This weekend, something just blew my mind. It is amazing how kids evolve and discover new items. As there is a connection link with finance, I thought to share it with you.
We are regular players of Frozen Monopoly at home. It is a simplified version of Monopoly with Frozen characters. That is what attracts my daughters the most. I like to play with them as it teaches them a lot of things like
- read the numbers on a dice and count to move the character forward
- patience: you can not play until it is your turn
- respect for the rules: you can not do what you want
- stay focused: when someone is on your ground, they need to pay
- learn to loose
- learn that you need to work (pass by start) to get money. With no money, it is game over.
This weekend the oldest asked if she could draw on the money extra numbers. At first I was hesitating. Yet she convinced me.
What happened: we now have not only notes of 1, we also have notes of 2, 3, 4 and 5. SO what?
Well, when we now play, you can pay 4 with one note, or make the game more interesting and pay 5 when you only need to pay 3. The other now needs to return 2. A small step for us. It seems to be a giant leap for the our children.
After the banking crisis, this is the second time a finance related subject surprise me.
How do you teach your kids about money? Anything special you noticed? Can you apply some of this to a godchild?