Emerson Tenley May 1, 2020 Money Worksheets
Every youngster should be encouraged to designate a percentage for charity. Teaching them to 'give back' is a reward in disguise as they learn how to help other people, causes and organizations. Show them videos of some really poor parts of the world. They'll be glad to give! Ten percent is a typical amount and recommended by most church organizations.
One way to teach them about money is to make a game out of it. Have some change available and let them win the change when asked a question. Make each question a different value. An example would be question number 1 would be worth 3 cents. Lay the money out for them to choose the three cents and if they do it correctly the first time they get to keep the money. Have some prizes at the end of the game so that they can purchase items again counting back the money to you to make that purchase. This will teach them how to count with out them realizing they are learning. To them it is just a game but they will learn how to count money.
As parents do, kids will do. Taken as an extrapolation from the popular saying, "Like Father, Like Son," there's some truth to what we do as parents, our kids will take into their adulthood. So instill good habits now for lifelong benefits.
Home schooling your own children can seem overwhelming with everything that you will be required to teach them. But if you take the time to make a plan you will have everything covered easily and teaching them what they need to know in life. One of the most basic things that you will have to teach your children is how to count money. This can be done when they are just starting out in school. There are some easy ways to teach them and they will learn quickly.
Now for the fun part! Encourage your kids to spend their money wisely. Teach them how to shop for bargains and what value the toy or item might provide long term. When my kids were growing up, I strongly encouraged them to spend wisely on a hobby or a collection and learn as much as they can about the history behind the collection. My son at ages 5-9 years old, collected toy tractors and had every type, design, style, manufacturer, and specifications memorized. He knew more about tractors than most farmers! When he got older he repeated the passion with his train collection, later still, with WWII memorabilia.
Do you plan summer outings to nature centers or parks? Take this opportunity to learn about trees or plants. Otherwise, consider having your child help you plant a garden. Get some basic books from the library to help your child understand the basics and get them a little gardening gear for fun. Have them keep a little journal over the summer about what they've learned about each activity. Have them draw pictures or make leaf prints. You can even have them store leaf specimens in little baggies that you can staple to the journal pages. Have them journal about vacations too. With just a little planning, it is easy to incorporate learning into nearly any activity.
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