Young as they are, do you want teach your kids about personal finance? If yes, you’re a wise and awesome parent! Enumerated below are the 8 apps to make the teaching process easier:
App Price: $1.99
Description: This math app features a good introduction to math. Thanks to the iPad’s multi-touch screen feature, your child would learn to count 10 with your fingers, count 0-10 and back. Once your child gets the hang of counting, the next stop would be to learn addition and subtraction. Best perk? No advertising, and no in-app purchases.
App Price: $5.99
Description: For ages 7 and up, this app motivate kids about the importance of setting short-term goals in order to save money. It will also teach daily lifestyle choices that lead to big savings or expenses. The game is hosted by the cartoon Money Savvy Pig, who will test them through 6 levels of money-saving challenges. This app is the winner of Parent’s Choice Gold Award and the Editor’s Choice Award from Children’s Technology Review.
App Price: $2.99
Description: This iPad app is determined to teach your children about saving money because it offers different financial strategies. It comes with 5 levels. It can also be connected to their website, which gives your child the opportunity to share his or her accomplishments with others. There are different tasks that are applicable for home, school, and leisure. Every time they complete a task, they are rewarded with stars. This app would teach your kids to be financially independent in the long run.
App Price: Free
Description: Your child would be able to create his or her own avatar in this role-playing game. Very much like real life, your kid would have to figure out how to get to the top despite starting from scratch. Throughout the game, they would have to choose a profession they would have to work at in order to achieve. They have to budget what they have for their clothes, food, and lifestyle. Very challenging, yet very rewarding if success is attained.
App Price: Free
Description: This app promises “fast-paced action and an exciting way to boost your financial brain power.” More than just a building game, this app gives your kid the chance to use the right strategies in building the school. Your child would have to pick the right characters and materials to accomplish all 12 levels.
Description: If you’re giving your child his or her own Apple product soon, better pre-install this before giving your present. This will serve as a private, personal bank account between the two of you. Teach them about the concept of banking while they are young. You can track their expenses and savings. You can even track how they budget their time too.
Description: This 3D adventure game is fun and would teach your child something valuable that will help them later on in life. Their main adversaries here are the iWannas. For each round, your kid has to beat all these iWannas, which come in the form of candies, sodas, cheap toys, etc. If they get to the money first, they will unfortunately take it from you.
Description: A great yet simple way for your kid to track his or her spending, and long term and short-term money saving goals.
Final Notes: You can download these helpful apps and games to accompany your child in the journey of better money management.