Online Games that encourage Financial Literacy

In today’s ever-changing world, we have realised the importance of financial literacy for children and teens.

But how do we introduce financial concepts without it sounding like that boring accountancy teacher you had in high school?

Financial games

Learning through play is still the best way to engage children and help them to learn in a fun, less rigid manner.
So it makes sense to introduce age-appropriate online money and finance-related games to your children.
Here is a list of some great  games that I recently discovered that focus on finances, money, and entrepreneurs skills

1. Cash back

Cash Back is a game where players give customers the correct change using bills and coins.

2. Grocery Cashier

Grocery Cashier is a game where younger children can practice addition and subtraction along with monetary familiarity by operating a virtual cash register.

3. Treze coins

Treze Coins is a simple money addition game where children add together coins to deposit into a gumball machine.

4. Idle Money Tree

Idle Money Tree aims to answer the question “does money grow on trees?” in a way that will satisfy curious children.

5. Supermarket Numbers

Supermarket Numbers is an arithmetic practice game

6. Kingdom Wars

Kingdoms Wars is a virtual board game which was inspired by Monopoly

What do Children learn when they play games online

As children play these fun and engaging online games they not only learn the correct terminology when speaking about money and finances but they also learn to problem-solve and find solutions to real-life problems.

They learn concepts like:

  • Number names
  • counting
  • currency
  • addition
  • subtraction
  • multiplication
  • division
  • fractions
  • entrepreneurial skills
  • tax concepts
  • the importance of saving
  • needs and wants
  • how to pay for things
  • how to give change
  • the value of money
  • where the money comes from
  • the value of money

How to supplement online learning

The best way to supplement children learning of financial literacy online is to let them see money in practice in the real world.

Some great examples are:

  • Let your child earn their own money through chores or as they are older part-time jobs
  • teach them to divide their money into savings and spending
  • teach them about needs and wants
  • encourage them to save for big-ticket items
  • take them shopping with you or include them when you pay for items
  • teach them to use a budget
  • open up a bank account when they are young
  • give them the opportunity to swipe a bank card, pay for items, or as teens complete an online transaction
  • encourage them to take part in entrepreneurial markets
  • let them know how taxes work

Financial literacy is something I wish was a bigger focus when i was growing up and is a life skill I personally believe everyone needs.


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