A Million Money Ideas
One of the first concepts young people learn is the value of money
in everyday life. From their first allowance to the entrepreneurship
of the lemonade stand, students learn how to plan, save, and spend.
CyberBee has been busy locating resources that will assist in teaching
and learning about money.
After your students have learned the basics about money, set up
some simulations for them to try. How would they plan for a Lemonade
Stand, a pet grooming business, or cookie store. Create teams and
let them think up their own names. You never know who will be the
next Donald Trump.
The Banking Kids Page
Crosswords, puzzles, and games teach younger children financial
literacy. For pre-teens, an interactive simulation allows them to
make an ATM transaction and checkbook entries. This is a good site
for teaching basic banking skills.
Change Maker is a game that helps the user to learn how to make
change. First select a difficulty level that ranges from easy to
super brain. Then select a currency. The choices are United States,
Canada, Mexico, United Kingdom and Australia. An amount of sale and
amount paid is provided. Images of the currency are shown and the
user selects how much of each currency would provide the correct
changes. Try the activity using different currencies. This is another
great offering from Fun Brain.
Chair the Fed
This exciting game lets you pretend that you are in charge of the nation's central bank. Have fun setting policies to keep employment up and inflation down.
The Change Game
Practice giving customers the c ng Moneyt
This game will help you practice counting money with fun activities.
Field trip to the Money Factory
Watch a video of a trip to the money factory to see and learn how money is made.
The Kids' Guide to Emergency Savings
published by Jose Abuyuan on September 13, 2020
Talking about money and savings are often reserved for grown up discussions. But even at an early age, it’s crucial to expose children to basic money management. Teaching kids how to budget and save may not seem very important when they’re young. However, as children grow, developing healthy financial habits can help them avoid toxic debt and other stressful money problems.
H.I.P. Pocket Change
Make your own change, learn how coins are made, and find out the
latest news from the U.S. Mint. H.I.P. Pocket Change is a fabulous
site for elementary students who are interested in beginning a coin
collection. Download lesson plans with lots of ideas for using the
50 State Quarters Program.
Jesse's Ice Cream Stand
Help Jesse manage an ice cream stand to make the most profits.
Select a game depending on the currency. Then, total the money and match it to the card. It's a fun way to teach kids how to count money..
Money Games for Kids
Learn how money works with a range of free interactive games and activities that kids will love. Teachers will find excellent activities and practice exercises related to coins, prices, spending money, shopping and more. Open a lemonade stand, start a coffee shop, count coins, run a farm and enjoy all kinds of fun online games that will help kids learn about money.
Practical Money Skills for Life
Practical Money Skills for Life is designed to help educators, parents,
and students practice better money management. Lesson plans are arranged
by grade level for easy access. Icons are used to identify the various
kinds of teaching materials for speedy retrieval. Over ten calculators
are on hand compute to car loans, mortgages, long term savings, retirement,
and more. Several games allow students to test their skills in money
management decisions. This site is a good starting point with its
wealth of resources for all ages.
Teaching Children About Money: Resources for Promoting Financial Literacy by Age
Basic financial literacy is an important and essential life skill. The promotion of financial knowledge and capability for youth is increasingly important as college graduates face an increase in student debt by 56%, and credit card debt by 74%. The increase of debt matched with a lack of formal or informal guidance on their future financial matters can leave younger generations vulnerable to financial instability.
The OECD’s 2015 study on students’ financial literacy showed that investments in financial literacy from a young age are necessary in providing students with the capacity to apply their financial knowledge and skills to real-life situations involving financial issues and decisions later in life.
Furthermore, the study highlights the major role parents play in transmitting financial values, habits, and skills to their children in tandem with the application of financial literacy studies in school and educational environments. Additionally, the study notes that a solid foundation of math and reading skills proved crucial for students navigating financial literacy, as well as valuable in their use of digital technologies in learning and navigating financial literacy.
U.S. Bureau of Engraving and Printing
Visit the U.S. Bureau of Engraving and Printing for
a fascinating look at currency. Choose from several lessons, including
of early currency, how notes are designed, or freedom symbols on
new bills. Print a color poster titled, Do You Know What’s
New About Your Money? Students will love exploring the newly designed
features of the $20 and $50 bills, creating their own note, detecting
a counterfeit bill, or playing a trivia game. Younger students can
put together a money puzzle, match the faces to notes, and identify
parts of currency. Don’t miss this cool government site.