Children don’t automatically become expert financiers as soon as they learn to read and count; in fact, many children don’t learn the true value of a dollar until they’re out on their own. Learning money management skills early in life is extremely beneficial, as it teaches children from an early age how to be responsible with cash in their pockets. Games can help make the process both educational and fun, and these are some of the best games for teaching kids the value of a dollar.
Payday
This fun classic board game plays out on a format that’s designed to imitate a calendar. As the players move from start to finish, they encounter both gains and losses in their own personal finances. Kids might win the lottery or receive a work bonus on one turn, only to run into unexpected expenses moments later. This teaches kids to make smart decisions with their money and to plan for the uncertainty of the future; these skills will go a long way in their lives.
