Price: $14.99 at most toy retailers
Who it's for: Preteens
What it's about: Created in 1975, this game sends each player down a 31-day path to earn and spend money - working, investing, shopping, paying bills, even gambling occasionally. The player with the most cash left at the end wins.
Why it works: Recent research has shown that, developmentally, kids are most receptive to learning financial concepts before they hit high school. But that doesn't mean they're interested. When they're having fun playing a board game, though, they won't even know they're getting a tutorial on budgeting, borrowing with interest, saving - and the perils of squandering their money.
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Best board game for learning money-management skills
Payday
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These strategies from Money Magazine will cut your taxes and prep you for the new year. But you have to act by Dec. 31. (more) |
