Nancy Itzel May 1, 2020 Money Worksheets
Just because your child will be playing fun online games doesn't mean the same value won't be there. Create a comfortable study zone. Turn off outside distractions such as cell phones, radios or TVs. Make sure your child is not tired or hungry so that he or she can focus all attention on learning. Also try to keep the lessons consistent with what is being learned in school. A quick chat with the teacher or signing up for an online newsletter from the classroom are ways to keep tabs on the lesson plans.
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:
Counting is the core of basic math. Once kids learn to count by 1's, they are introduced with skip counting. This is to count by a number larger than one. It can be by 2's, 3's, 4's, 5's, and 10's and even by 20's or 100's. There are many benefits of learning it at elementary grade levels. Kids can use easy skip counting worksheets for the task. Once kids know how to count by 2's, 3's or higher numbers, this can help them learn many other math skills.
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.
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.
Money Game, this game enables your kids to improve their math skills by counting money. Being able to count money is a critical skill for both child and adults. The game is done by providing them first with coins. Then you could ask them, "How much do I have if I got 2 coins worth 4 cents each?" You can vary the coins from cents to dollars, pesos or Euros. Surely, your kids will be challenged with this money game.
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