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CNBC | Want A Fun Way To Teach Your Kids About Money? Try These Games

cnbc featured articles finances for kids Jan 14, 2021
Teach your kids about money

Janel Meehan doesn’t want her children to grow up like she did, not knowing much about money.

So every chance she gets, she incorporates financial lessons into their lives — including during her 11-year-old son’s video games.

“My parents never talked to us about money,” the 45-year-old said. “I made all the mistakes.”

One of her son’s favorite games is Animal Crossing, which he plays on the Nintendo Switch that he saved up for and bought with his own money.

In the game, players upgrade their homes and pay off debt by doing various things, such as selling fish or weeds. Meehan spoke with him about it and what it means to take out loans — and how they have to be paid back.

“He’s learned that doing work equals money,” said Meehan, who lives with her husband and two children in San Diego.

He also saw that the price of turnips changed from day to day, which sparked a discussion on commodities and the stock market.

https://www.cnbc.com/2021/01/14/these-fun-games-can-teach-your-kids-about-money.html

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