Finding creative ways to teach your kids financial literacy can be challenging. The most successful educators and parents find a way to mix together fun, entertainment, and education in their lessons. You can’t go wrong with these resources and ideas to teach your kids about money.
Teaching kids financial literacy
ChooseFI Financial Literacy Program
ChooseFI is a financial independence blog that recently rolled out with an entire financial literacy curriculum for kids K-12. Their curriculum was designed by certified instructors and teachers which is free to use at home or in a classroom.
Students will learn basics such as budgeting and goal setting as well as learn about US tax structure, entrepreneurship, and more.
The Ultimate Playbook for Kids
This is a printable PDF created by us here at Family and FI. We created this workbook to teach our own kids financial literacy. We decided to share it with our followers for free because our kids learned so much from it.
The playbook includes financial terms, stories, and ideas to help teach your kids about money. For example, kids will learn about property investing and liabilities.
This following video was technically a learning test, but for fun… we called it a “gameshow.” Download the Ultimate Playbook for Kids for FREE in our resource library!
CASHFLOW Classic is an online financial literacy game that is technically designed for adults but is also enjoyed by older kids. The goal is to get out of the 9-5 “rat race” that most people are in and get into the “fast track” for the rich. After that, players win the game because they have cash flow.
After registering via email, players can play for free and also join games with other players online.
The online game is actually designed for adults, however, the concepts of the online game would be understandable by teenagers.
Financial Peace Junior Kit: Teaching Kids How to Win With Money
The Dave Ramsey company created Financial Peace Junior. Kids will learn about working, giving, saving, and spending money. Additionally, the game comes with a chore chart to make chores more fun!
Ice Cream Empire
Ice Cream Empire is a family friendly board game that teaches entrepreneurship. The player’s goal is to be the first to have 8 ice cream shops during the game. Players learn about investing in inventory, supply and demand principles, and how to build a long-term business.
Also, don’t let the cover photo fool you, the reviews for this game are great! Ice Cream Empire is recommended for ages 7 and older.
Hopefully these resources will help you teach your kids about money and financial literacy. Also, if you have any tips of your own, leave them in the comments!
Lastly, did you know we have a financial independence group on Facebook? You should join… here!