By Jo & Carlย Violeta
Teaching kids about money is an important part of their education, but it doesn’t have to be boring! In fact, there are many fun and educational games that can help kids learn about managing money.
Here are six board games that help build financial literacy and are perfect for school holiday fun.
Monopoly
One of the most classic money games of all time, Monopoly teaches kids about managing money, property, and assets.
As players buy and trade properties, pay rent, and collect money from other players, they learn valuable lessons about money management and strategic decision-making.
The Game of Life
The Game of Life, teaches kids about the ups and downs of life, including financial ups and downs. As players navigate through the game, they must make important decisions, manage their money and try to achieve their life goals.
Act Your Wage
Act Your Wage focuses on budgeting and saving money. Players earn a salary, pay bills, and save for their future, all while trying to be the first player to get out of debt.
Money Bags
Money Bags is a fun and interactive game that helps kids learn about money by earning and counting money. As players move around the board, they collect money for chores and other activities and then count and exchange their money to try and accumulate the most wealth by the end of the game.
Pay Day
The game Pay Day simulates a month in the life of a person managing their money. Players earn money, pay bills, and make deals. The goal is to have the most money at the end of the month.
Cashflow for Kids
Cashflow for Kids teaches kids the importance of financial education and investing. Players learn about assets and liabilities and how to make their money work for them.
Other Resources:
In addition to these board games, there are also many online games and apps that can help kids learn about money.
For example, โLoose Changeโ is an interactive online maths game that uses Australian currency.
www.crackerjackeducation.com.au/resources/loose-change
Whether it’s a classic board game or an online game, there are many fun and educational money games that can help kids learn important
Jo and Carl Violeta are self-confessed numbers nerds, parents of an energetic toddler and a super switched-on teenager, and co-founders of the award-winning business, Violeta Finance. They are a husband and wife team who are passionate about empowering their community with financial education, love the odd glass of wine, and get a kick out of helping families achieve their homeownership and financial dreams.