We can help your school aged child develop both at home and at school. Find suggestions about teaching responsibility, fostering self esteem and following instructions. Get advice on health and safety issues, as well as finding a pediatrician. Looking for fun and educational activities to do with your kindergartner? Check out our suggestions, including playdough fun, and outdoor learning.
Activities for teaching your child about money
Below are some activities to help teach your child about money.
How many ways can you make 10 cents, 25 cents, 30 cents, 40 cents, or 50 cents? You can help your child add the coins in various ways to get different answers.
Coin games help children to learn the value of coins. They also teach counting, addition, subtraction, and multiplication. Coupons can help teach children money management, as well as subtraction and percentages.
Games like monopoly junior are also good for teaching children about money.
Source: U.S Department of Education
Store play
One of the best ways to teach children about money is to set up a store and play shopping.
What you need
- You can use real money, play money or even money your child has made.
- Toy cash registers are a great learning toy, but you can just as well use a shoe box to hold the money.
- Low tables or chairs to put the 'products on'
- Household items to sell
- Pencils and paper
What to do
- Give your child a pocket book or purse to keep money in.
- The possibilities for the type of store are endless - grocery, shoe, toy, book etc.
- Use low tables, chairs and boxes to set up shop. Make pricing labels together.
- Take turns at being the cashier and the customer - model counting out money, giving change, adding up etc.
Money Games
What you'll need
Coins, grocery store coupons, and a pencilWhat to do
Coin clues.- Ask your child to gather some change in his or her hand without looking at what it is.
- For young children, you can start with pennies and nickels.
- Ask your child to tell you how much money and how many coins there are.
- Take turns at guessing which coins are being held. For example, "I have 10 cents and 2 coins. What coins do I have?" (2 nickels).
- Cut out grocery store coupons and tell how much money is saved with coins.
- For example, if you save 20 cents on detergent, say 2 dimes.
- Ask your child what could be purchased using the savings from the coupon. A pack of gum? A pencil?
- How much money could be saved with 3, 4, or 5 coupons?
- How could that money be counted out in coins and bills?
- What could be purchased with those savings? A pack of notebook paper? A magazine?
- How much money could be saved with coupons for a week's worth of groceries?
- How would that money be counted out? What could be purchased with those savings? A book? A movie ticket?
How many ways can you make 10 cents, 25 cents, 30 cents, 40 cents, or 50 cents? You can help your child add the coins in various ways to get different answers.
Coin games help children to learn the value of coins. They also teach counting, addition, subtraction, and multiplication. Coupons can help teach children money management, as well as subtraction and percentages.
Games like monopoly junior are also good for teaching children about money.
Source: U.S Department of Education
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