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Millionaire Kids Ezine, Issue #002 -- Kids Money Games
February 17, 2007
Some of The Best Kids Money Games Are FREE...Or About $2Some of the best kids money games are FREE...and a blast to play with the whole family...including the parents! Kids love to play games...and it helps them learn quickly and easily.
Now, you can play an educational kids money game without your kids rolling their eyes or yawning out of boredom.
So what are the best free kids money games out there?The game of Monopoly is an oldie but goodie that is one of the best kids money games to teach about buying real estate. You'll be amazed at what your kids will learn and how they'll become shrewd real estate investors.
Did you know that most millionaires regularly count their money? Of course, they don't count it physically...but they know exactly what their net worth is at all times.
You can find a used game of Monopoly for about $2 - either at a garage sale or a second hand store.
Or you could check Ebay. Either way, it's a great educational investment for your kids.
Some of the best kids money games that we play in our own family are actually home-made games.
And you can start playing some of these games with kids as young as 2 years old!
Here's a list of some of our favorite kids money games for all ages:Old Fashioned Store: This is a game everyone enjoys - young and old. Set up store items to buy and either use monopoly or real money to buy the items
Price is Right: This game is a great kids money game to teach how much things cost. Be creative and use costs of cars, oil changes, shampoos, toilet paper, tuition, houses, apartment rent, etc.
Crossword Puzzles: Make your own crossword puzzle to have fun while you're learning new financial terms. You can make age appropriate puzzles according to your kids ages.
Word Finds: This kids money game is especially popular with young children who have a harder time with crossword puzzles
Stock Investing Game: There are tons of virtual stock games for kids to try out their skills in picking out individual stocks and seeing whether they make or lose money.
3 rules to follow: Look for stocks with a P/E ratio of 15 or less, look for a rise in the stock for the past 3 months, and the price of the stock shouldn't be larger than $35. Good luck!
Quiz Bowl: Make up money questions and have your own quiz bowl. Have three questions between two family members - the winner goes to the final. Have three questions for the next two family members...or if you have an odd number of family members, one member will have to go twice. Make sure you have two extra questions for tie breakers. This is a really fun game to play for all ages!
Spelling Bee: Have a spelling bee for money terms such as asset, stock, mutual fund, IRA, debt, credit card, want, need, checking account, liability, appreciation, depreciation, millionaire, generous, etc. Nothing like learning while you're competing!
Jeopardy: Tweens and teens especially love this game. Make up answers for money issues and go to it.
Money Hunt: Write money terms on small pieces of paper and put in plastic eggs. Hide around the house or yard for your kids to find. Don't forget to put a dollar or two in the "millionaire egg" as a reward.
So have a little fun...spend some quality time with your kids...and enjoy the best kids money games that will help them be the next Oprah...or Donald Trump!
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