanation. The cards are meant for teens and young adults and would also make a great gift for a teacher.
The Stock Exchange Game: This board game is a fun way to teach kids about investing. It’s meant for ages 10 and over, two to six players, and no prior knowledge of the stock market is required.