Great board games are fun, engaging and can be wonderful learning tools! Here we share 6 of the top rated board games that teach money skills to young children.
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We start our list of board games that teach money skills to kids with Cashflow for Kids. This game was developed by Robert Kiyosaki, author of the #1 selling personal finance book of all time, Rich Dad Poor Dad. He considers the game the realization of his vision for an interactive tool for financial education for children.
This highly engaging board game simulates real life situations and financial strategies in ways that both children and adults love. Through this game, your kids/students will gain insight into how money and investing work.
The Allowance Game is an involving, skill-building game where players race around the board while doing “chores” to earn their “allowance”. After earning money, they can then spend it on things they want or save it.
This game is wonderful for teaching kids how to to identify money values. As children play, they learn to make change, handle money and more.
As the name suggests, Money Bags – A Crazy Coin Counting Game offers a fun way to teach children money-counting and combining skills.
The object of this game is to earn money while winding along a cartoon path. Money is earned by landing on “chore” square, labeled with a practical task, such as setting the table or an entrepreneurial endeavor such as opening a lemonade stand.
To collect money, the spinner determines which coins can or cannot be used, an excellent element to the game that encourages problem-solving and critical thinking.
4) Exact Change
Exact Change is similar to UNO in that the goal of the game is to play all of your cards first. You can discard cards by matching the color of the last card, its value, ($1.00 on $1.00, etc.), or by making EXACT CHANGE.
For example, if the last card played was a quarter, and you had two dime cards and a nickel card, you would be able to combine and discard all three of them at once!
This game is among the best board games that teach money skills to young kids.
5) Pay Day
Pay Day is a simple but fun game. Kids will learn how to get from payday to the end of the month. The object of the game is simple: have the most money at the end of the game!
Each square on the board has an event such as receiving mail (insurance offers, bills, etc.) or buying a deal (property). Players will learn how to save and may only start or add to their savings on pay day.
This classic game is great for social interaction. It can also be very quick as games can last as little as 15 minutes.
Our final game in our list of the best board games that teach money skills is ThriveTime for Teens, which can give teens a real look at finances.
During the course of the game, players have to navigate major life decisions such as paying for college, deciding whether to utilize credit cards, starting a business, investing and more. This game even gives teens the option to give back financially to the community.
Other Great Board Games to Teach Money Skills?
I hope you will try some of these games with your children and/or students!
Have you downloaded our huge list of 112 teacher freebies yet? Among the freebies are some great games you can download and print for free! If you know of any other great board games that teach money skills to children or would like to comment on the games above, please leave your comments below!