Financial Education Activities For Children
In the past, financial education activities for children were not given as much attention , but today these activities have taken on more importance. This ability allows them to be able to have good money management in the future and in their professional life.
This is why we want to tell you that children who learn this skill will have the ease of knowing how to save and manage their money as they grow up. This will cause them to have a healthy relationship with money. In addition, they can learn with easy and recreational activities, but it will be up to the parents to be willing to teach, since this knowledge is not taught in school.
Do not wait any longer and organize your time so that your children can undertake this great activity, either with games or even with activities made by yourself.
Tips for conducting financial education activities for children
Different activities can be carried out to practice financial education with children, but some are more effective than others. Some of the most recommended can be to play to start a business or a store with play money, so that children can learn to identify and manage money in an easy and playful way.
Another option that we can put into practice, although it is a bit difficult, is to let the children pay when they buy something. Although this may be a better option once you have already acquired some financial knowledge.
1. Monopoly
Playing Monopoly is educational, practical, and fun. Also, one of the best lessons you can learn from this game is planning ahead of spending. That is, before spending, they learn to define a strategy. It is easy to start playing it, always remembering that, in Monopoly, the one who has a thrifty strategy is the one who wins.
2. Mini garage sale
It is essential that children learn not to cling to things so that they can have a healthier connection with money. That is why the best thing to do for vacations or free time is to organize a mini garage sale where children can participate.
The idea is that the little ones identify the objects or toys that they still use and which ones they don’t. After selecting them, it is important to help children sell undamaged toys so that they can save their money.
Teaching children not to cling to material is extremely important. This will help them to have better control of saving and connection with money from a young age.
3. Discover your talents as one of the possible financial education activities for children
The important thing is to teach children that the purpose of work is not to work for money, but for their dreams or talents. Most parents teach their children to work for a good position, which, on many occasions, they are not passionate about. The point is that, in the long run, they will not be happy in what they do.
If the kids are good and they like sales, then they can sell lemonade or anything else that will boost their self-esteem. If you are good at plays, then you can organize a family play in which each member of the family can contribute something for your little event.
4. The investment game
Spending time with children is vital if we want to teach easy and practical strategies for them to learn to save . One of the best practices is to give your children a small amount of money (whatever you think is best) a week. Then, they must manage money wisely, but always under the advice of parents. During the process, it is important to motivate them to reach a certain amount.
The next step after saving is to teach them to invest in what they consider best, as long as there is some benefit that helps them recover and earn a little more money than they invested. An idea to make a small investment can be to look for activities in which they are best developed or, even, with some of the activities mentioned above.
Knowing how to save money is important, especially when we teach it to our children. So, do not hesitate to take the initiative with these financial education activities for children if you want them to learn something extremely fundamental for their future.
