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Game for Kids With Buying and Trading

Americans are relying more on credit cards than they did in the past four years, according to "USA Today." This move toward greater consumer borrowing impacts the financial success of many families. Children are impacted by financial decisions their parents make, such as accumulating more debt, often following in the financial footsteps modeled by their parents. However, financial games help children learn better financial principles and avoid debt pitfalls when they buy or trade.
  1. Monopoly Junior

    • The Monopoly Junior board game by Hasbro challenges your kids to use their money for financial gain instead of pleasure. Your child learns that, if he buys two similar type properties, he earns double the revenue than he would have by only owning one property. Trading another property to acquire his second similar-type property would also be a smart move, since it would help him get the double revenue that way, too. The game objective is to be the one with the most money when the game ends, which teaches him not to be a spendthrift with each roll of his dice.

    The Game of Life

    • Children who are in second grade or above are able to play The Game of Life by Milton Bradley. Your child will experience buying stocks,and the potential windfall that sometimes occurs as a result. The game also teaches about buying insurance to limit potential financial risks. It also provides children with a good overall view of how life's adversities impact future buying and trading capabilities.

    Money Matters

    • Children aged seven and up can learn about buying and trading in Larry Burkett's Money Matters board game. The game involves players assuming a role in a fictitious town. Each job comes with a designated salary, along with personal and professional expenditures relative to that person or character. Your child is introduced to buying, making payments, receiving payments and incurring expenses.

    Rich Kid Smart Kid

    • This online game tool provides your child with opportunities to learn about financial matters electronically. Children are taught about buying items as small as an ice cream. The games teaches the difference between working for items children buy versus going into debt for them. It also shows how to make money work for people. The focus in the Rich Kid Smart Kid online game is trading in old mindsets about only working for your money and embracing working for your money as well as making your money work for you.


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