Susie in CA Posted April 30, 2008 Posted April 30, 2008 Hi Everyone, I am looking for ways to learn about money. My boys are 7 and 9. They know the value of coins and bills mathematically speaking. I'd like to incorporate something that gets a bit more into where money comes from, how you earn money, how much things cost etc. I know, this is mostly real life stuff but I was hoping some you have some concrete ideas and/or book and game suggestions. Can you tell we are having issues here? Susie Quote
farmnwife Posted April 30, 2008 Posted April 30, 2008 We have Presto Change O. We bought it just for this reason. I think it is pretty good. Quote
Lori D. Posted April 30, 2008 Posted April 30, 2008 For practicing with money: Collect up your recycling (milk jugs, cereal boxes, cans, etc.) and set them up like a store; label each item in the way you want to practice making change (for example, if you just want to practice without pennies, make sure the "cost" of each item ends in a 5 or a 0. Or if you just want to practice with paper money, price each item accordingly. Take turns being shoppers or the cashier, and use real money. My boys loved doing this! We even made a little shopping cart out of an erector set type of toy they had. Fun! Money Games involving making change (bills): - Monopoly - Life - Pay Day - Go For Broke - Presto Chango Book involving making change (coins): - Coin Count-y (A Bank in a Book) (for grades preK-4th grade; at Rainbow Resource; Item#: 037217; $8.50) Money Games involving real life/budgeting: - Pay Day - The Budget Game (for grades 4-12; at Rainbow Resource; Item#: 019869; $18.75) Book on Money Managing: - Money Matters for Kids (Burkett) -- from a Christian perspective - Budgeting (Money and Me series) (Moose) -- out of print; used at amazon.com Book on Money (history, games, budgeting, allowances, temptations to spend, investments, etc.): - The Everything Kids' Money Book: From Saving to Spending to Investing - Learn All About Money! (Everything Kids Series) (Mayr) - Raising Money Smart Kids: What They Need to Know about Money and How to Tell Them ( Bodnar) - Money Sense for Kids (Harman) -- grades 4-7 Quote
clwcain Posted April 30, 2008 Posted April 30, 2008 My wife found the CashFlow for Kids game that Rob Kiyosaki puts out at a homeschool curriculum sale for $2.50 (it is normally $50). We haven't tried it, yet, but that is one of the available resources. I'm generally not a fan of Kiyosaki, for a variety of reasons, but the game looks both solid and fun, provided you can find it on the cheap. Monopoly has its strengths, too, and there was a video on CNN the other day interviewing Kiyosaki about how he used Monopoly to learn some of the Financial Facts of Life. I know Dave Ramsey has a whole passel of books, most should be available through the library due to his current popularity, aimed at teaching kids fiscal responsibility. And, it might be a bit "above" them, but the Wall Street Journal puts out some very colorful illustrated guides that explain the basics of money, credit instruments, etc. I'm not sure if they're still in print, but they were of great help to me as a youth and young man. I see Amazon has lots of used copies for pennies. The three that I own are listed below; The Wall Street Journal Guide to _ Money & Investing Personal Finance Planning for Your Financial Future They also have one on Taxes, but I do not own that one and I cannot offer advice on it. I hope that helps. :001_smile: Quote
Mallory Posted April 30, 2008 Posted April 30, 2008 4-H has some great money and economic program books, even entreprenuership. We haven't actually used them (but I think they look good), but most 4-H program books are a great mix of worksheet (cross word, fill in the blanks, ect), research (find a book about this), and hands on or field trip ideas. Here is the 4-H website http://www.4-hcurriculum.org/AtoZ.aspx Look under Financial or Consumer (or Entrepreneurship). And if you really decide to get this it might be cheaper to get at your local extension office. Most books cost $3 here, but in some states it is less or even free, I believe. Even if you don't buy it there are extra ideas in the left hand menu, under projects online, then under Consumer Savvy. Even just searching for the title of the book you are interested in and 4-H can bring up lots of good pages with great links and ideas. Quote
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