Skip to main content


5 Games That Teach Your Kids About Money

Children are never too young to start learning about money. Most children can understand the concept of money at the age of two. These conversations don't have to be dreaded talks but can be made fun by incorporating real-life discussions and games into the mix. Here are four money games that you can start playing today.

Dad and son playing monopoly.

1. Monopoly Ad

Yes! The number one game is Monopoly. Monopoly can show children ways to strategize purchases when it comes to real estate. Monopoly allows you to purchase property, add houses to that property, and ultimately upgrade it into a hotel. Owning real estate and upgrading property can be advantageous in Monopoly because you get to collect rent from those who land on what you own. However, purchasing property can be expensive, and if you don't manage purchases correctly, you may go bankrupt before you can reap the rewards. Try this competitive game and collect $200 when you pass Go.

2. The Game of Life Ad

The Game of Life gives you two choices, start a career or go to college. If you choose to start a career, you would also need to pick a salary at the beginning of the game. If you decided to go to college, you would need to get a student loan for $40,000. You will eventually choose a job and a salary. The Game of Life will take you through life choices, and you will need to manage your finances through your career, home purchase, family planning, and retirement. The person who retires at the end of the game with the most money wins! 

3. Rich Dad - CASHFLOW for Kids Ad

CASHFLOW for Kids takes the conversation a little further by incorporating real-world skills and discussions into the mix. CASHFLOW is not a fast game, so set aside time to have meaningful financial discussions with your children. These conversations will allow you and your child to learn and grow together. What could be better than that? 

4. Cash Registers Ad

The Learning Resources Pretend & Play Calculator Cash Register is another fun resource for children. My daughter requested one of these for Christmas when she was younger. She would create price tags for everything in our home and even charge us at mealtimes. Using a cash register can teach children how to make change, determine what change they should get back, and return change in different coin combinations. This realistic cash register, which includes a debit card, is perfect for today's youth.

5. The Allowance Game Ad

The Allowance Game teaches children how to spend their allowance. It's the perfect game for any age, but more specifically for those in elementary and middle school. It helps develop priorities regarding needs and wants and other childhood responsibilities. Do you really need that gum, and do you have the money required to afford it? This game also teaches children to earn money by doing chores and how to make change. Children can understand needs and wants by playing because the game is over once the money's gone.

The end result is that having constant money conversations with children can break the 'shirtsleeves to shirtsleeves in three generations' curse. Teach child(ren) positive money habits to help them build a solid financial future. 

What other games can be used to make learning about money fun? Leave a comment below.


Popular Posts

9 Ways Employers Can Celebrate Juneteenth

What's one way a company can recognize and celebrate Juneteenth? To help you find ways to celebrate Juneteenth as a company, we asked business leaders this question for their best insights. From supporting Black-owned businesses to hosting an African-American guest speaker, there are several ideas that may help you bring your employees together to recognize and celebrate Juneteenth properly. Here are nine ways employers can celebrate Juneteenth and make a financial and social impact within your community and with your employees: Launch a Juneteenth Team-Building Event Invite an African American Guest Speaker Line Up Activities To Help Employees Reflect and Give Support Black-Owned Businesses Go on Museum Tours Celebrate Through Social Media Choose a Way To Actually Celebrate Together Play Trivia Games Throw Virtual Parties Launch a Juneteenth Team-Building Event A company can commemorate Juneteenth by launching a team-building event, where everyone is tasked with researching and pr

Top 4 Ways To Budget For The Holidays

Holiday gift-giving is a time of joy, and the expression you see on someone's face when they open that perfect gift can confirm that you found the perfect gift. Gisele Bundchen stated that "Christmas and the holidays are the season of giving. It's a time when people are kinder and open-hearted." When searching for the perfect gift(s), it's also essential to keep your budget in mind. Here are tips to keep your holiday budget on the right track. Photo by  Jakob Owens  on  Unsplash Budgeting for the Holidays Budgeting for the holidays begins by estimating what you plan to spend for gifts, travel, and food. If you have children, budgeting for presents keeps your budget on track by designating what you will spend on each child. If you have a significant other, agreeing on gift purchase limits for each other can help ensure that one partner doesn't overspend. You can also pre-plan your travel by budgeting at least six months in advance and establishing a limit for f

11 Professionals Share Tips on Asking For A Raise

What's one thing to consider when asking for a raise?  To help you with preparing to ask for a raise, we asked HR managers and CEOs this question for their best insights. From communicating challenges you overcame to presenting tangible numbers and results, there are several tips that may help you ask for a raise in the future. Here are eleven things to consider when asking for a raise: Communicate Challenges You Overcame Consider Asking For Perks Prepare for the Worst Ask for More Than You'd Settle For Make Sure Your Industry is in Good Shape Expect a Waiting Period Determine Why Your Boss Should Give You a Raise Come Into The Meeting Well-Prepared Plan a Year Ahead Consider Your Timing  Present Tangible Numbers and Results Communicate Challenges You Overcame Your boss and company must see your real growth. Therefore, instead of raving about your achievements, narrate the stories of how you encountered a challenge, made a superior result, and solved an issue. When we're ne