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31 Teaching Money Worksheets

Sariah Vivienne May 6, 2020 Money Worksheets

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Are you the parent of a toddler? If you are, you may be looking to prepare your child for preschool from home. If you are, you will soon find that there are a number of different approaches that you can take. For instance, you can prepare your child for social interaction by setting up play dates with other children, you can have arts and crafts sessions, and so much more. Preschool places a relatively large focus on education; therefore, you may want to do the same. This is easy with preschool worksheets.

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Encourage your youngsters to save at least 10% (a good benchmark through adulthood) of every dime they receive. The money can be put in a local bank or credit union for saving for special items, Christmas presents, or some other goal the child sets.

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I'm not a proponent of young kids investing in the stock market. But as they get older you can encourage them to think about saving for their future and retirement. Show the older kids stock charts from the past 50-60 years and note the strong upward trend over long periods of time. With 50+ years before they retire, and by starting to save a little bit now, the Compound Interest will kick in big time!

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Similarly, kids who are best at counting backward can learn how to subtract numbers easily. For example, if a student knows 50, 45, 40, 35, 30, 25, 20; now it is very easy for this student to subtract 5 from 50 or any other number. Hence, learning backward counting is a key math skill too.

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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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Most kids get a weekly allowance without any accountability and are free to spend as they wish. I submit that kids should earn money for doing some simple chores (yes, even at 5 years old). You can further entice your kids to earn even more than their weekly chores by doing additional jobs that fall outside their normal responsibilities. Once they see their earnings adding up, you'll be surprised how hard they can work! As the money starts to accumulate, now is the time to further the learning process by defining how kids should manage their money.

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