When selecting the best money games for kids, you may find it helpful to choose those that help the players build practical skills they can use as they grow. For example, games that teach lessons about budgeting money to last for a month may prove helpful. Such games might involve giving each player a pretend paycheck and having him learn how to pay bills, buy groceries, and spend money on fun things without running out before the week or month ends. These types of games can teach children lessons about the value of money as well as the importance of saving a significant portion of it.
Some of the best money games for kids also introduce children to investing. For example, some teach children how to build wealth and income by investing in stocks, bonds, and real estate. Many games also teach children important concepts about running and investing in a business. Children can learn ways to plan for financial stability in addition to or instead of working a job as well.
Children may also benefit from money games for kids that teach money-handling lessons. Such games can teach children how to pay for items as well as how to give change using the fewest bills and coins. These lessons can act as important supplements to math textbook and workbook lessons that help build money-handling skills. Many children develop greater understanding for such concepts when they receive hands-on lessons in addition to traditional learning activities.
The best money games for kids may also include playing pieces that look like real money and checks. Such games help children get used to using different denominations of money as well as personal or business checks. As with other types of math, hands-on learning helps to boost true understanding and retention. If you can find a money game that includes bank withdrawal and deposit documents, this may prove helpful as well.
It is also important to choose money games for kids based on the fun factor. If a game doesn't provide basic fun, it is unlikely to hold your child's attention. Often, the best games are those that are so much fun that children do not realize they are learning at the same time.
While you can purchase these types of games, this is not your only option. You can also create your own games that are tailored to what you are trying to teach your children. You can typically find free resources for game creation online.