Teaching money to children is such an incredible skill that they will have for the rest of their lives. Everything we do is somehow associated with money, the way we live, when we drive our car, and eating food, all costs money at the end of the day. So why not start to teach money to children early so they will be able to develop their idea of what money can do for them?
Now, the world I believe is the kid's playground, so every day they are learning something new. As parents, you can think about the best games to teach kids about money. Let's face it, your children love to play games and if you can encourage and present a fun idea to them, they will be even more inclined to learn about this topic.
Teaching money to children does not have to be a chore but a fun activity that you can share with your child. Thinking of games to teach kids about money can be either bought or thought of. You can even participate in the games and give them a nugget of knowledge as they are on this journey. Below are some ideas that you can utilize to for teaching money to children.
Monopoly - you can buy this game nearly everywhere. It will teach children about money in ways that you could never think of. It will open your children eyes in topics such as saving money, real estate or interest rates as well. This is a game that you can easily start your child on.
Cashflow - This is the game created by Robert Kiyosaki. What this board game teaches your kids, and even parents, is how to get out of the rat race by investing their money wisely.
Game of Life - This game brings back memories. Each player takes turning spinning a wheel and when you land on different phases in people's lives such as marrying, raising a family and buying a house, it teaches you how much you need to provide for this.
Above are just some examples of games to teach kids about money. Remember kids love having fun, so make it as fun and enjoyable as possible, otherwise they may start resenting how money works and their interest begins to decline.
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