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7 Simple Games That Teach Kids About The Concept of Money

21st Jan 2015  [37 views]

child-counting-money

Kids between the age group of 3-6 years find it difficult to understand the concept of money. Which note denotes how much, why the difference in notes, why pay, how much to pay. But with these easy games, they will start understanding the concept easily.

Play Hop Skip Jump

Put in different denominations of notes and coins into a bag. Draw out one note at a time. Get your child to read the number and he/she has to hop that many times (for 500/1000 rupee notes you will have to think up an easier task though)! Doesn’t that sound like fun? This little game will familiarize your child with the different denominations, what the currency looks like and where to look out for the numbers. Easy peasy.

Make Money Magnets

Your fridge is already plastered with alphabet and letter magnets. Add some coin magnets to the fridge as well. Just stick some double sided tape on the fridge and stick a coin on it (Rs 1, Rs 2, Rs 5). Every time you are in the kitchen with your kid trailing behind you, you could play different games – like pointing out at the right coin, asking your child to give you a Rs 5 coin in exchange of the juice lying in the fridge etc.

Money Puzzle

This is a great activity for note identification, hand eye co-ordination and problem solving skills. Print a selection of fake bills or buy the play currency available at some toy stores. Get your child to stick them on a thin cardboard with some fevicol. Now you cut the pieces in different shapes and ask your child to join them again. Give them real currency for reference. After this activity, it will be difficult for your child to forget the components of the note like Mahatma Gandhi’s face etc.

Sorting

This is the all time favourite game for kids. Give them lots of coins of different denominations and different kinds of cups. Mix up the coins and ask your little one to sort them and pop them in different cups. They will love making coin piles and counting!

Shopping Time

Take your child grocery shopping and show how prices are written below every item. They will learn to associate all the information they have gathered at home with the items available in the market. The concept of payment will become clear to them.

Art & Craft

Ask your child to design their own currency! They can decide whose face will go in the front, what information they want on the back, what denominations they want on the currency. This will be loads of fun and you MUST preserve these hand-made notes in the baby book!

The Game of Business

For a week, pay your child play money for little chores like picking up toys after playing, sharing toys with his friends, helping you set the dining table etc. On Sunday, he/she can count the earnings and buy stuff from Mom’s Supermarket that you can set up with his favourite food, goodies and gifts!

Keeping visiting Parenting Cafe for cool and interesting kids related write ups. Some of our recent blogs: Best return gift ideas for kids birthday parties, Top 5 unique birthday games for kids.

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