Kids Learn Money Through Games:
A financial literacy guidance

It might be surprising to know that money is not always an intuitive concept for kids. And sometimes for adults as well. Kids know that their puppy eyes get them an ice-cream or a Lego set, but they hardly notice that the actual sacrifice is more than just making puppy eyes. Parents must work hard to satisfy the family’s needs. Parents want to teach their kids to be responsible with money, so that they build good money habits for their whole life.

Crucial factors to guide kids learn money

Many families have thought about supporting their kids to learn the value of money, but few have a long-term plan that works. The problem that most families face is that parents do not have energy for everything. We need to work, manage households, maintain social life, and besides that we must take care of the education of kids: science, literacy, sports, and social values. It is simply not enough time for everything. Therefore, it is important to guide kids in a way that they are self-motivated to learn the value of money.

Moreover, we don’t want kids to think that money is everything, so they chase after money; on the other hand, we certainly don’t want them to believe that money grows on trees, so they spend irresponsibly. Where do we draw the line?

Kids best learn by doing and playing. However, it is increasingly difficult to attract a kid’s attention for knowledge next to distractions that are available at a finger tip using digital equipment. Hence in the digital age, the five superpowers of learning are 1) Tell a story 2) Play a game 3) Make it social 4) Make it immersive 5) Make it mobile.

It is crucial that we engage in multiple of these five powers to help kids to build up financial competencies. Below are four suggestions that utilize these powers.

Ways to guide kids learn money

Fintune Mara

Bedtime stories

A traditional and sweet way is to read bedtime stories. For financial literacy, Dr. Mara Harvey has published a series of stories to teach kids the value of money. Marty, the main character of the story, is going through many adventures. Marty learns that money is not about power, competition and greed. These books in rhyme form are first of all an excellent example how kids learn about money while going to sleep and second a good alternative to classic fairy tales.

Old fashion piggy bank

An old fashioned piggy bank is one of the options. It is intuitive and easy to to get. The problem with the digital generations is that it is hard to keep kids entertained with a porcelain statue.


Do it yourself

The most ideal way would be for parents to teach kids the value of money themselves, as it also creates a good atmosphere for the family. The blog of Finanzkidz (in German only) contains multiple tips of how parents can engage with kids to build up financial competencies.

This approach is great, but comes with a challenge: We as parents are always busy. So it is hard to make the tips a habit in the family. Hence, in many cases the good intentions get lost in other tasks in the daily family life.

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Game-based learning in digital times

Hence what we from Fintune have done is to build upon the do-it-yourself experience but bring it to the digital age. Like we have fitness apps that remind us to do our daily steps or go to the gym, the Finny apps track the financial literacy level of kids and remind parents to shape good money habits.

Moreover, the Finny kids app is all about game-based learning. Finny, our digital piggy bank, is the kids companion that explores financial literacy in one of four virtual environments. Kids learn the value of money by savnig money for goals and see all the money they have (digital and in cash). Moreover, these apps lets kids run chores to earn more pocket money, and challenge themselves with financial games, collect points, and win rewards.

It is all available with us by Fintune. Finally we are more than happy to welcome you explore our website, to know more about our products, or just to read more articles about financial literacy for kids: