5 gifts that will make your kids rich
Ways to present fiscal lessons without looking like the Grinch.
By Karen Hube, Money Magazine
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Best board game for learning money-management skills
Best board game for learning money-management skills
Payday
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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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.