Dec 162013
 

money games for kidsWhy are money games for kids important? Well, the fact is that too many people do not learn about money and how to handle their finances while they are kids, and some of them even find themselves reaching adulthood without knowing the basic tips and secrets about money. The use of money games for kids is one of the best ways to entertain the family, as well as to teach kids the fundamental tricks regarding money and domestic finances.

I do not want to talk about Monopoly here, everybody already knows this classic. However, the following are 11 great video, online, or board games, which incorporate basic financial topics and help children develop financial skills while having fun;

11 Exciting Money Games For Kids

1. Wuzzit Trouble (8 years and up) -is a free video game (and app) for everyone to play. While helping the cute little Wuzzit characters to break free, it helps children to develop mathematical reasoning skills. For kids to learn mathematics, it is better to combine it with action, just the same as explaining how to ride a bike will not help them learn to ride it- they have to actually get on the bike and try to ride.

2. Awesome Island (10 years and up) – This is an award winning online simulation game which introduces kids to all aspects of investments and finances, including credit, debt, salary, investments, and philanthropy. It will expose your kids to all aspects of money, long term goals setting and understanding of the consequences of poor financial decisions.

3. Warren Buffets Secret Millionaires Club – teaches the fundamentals of good financial decision-making and some of the basics for starting a new business. It is an animated series of 26 short online episodes that also provides some online games like:

  • Number Blaster – where kids can test their addition skills and reflexes.
  • Counting Money – a fun math skills money game.
  • What do YOU know about Business? – a business basics quiz.
  • Business-Building Brainstorm – to start and grow a business.

Volumes:

4. The Game Of Life (10 years and up) -This board game puts emphasis on smart decision-making, precisely on the financial matters that parents need to teach their kids. This game will also teach your kids how to earn bonuses, thus helping them be independent in life as early as possible.

Versions:

educational games for kids5. Payday (8 years and up) – This is one of my favorite money games for kids. This game is usually set in a monthly calendar that enables your kid to monitor his or her monthly payments. It also has financial pitfalls like bad investments and extra bills. At the same time, it offers bonuses like winning the lottery and many other investment opportunities. The game will allow you to play as many times as you can. The player with more money wins that particular game.

6. Careers Game (8 years and up) -This is amongst the educational money games for kids that improve the development of your kid’s memories. Depending on any careers your kid chooses, he or she can own personal his or her success formula such as Fame, Happiness, or Fortune and this will make him of her achieve financial goals within the shortest time possible.

7. Thrive Time For Teens – A great monetary board game for kids! Kids have to invest in businesses and take part-time jobs while making decisions about paying for college, buying cars, etc. This money game will give children the skills they will need to make sound financial lessons as they play.

8. Wise Money (13 years and up) – This is a family board game on finances. This money game will allow your kids to learn about budgeting, payday, banking, credits, investing and financial responsibility. The game enables your kids to face realistic scenarios, and make them use their basic financial knowledge and skills to move successfully through the town. It is a great option to have fun and learn playing money games for kids.

9. The Farming Game (10 years and up) – Here your kids will sell livestock and plant crops while trying to turn their farm outputs into the successful business of their choice. The game focuses mainly on farming play techniques, but it will also teach your kids financial skills. The farming game offers fun with broad educational benefits.

10. The Allowance Game (5 years and up) – This money game for children allows your kids to move around the board while doing chores to get their allowance. In addition, it provides them with the option of spending it or saving it. Kids learn to add, subtract, figure out amounts and see how money is used in real life.

11. Sum Swamp Game (4 years and up) –Math becomes an adventure; a nice change from the usual math enrichment books. It is a great learning game for pre-schoolers and kindergarten children who are already working on addition, subtraction, even, and, odd.

It is never too early for children to learn how to handle money; teaching kids money skills should be like teaching them sports. Kids learn from their mistakes, and they improve with practice, and these money games let them practice financial skills.

The above money games for kids teach crucial skills that will help them make smart financial decisions and succeed in life.

Aug 202013
 

Welcome to Kids Making ChangeAt KMC (Kids Making Change) you will find helpful information to help you to be better parents, and to educate your children to become  well rounded adults. These days, kids are taught basic information by rote in school. However, test based education leaves little room for the joy and wonder of learning.

As a parent, it is your job to help your child learn how to apply the knowledge they acquired at school into real life.

In this blog, we will discuss activities and ways of thinking and learning that can help your child understand the meaning and importance of education to become a educated adult with good moral values. Read on to learn more.

Kids Making Change

Make good use of your local public library. You can have access to all sorts of media and information at the library without having to spend huge amounts of money. Look for books, movies and other materials that support and deepen the information your child is learning at school. Be sure to have a copy of your child’s class syllabus on hand so you can know exactly what to look for.

Use your own math skills every day to set a good example for your child. Teach your child the importance of knowing how to add, subtract, multiply and divide in everyday life by keeping close tabs on your own checkbook. Make sure your child sees what you are doing and knows why. Calcpulate the square footage of rooms in your house when you are in search of floor coverings. Calculate the area of your walls when you are planning to buying paint. Convert measurements for cooking and think of other daily activities you can use to apply basic math concepts. Show your child that the math he/ she is learning at school is applied in real life.

Visit museums, local theater productions and other cultural and social events and venues. Take every opportunity to come in contact with people from other cultures and learn about their daily life and habits. Check out the schedule of classes at your local community center to see if there are interesting, enjoyable, enriching classes you and your child could take together to broaden your knowledge and learn more about the world.

Keep a good amount of learning materials on hand. Even though these dayswe can find out just about anything online, it is important to know how to use a dictionary, a thesaurus and the encyclopedia. These are simply skills that knowledgeable people must have. It is as important to know how to look through these resources for information as it is to know how to find information online. Probably,  there will be times when a computer or other technological devices will not be available. For those ocassions, knowing how to use traditional sources of information is very advantageous.

Plan activities in and around your home and neighborhood that can help your child learn about working and socializing with others. Community events, groups such as boy or girl scouts, and any other social groups will help your child learn to get along with others in a cooperative manner.

By making good use of public resources, introducing your child to a wide variety of learning materials and demonstrating how knowledge gained in school can be useful in daily life you can help your child take most advantage of his /her insitutional education. Combining information learned at home and at school will result in your child growing up to be a well rounded adult. [read more on KMC]

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