Many people don’t learn the subject of money at an early age while they are kids and some of them even find themselves reaching adult age without knowing the tips and secrets that revolve around money. The use of money games for kids has been one of the best ways to entertain family as well as teaching your kids the tricks that revolve around the money matters.
I don´t want to talk about Monopoly here, everybody know this classic already, the following are 11 great video, online, or board games, which incorporate basic skills in the financial topics for your kids while they have a lot of 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 break free it helps develop mathematical conceptual thinking skills. For kids to learn mathematics it´s best to combine it with action, just the same as explaining how to ride a bike won’t help them learn to ride – they have to actually get on the bike and have a go.
2. Awesome Island (10 years and up) – This is an award winning online simulation which introduces kids to all aspects of investment finance, including credit, debt, salary, investments, and philanthropy. It will expose your kids to all aspects of money, long term goal setting and understanding the consequences of poor financial decisions.
3. Warren Buffets Secret Millionaires Club – teaches the basic of good financial decision making and some of the basic lessons of starting a business. It’s an animated series of 26 short online episodes, but 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.
4. The Game Of Life (10 years and up) – This board game puts more emphasis on the better decision making especially on the financial matter that parents need to teach their kids. This will also teach your kids how to earn bonuses thus helping them be independent in life as early as possible.
5. Payday (8 years and up) – This is a personal favorite board game for kids. This game is often set in a monthly calendar that enables your kid to monitor his or her monthly payday. It has also financial pitfalls like bad investments and extra bills at the same time bonuses like winning the lottery, many other investment opportunities. The game will allow you to play as many times as you can and the kid with more money wins that particular game.
6. Careers Game (8 years and up) – This is amongst the educational 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 investments and part time jobs while making decisions about paying for college, buying cars, etc. This will give them the skills that are needed to make sound financial lessons as they play.
8. Wise Money (13 years and up) – This is a family board game on financial literacy. This money game will allow your kids to learn about budgeting, payday, banking, credit, investing and financial responsibility. The game enables your kids to face realistic scenarios and they must show their basic financial knowledge and skills to move successfully through the town while 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 that successful business of their choice. The game mainly focuses on farming play technique but it will enable your kids to learn about financial skills and 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 board while doing chores to get their allowance. In addition, it provides them with an 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´s a great learning game for pre-school and kindergarten children who work on addition, subtraction, even, and, odd.
It’s never too early for children to learn how to handle money, teaching kids money skills should be like teaching them a sport. Your kids learn from mistakes so they can improve over time and with practice.
The above money games for kids teach crucial skills to help succeed in life.