Nine Ultimate Financial Literacy Games for Kids by Age

Let’s face it: learning about money matters is not an exciting activity for a child. No wonder most kids are poorly equipped and unsure of their personal finance capabilities. This is evident from the fact that more than 66% of parents are not highly confident in their child’s financial literacy skills. Therefore, we must provide our children with opportunities and tools to impart essential money management skills from an appropriate age. Financial Literacy games, apps and interactive tools are essential in that endeavour. Luckily, we have many such resources available for each age group. These games make learning about money fun while imparting helpful life skills to our children. Here is the list of nine online financial literacy games. Let the games begin.

Financial Literacy Games for Kindergarteners

We can start with basic concepts related to money and currencies with young kids. Our article on teaching money to first graders covers multiple activities that can help them learn about money. Given below are some financial literacy games that you can employ for your young ones:

• Peter Pig’s Money Counter includes three fun games that help children count coins. The games include virtual coin sorting in different jars, calculating total change on hand, and comparing the total value of different groups of coins. Once your child completes the games, they can either save the denomination earned or use it to buy items on the virtual store.
• Math Jam: This game by US Mint helps develop essential mathematical skills for children. By helping children of this age learn and practice essential skills of addition, subtraction, multiplication and division, this game gets them ready for the future. Ultimately, your child can play virtual basketball depending on the number of correct answers presented.

Financial Literacy Games for Primary and Middle School Students

• Financial Soccer or Financial Football: Combining financial literacy lessons with sports, these games from Visa enable children of varied ages grasp essential money management skills. As your child plays the virtual game, they will be quizzed on financial education concepts.
• Lights, Camera and Budget: This game allows your child to act like a big-shot movie producer. The gameplay will give them a set budget and multiple options. As they navigate pre-production, production and release, they will answer personal finance questions and produce a blockbuster movie.
• Hit the Road: This road-trip-inspired game takes your child on a road trip from Washington, D.C., to Colorado with their friends. Over the course of the virtual road trip, your child and their friends will earn money, balance their budget and spending, make decisions and have fun, all while learning essential money management skills.
• Payoff: Another game from Visa that puts your child in the role of an up-and-coming Youtuber. The gameplay involves getting on a journey to create a short video while handling surprises and unexpected events. The game will facilitate decision-making skills while imparting money management skills.

High School Students

Financial Literacy games for teenagers and high school students build on the principles learned earlier.

• Claim Your Future: This game encourages your child to think about their future. Through this game, children can explore future career avenues, financial stability, and the consequences of long-term debt, such as student loans.
• Misadventures in Money Management: Through a graphic-novel theme and relatable characters, this game intends to educate teens on topics like budgeting, credit cards and debt etc.
• Stock Market Game: Investing is critical to financial prosperity. This game takes your child through an investing journey over a 5-year simulation. Children will learn important concepts like diversification, asset categories, and long-term investing through this game.
• In addition, the games shared above, such as Financial Football, Financial Soccer and Lights, Camera and Budget, also have advanced gameplay for teenagers and young adults.

Conclusion

In a world where financial literacy is a cornerstone of success, these games emerge as powerful tools for parents. By infusing learning with excitement, they not only bridge the confidence gap but also instill essential money management skills in our children. Let our children embark on a journey toward financial empowerment!

If you have a missed recommendation, please let us know in the comments below. Share this with other parents looking to kick-start their child’s financial education journey. Let the games begin.