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Updated 7/23: Thank you to each of you who contributed to our conversation here. What a lot of interesting thoughts on money. Congratulations to Shelley - comment #36, chosen by Random.org - the winner of the Flip camera giveaway.
Updated 7/23: Thank you to each of you who contributed to our conversation here. What a lot of interesting thoughts on money. Congratulations to Shelley - comment #36, chosen by Random.org - the winner of the Flip camera giveaway.
Today we are talking about money. money. money. We hope you enjoy some clever suggestions from our readers, a lively discussion about financial literacy, and a neat great giveaway opportunity!
Rachelle offers a free Coin Counting game with spinner in her math feature: It All Adds Up.
Coin Dominos, like these from Green Olives and Ham, are an interesting way to learn to identify coins and their values.
Superheroes and Princesses played the game Trading Coins inspired by The Penny Pot.
Chronicles of an Infant Bibliophile uses board games to teach concepts of money such as counting bills and making bids.
My Paper Pony used state quarters to inspire an interest in US geography and to create some fun etchings. The pdf for this activity is available for free in her post.
Quirky Momma has a suggestion for shining up your coins before counting them.
The Adventures of Bear shared a play based way of learning about and using money.
They also did activities using several different books about money.
As a classroom teacher it may be enough to teach kids to identify coins and count money. However, as parents we must go a step further and intentionally teach them concepts of managing their money as well as how to make wise desicions with their financial resources.
In collaboration with Disney, T. Rowe Price has created The Great Piggy Bank Adventure® as a valuable teaching resource for parents to use when talking to their children about saving and spending wisely. The Great Piggy Bank Adventure will offer lessons on four key financial themes: setting goals, saving and spending smartly, staying ahead of inflation, and diversifying your investments. They believe these lessons are more important than ever and desire to guide parents as they talk to their kids about good financial habits.
As parents and educators we would love to join the discussion on best practices for teaching financial literacy. In the comment section of this post we are hoping to facilitate a valuable conversation about our families, our money, and how we are preparing our children to manage finances.
Here are some questions for your consideration:
~Do you think it’s appropriate to discuss your family’s financial situation with your kids?
~If so, at what age should you talk to them about family finances?
~Was the topic of money “taboo” in your family growing up?
~If so, how have you overcome that “taboo” with your kids?
~At what age do you start introducing financial concepts such as saving and spending or inflation with your kids?
~What advice would you give to other parents trying to use every day moments to teach their kids about the importance of saving and spending wisely?
These are questions every parent deals with and the answers are important because they can determine how your child learns about key financial concepts that will impact their lives.
To encourage your participaiton in this discussion we are excited to offer a Disney Piggy Bank Adventure branded Flip camera giveaway. Each answer, reaction, or new question asked on topic that is left in the comment section between now and Tuesday July 19th will be counted as an entry into the giveaway.
We are looking forward to hearing from you!
Disclosure: The Great Piggy Bank Adventure-branded Flip camera and a gift card for this post's author have been provided courtesy of T. Rowe Price. T. Rowe Price is not involved in or responsible for the outcome of this giveaway. A specific comment is not required for entry into the Flip camera giveaway. If you would prefer not to comment email us to be entered. A winner will be selected from all entries after 10 pm est on July 19th, using random.org.
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