Make sure your child becomes financially literate and prepared for their future personal and professional lives. Engage them with real-world financial experience with our personal budgeting game or stock market game, or both! As the student progresses through the game, they compete for rankings, earn badges, and ultimately receive certifications.
Very few schools teach financial literacy lessons to kids, and if they do, it’s minimal and doesn’t cover the information they truly need to thrive. Moreover, according to a recent survey by debt.com, almost 45% of parents avoid having money conversations until it’s too late, if at all.
While it’s safe to say all parents want their kids to do better than they have done, not talking about finances can result in bad decisions that take years to clean up. Cosigning on a friend’s loan or opening too many credit cards are naive money management choices that will leave a black mark on their credit score for years.
Let’s face it – we’ve all made horrible decisions in our late teens and early twenties that we don’t want following us into our 30s, right? We don’t want that for our kids, so it’s essential to give them the information and tools they need to make wise choices – whether with money, friends, dating, or anything else.
Financial literacy skills are crucial for success in our children’s future personal and professional lives. Yet, these important skills aren’t at the forefront of learning at many schools across
As parents and caregivers, we can be reactive and push for personal finance and economics curriculum in schools. Or we can be proactive and also fill in education gaps at home by weaving in financial learning into our kids’ everyday lives.
Adults must earn money to provide for their needs and wants. In our program children learn that money is earned and does not come free. Children also learn that money is limited in quantity. Early training in earning small amounts of money provides a foundation and understanding that work and money are connected.
Young children perform certain tasks at home just because they are part of the family or household. Children can do additional tasks to earn money for their spending plans. Children need to distinguish between shared responsibilities as members of a family and responsibilities that earn them money. The program introduces young children to activities and ideas for earning money.
The money earned helps children meet their financial goals. Remember that the financial goals for a preschool-aged child may seem simple to an adult, but they are not simple to the child. Children learn the concept that money is a reward for working.