- Article: "Managing Money"
This article introduces kids to the basic concepts of money management, budgeting, saving, and spending, and offers tools and tips for creating a realistic, practical system for dealing with money.
- "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: "Managing Money"
These pages, designed for easy printing, encourage children to express themselves on the topic and can complement home or classroom discussion.
- "Managing Money" Crossword
This printable puzzle is a fun way to learn about various terms associated with money management.
- Print out the Budget Sheet and Monthly Spending Journal pages to complete with your child.
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.
E-mail this page to a friend
