Fun Financial Literacy Games for Kids Can Change Lives

If you want to teach kids about financial literacy through games, you’ve come to the right place. We offer professional-grade financial education for people of all ages and backgrounds. Look at our diverse resources and you’re sure to find what you’re looking for.

The NFEC is an independent facilitator of financial education. As such, we remain focused on the goal of providing the most impactful financial literacy support and tools available worldwide. Our Certified instructors build personal connections with students. We offer financial education games for kids and adults.

Have a Dramatic Impact with Financial Education Games for Kids and Adults

Here’s how our fun and engaging financial literacy games for kids can teach them money management skills that will change their entire lives.
Edward, a retired school bus driver, wanted to make a difference in kids’ lives by teaching them about personal finance through games, but he didn’t have any teaching experience.

He wanted to focus on lower-middle class kids from ages 8 to 11. He knew there was a need because the school system did not include financial education at any level.

He knew putting together a quality program would be a detailed undertaking and he needed guidance and he wanted to get it from outside the school system on how to lead the classes and engage students with interactive financial literacy games. Asking his colleagues and friends revealed a lead to check out the National Financial Educator’s Council. This turned out to be exactly what he needed.

Decisive Financial Literacy Games for Kids Styles

Integration of Financial Literacy Games for Kids Policies

Depth of Knowledge from Financial Education Games for Kids

The NFEC guided Edward to start by defining the learning outcomes he wanted to achieve with his financial literacy games for kids program. He wanted them to go beyond the ability to reproduce the material, and gain the ability to understand the skills and concepts they would need later in life. Since his program was presented outside of the school system, he had limited time and would settle for giving them the ability to recall the information. It would be a good start.

How to Deliver Financial Education Games for Kids

Now that Edward was clear on the depth of knowledge his program would provide, he focused on how to deliver the material. It would be an after-school program in a classroom setting, so live instruction would have the most impact on these kids. The program would be based on a timeline in order to keep the students progressing in their knowledge at a healthy rate.

Financial Literacy Education Game Subjects

Edward now considered what subjects his financial literacy games for kids would focus on. These young kids typically did not have any exposure to personal financial ideas, so they needed a strong foundation upon which they could build for the rest of their lives. They needed to know how to earn and save. Narrowing the focus down to these two topics would allow the program to reach its goals in the limited time Edward had to work with.

A Custom Curriculum to Teach Kids Financial Literacy through Games

Edward wanted to custom-build his financial literacy lesson plans. First and foremost, it needed to consist of fun and engaging financial education games for kids of the target age group. To help withstand scrutiny, it needed to meet core financial education standards. He also wanted the course material to be designed around learning principles that were based on evidence. The scaffolding would also be important to guide the young students along an established, measurable path of learning.

Design of Financial Literacy Games for Kids Performance Measures

Structures for Financial Literacy Games for Kids Outcomes

A Qualified Educator to Present Financial Education Games to Kids

Now Edward needed to find the right educator to present his kids’ finance course. Thanks to the NFEC, he found a Certified Financial Education Instructor (financial literacy teacher certification) who fit the bill perfectly. With many years of experience teaching youngsters about personal finance through games, she was adept at connecting with them on their level and guiding them to learn through games. Edward was thrilled to find the perfect person who would be able to help the kids and withstand the scrutiny his program would be subject to.

Results of Financial Literacy Games for Kids

Edward couldn’t believe the results. Of the 23 kids who signed up for his program, 19 of them completed it successfully. 82% success was very encouraging for his pilot program. The kids loved the financial education games. They wanted to play more and even wanted to get their parents involved.

Edward poured over the data and put a report together highlighting the obvious success. He wanted to use the report for funding and expansion support for his financial education games for kids program.

Next Steps in Teaching Youngsters Financial Literacy through Games

Edward presented awards of completion to the kids at a ceremony attended by all the parents. The families also received a financial education pdf with resources for kids and adults to further their education.

The tangible excitement permeated the room and he realized that this was the inception of his life’s pursuit. Now his biggest dilemma was to decide the direction of expansion, but he knew the NFEC would give him the direction he would need.

It’s never been more important for young people to receive a solid financial education. But cultivating personal finance skills in children takes a special touch. Programs that rely on lectures or dry reading material are unlikely to succeed in getting the message across to kids. The National Financial Educators Council (NFEC) takes a different approach. This independent organization has designed financial literacy games for kids that show how money management works in the real world.

The NFEC is dedicated to improving the financial competencies of the global community, including promoting financial literacy for kids. Raising money-smart kids is critical given the challenges children are likely to face by the time they grow up: a $40 trillion real national debt and a bankrupt Social Security system are just a couple of examples.

But the NFEC believes teaching kids to become money-savvy shouldn’t be boring. By using practical, hands-on learning strategies, the NFEC children’s curriculum imparts money skills in a nurturing environment where kids can grow. While meeting core educational standards, this program stays fun and engaging so children are never tempted to tune out. Studies of learning theory suggest that when teaching financial literacy for kids, games and activities really drive the lessons home and help ensure that kids pick up positive money habits for life.

