14 Board Games About Money {The Complete List}

A great introduction to the world of finance, an especially important subject to learn in today’s economy. Learning doesn’t have to be boring! Cashflow For Kids <– CLICK TO GET IT Suitable for Ages: 7-14 years old What Players Learn: How to make money work for them. They learn about assets and liabilities.     Monopoly Junior <– CLICK TO GET IT Suitable for Ages: 5+ years old What … Continue reading 14 Board Games About Money {The Complete List}

Simple Ways to Teach Kids About Investment {Free Printable}

Warren Buffet was asked in this interview featured on Forbes: At what age should we speak with our kids about being smart with money and investing? Buffett: “It’s never too early to help kids understand about money. Whether it’s understanding the cost of the new toy they want, or the value of saving money. Kids are exposed to money matters from a very young age, … Continue reading Simple Ways to Teach Kids About Investment {Free Printable}

The M&M’s Game: Introduction to Compound Interest

Compound interest is the addition of interest to the principal sum of a loan or deposit. It is the result of reinvesting interest, rather than paying it out, so that interest in the next period is then earned on the principal sum plus previously accumulated interest. When you deposit your money in a bank savings account, you earn interest. So if you open a savings account with $1,000 and your interest rate is … Continue reading The M&M’s Game: Introduction to Compound Interest

Your Kid’s Savings Account {FREE PRINTABLE}

Why Is It Important for Kids to Know How To Save? To teach saving to children is to teach them about the concept of scarcity. In life, we will only earn a limited amount of money and often, we can’t spend all the money we get all at once because we have to spend them on the NEEDS before we can spend on our WANTS. … Continue reading Your Kid’s Savings Account {FREE PRINTABLE}

The 5 Most Important Money Lessons To Teach Your Kids {with printable}

What our kids think about money: When I said we didn’t have enough money to buy a toy that he wanted, my 3-year-old suggested I go to the bank and withdraw more money. When my 5-year-old took loose change from the table-top to buy a can of soft drink, he said the money was his because he “found it”. My 7-year-old asked why the government won’t simply print … Continue reading The 5 Most Important Money Lessons To Teach Your Kids {with printable}