Nancy Itzel May 1, 2020 Money Worksheets
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.
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.
Get your youngsters into some good habits starting as early as 5-years old. Look for a good Kid's Reward Program that will teach them the value of money and how to use some simple budgeting worksheets designed for kids. Keep expanding the program as they grow older and start to earn their own paycheck. Earnings (for jobs well done), Saving, Tithing/Charity, Spending, and Investing are all key components of instilling good financial habits for kids of any age. For now, let's start with some key tips to teach our kids the fundamentals:
Another kind of card game can practice your concentration skills. Shuffle a deck of cards and put them down with faced down. Each player has the chance to flip over a card on top. Put them on stack if they match in number or face card picture and if they don't, put them down again and try to recall where they are. Try to remember where the other players turn over the cards so that you can have a hint for your future turns. When all pairs have been found, the games ends and the player with most number of cards wins. This game enables the students to practice their recognition in numbers.
As a parent it is always exciting to see children progress to another grade. There are a number of summer bridge activities that a child can take part in to make sure they are ready for 2nd grade. These range from direct learning activities such as worksheets or practicing skills online to teaching opportunities in the real world.
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.
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