Resources are available through the NFEC that can help parents, schools, and nonprofit groups initiate efforts to raise money-smart kids. The organization can even help with fundraising to support such efforts, pointing people toward financial literacy grants that can get an initiative underway. Collaboration with the NFEC can open up a lot of opportunities such as networking, mentorships, building a volunteer base, attracting media attention, and creating goodwill in the community.

Those interested in becoming involved in the financial literacy movement and helping raise money-smart kids can browse the available resources and options at www.FinancialEducatorsCouncil.org.

 

Financial Literacy Games for Kids Provide Innovative Instruction

Today’s youth want to learn how to handle money appropriately. Yet the traditional approach to financial education has been lecture format—hardly the best way to keep kids involved and engaged. The National Financial Educators Council takes a different tack. This independent organization teaches practical money skills using financial literacy games for kids.

A great example of a personal finance game that appears in the NFEC’s youth curricula is the Real Money Experience (RMX). This game can be presented in a classroom, at an event, or as an online resource. RMX is set up as a series of experiences where young people practice making real-life decisions. For instance, they make decisions about opening credit cards, going into debt, banking accounts, insurance coverage, renting living spaces, and transportation. The purpose of the game is to give youth an eye-opening glimpse of what their future lives might look like based on various choices.

Financial literacy games for students like RMX represent an innovative method for giving them critical money management skills that have real-world application. There’s an old saying that “money’s not a problem, it’s how you spend it.” Young people today are subject to a constant barrage of advertisements and consumerist messaging. To combat a media landscape that promotes spending more than we earn, kids need a balanced view that teaches them the value of spending money wisely.

It is never too early or too late to start teaching children about money. And building financial literacy for kids will receive a welcome boost from the games and other online resources available through the NFEC. In addition to curriculum, workplace education, events, and games, the NFEC also helps interested community organizations to raise funds via financial literacy grants and sponsorship collaborations. They have everything an individual or group needs to begin a successful youth financial literacy initiative.

To Build Financial Literacy for Kids, Games are the Way to Go

Children and teens must learn the fundamentals of money management if they are to avoid the financial mistakes many of their parents made. But the challenge of teaching children how to manage their finances is that the topic can seem pretty boring. Unless you find lively ways to present the lessons, kids can easily turn off and tune out. To help spice up teaching financial literacy for kids, games and other interactive methods offer your best shot at driving the messages home.

Some parents ask, “What is the best age to start teaching my kids about money?” The answer, according to the National Financial Educators Council (NFEC), is “right now.” That’s why the NFEC has developed curriculum packages to present money lessons for all age groups. Children are never too young or too old to absorb key financial lessons. The trick is to adopt teaching methods that really work. Financial literacy games, interactive multimedia, and simulations have been proven to increase information retention and help youth integrate important skills to form positive money habits for life.

Personal finance games that are presented in board format help break down money management strategies into simple steps. For example, Game of Life teaches how to make career choices, while Monopoly offers the basics of owning property. The key principle behind good financial education games is that they offer opportunities to practice. Kids learn that when they try a certain strategy, it has consequences on their lives.

Another important aspect of using games to teach kids financial literacy is that games are enjoyable. Children are much more likely to remember what happened during a game than they are by memorizing a list of instructions. All the training and educational packages created by the NFEC include games and hands-on instructional techniques to make learning fun and memorable.

Financial Literacy for Kids Games, Activities, Lessons

Ever wish you had learned more about money when you were growing up? Lots of people do. If you had, you might have avoided some money mistakes that have plagued you in the past. That’s water under the bridge now, but if you’re a parent or someone who works with youth, you can make a difference in a kid’s life. Financial literacy for kids games, activities, and complete lesson plans—can be taught by anyone who gets in touch with the NFEC. And if you didn’t receive personal finance education in your youth, you just might pick up some key skills along the way yourself.

Visit the NFEC’s website at www.FinancialEducatorsCouncil.org to find out more about financial literacy activities for kids. Financial EduNation is an online resource center that offers a complete toolkit for teaching kids financial literacy. The NFEC defines financial literacy as “possessing the skills and knowledge about financial matters to confidently take effective action that best fulfills one’s personal, family, and global community goals.” That’s why goal-setting forms an important starting point for the Financial EduNation lesson plans.

Many parents and communities want to promote financial literacy for youth, but lack the tools or knowledge to teach money skills effectively. That’s where the NFEC comes in. This social enterprise organization exists solely for the purpose of increasing people’s financial competencies around the world, and they have the expertise to make it happen. And the NFEC is independent, so they’re not affiliated with any commercial enterprise.

Financial EduNation is the NFEC’s brainchild. This resource center can be made available for free to communities across the country. Financial literacy games, activities, messages, and lesson plans are covered comprehensively in these materials and any committed individual can learn how to present them effectively.

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