- Article: "Making Money"
This article introduces kids to the basic concepts of earning one’s own money, including practical ideas and a discussion of responsibility.
- "Be Your Own Boss"
With this interactive story, kids can choose one of three businesses to take from idea to successful enterprise, with lots of important decisions along the way.
- "Mad Money" Game
This fun, interactive game will get kids thinking about earning money, saving up for larger purchases, and making wise spending choices.
- IML Journal Page: "Making Money"
These pages, designed for easy printing, encourage children to express themselves on the topic and can complement home or classroom discussion.
- "Making Money" Word Search
This printable puzzle is a fun way to learn about various terms associated with kids and earning money.
- "Making Money" Quiz
This quick quiz helps kids review and think about key related issues.
Lesson Plans:
These lessons, created by educators, are designed to help teachers integrate the It's My Life Web site, and its treatment of this topic, into the classroom.
Quick Discussion Guide:
Questions and suggestions for discussing this topic with your child.
Related Resources:
Books
Dollars & Sense For Kids
by Janet Bodnar
This book aimed at parents gives advice on choosing an allowance, considering pay-for-chores, dealing with advertising, distinguishing wants from needs, answering questions on family finances, budgeting, and saving.
Kids Allowances – How Much, How Often & How Come, A Guide for Parents
by David McCurrach
Hundreds of parents share their allowance decisions and author David McCurrach gives his own recommendations. There’s also an accompanying Allowance Workbook for parents and kids that can be customized to reflect your family’s needs and values.
Money Doesn’t Grow on Trees: A Parents Guide to Raising Financially Responsible Children
by Neale S. Godfrey and Carolina Edwards
This guide shows parents how to determine whether their child is a spender or a saver, and how to use allowance to teach financial principles. It also gives advice on how to teach children about earning, saving, investing, and spending.
Please also see Books for Kids.
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