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As parents, it’s our jobs to raise our kids up right, making sure they are smart and well rounded, respectable human beings. We want our kids to learn about money, so they don’t make the same mistakes that we did.
[Related] How to explain finances to a 5 year old
And we definitely don’t want them to grow up with the wrong ideas about money and budgeting.
But, we also want them to remain kids and not grow up too quickly. Toys are a great way to do both. These Amazon toys will help kids learn about money when they don’t even realize it.
These toys also make for a great birthday or Christmas present! *Hint to anyone trying to buy for my kid, ha!
Toys:
Playing farmers market, helps a kid to learn the cash register and pricing/selling of items. It also encourages a healthy appetite with the fake produce.
Wooden toys are usually much more durable than plastic. This cute register is also very gender neutral.
I love that this is portable and all the pieces can be stored inside the briefcase. I personally like it when my kid’s toys can be easily organized and put away. Not like it ever happens, but I feel better about myself for putting that thought into their purchases.
This one encourages their creativity. I love how kids can be so creative and find a way to make anything come to life or make anything into a game.
Board Games:
Players collect, count, and exchange money all the way to the finish line, good for ages 7+. What I really like about this game is that it uses coin amounts, so it sets a realistic visual for kids who have no idea what a $100 bill looks like.
This is like a board game version of grocery shopping. Possibly the next step up from playing with toy cash registers. There’s even a calculator to keep track!
Created by Dave Ramsey, This kit isn’t so much a game, but it is really cool. It teaches kids about money through earning, saving and spending. There’s a chore chart where your kid can earn commissions too. I’ve heard its as good for kids as the Financial Peace University is for adults.
I feel like of all the toys I’ve shown, this board game is the less educational one, and more geared towards fun. That being said, it does look like a lot of fun!
Books:
Dr. Seuss is a great author of many children’s books. He has such a way with making things not seem educational, and then you look back at his work as an adult and you realize you learned something from his books. His crazy made-up words actually leave an imprint upon you as you grow, so why not get a book all about money?
I’ve never read this one, but it is in my Amazon Wishlist right now.
Counting books are educational on their own, add in money and you have a double-win for parents everywhere. With any luck it can get your kid to stop calling the nickel a quarter. (Or is that just my kid?)
After you have your child understanding money and putting a value to it- it’s so much easier for them to get a job. Check out this post with