Most kids have never learned about money at an early age and some of them even find themselves reaching adulthood 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 the whole family while teaching your kids about money matters.
I don´t want to talk about Monopoly here. Everybody knows that classic already! The following list contains 11 great video, online, nd board games that incorporate basic financial skills in for your kids to learn while they have a lot of fun!
11 Exciting Money Games For Kids
1. Wuzzit Trouble (8 years and up) – This is a free video game and app that everyone can play. While helping the cute little Wuzzit characters break free, players develop their mathematical conceptual thinking skills. Kids learn math better when it’s combined with action. No one learns to ride a bike by explaining, so why should math be any different?
2. Awesome Island (10 years and up) – This is an award winning online simulation that introduces kids to all aspects of investment finance, including credit, debt, salary, investments, and philanthropy. It will expose your kids to a lot of ideas about money, including long term goal setting and understanding the consequences of poor financial decisions.
3. Warren Buffet’s Secret Millionaires Club – This website teaches the basics of good financial decision making and some of basic lesson about starting a business. It offers 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 smart decision making, especially on smart financial decisions, something that parents should teach their kids. It will also teach your kids how to earn bonuses, helping them become 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 set in a monthly calendar that allows your kid to monitor his or her monthly payday. It has also includes financial pitfalls like bad investments and extra bills as well as financial bonuses like winning the lottery and many other investment opportunities. The player with more money wins the particular game.
6. Careers Game (8 years and up) – This is an educational game that helps improve the development of your kid’s memory. Depending on the career your kid chooses in the game, he or she can own a success formula like Fame, Happiness, or Fortune. This formula will help your child achieve financial goals in the game within the shortest time possible, learning the whole time.
7. Thrive Time For Teens – A great monetary board game for kids! In this game, children will have to invest in businesses investments and part time jobs while making decisions about paying for college, buying cars, and more. This will help give them the skills they 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. It allows your kids to face realistic scenarios where they must show their basic financial knowledge and skills to move successfully through the town.
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 mainly focuses on farming play technique but it will help your kids to learn about financial skills while offering fun with broad educational benefits.
10. The Allowance Game (5 years and up) – This money game for children has your kids to move around board while doing chores to get their allowance. In addition, it provides them with an option of spending the money or saving it. Kids learn to add, subtract, and see how money is used in real life.
11. Sum Swamp Game (4 years and up) – Math becomes an adventure in this game, making it a nice change from normal math books. It´s a great learning game for pre-school and kindergarten children who work on addition, subtraction, as well as even and odd numbers.
It’s never too early for children to learn how to handle money,. Teaching your kids money skills should be like teaching them a sport. Your kids learn from mistakes so they can improve over time and with practice. Money games are a wonderful way to do that while having fun.
These money games for kids teach crucial skills to help children succeed in life.