Article Side

Online Article Directory!

Hello Guest! Login or Register to submit articles!

Financially Educate Your Kids Through Games

By Mia Vitug Subscribe to RSS | April 25th 2012 | Views:

Nowadays, many parents are already training and motivating their kids on financial education and how to become regular savers and investors in the future.

Parents encourage their kids to play games that give them the chance to know the basics of finances. Allowing them to make mistakes along the way and learn from them without the real-life risks.

24/7 Card, the newest Visa prepaid debit and remit card is here to share some financial learning games you should consider. Such games will match the capabilities of younger kids on learning the basics of finance, investments, managing debts, and other credits for the older kids and teenagers.

1. Monopoly – A traditional board game that teaches kids and teens more on money management and investing on properties. For younger kids, it teaches them how to count money, making change, and learning strategy. For older kids and teens, it teaches them about investing; spending the money to make more money, buy and sell strategies, saving up for unexpected expenses and determining how to solve risky financial decisions. Monopoly is a game that people can play throughout their lifetime, trying out different strategies and taking different risks each time they play.

2. Life – Played on a board game, Life makes the players undergo numerous life decisions that teaches money management techniques. For instance, players who choose to "go to college" will have to start the game in debt for their student loans. However, choosing to "go to college" have the opportunity to choose careers and get a salary which teaches them how to save. Over the course, the players can get to live a mini-lifetime game for a few hours. Life is a fun and quirky game for the players to have a glimpse of what they want to do in the future and an overview how their world is going to work by managing their finances in a right way.

3. Payday – If you're looking for a game to teach your kids on how to budget and manage their daily expenses, Payday is the game you want. After accumulating bills during the month, players must pay all of their bills. Others will make deals to start another business so they would have another source of income for them to be able to pay their bills on time. Payday trains the players that their success in the game will vary from the choices they will make.

Remember that money gives people decision-making opportunities. And with 24/7 Card, you can help your kids have an advanced overview on how you handle your savings and debit properly.

24/7 Card is the best prepaid debit card that allows you to transact for online remittance and send money overseas to your loved ones in a faster, safer and more convenient way wherever you may be around the world. And with 24/7 prepaid card online, you can keep track of your records as your purchases will go directly to your bank account which means you will not experience any upsetting late fee or interest charge.

You can help make learning fun by checking out these games. They're a great way to introduce kids to the fundamentals of money and finance – and you, together with the kids will have fun, too.

Mia Vitug - About Author:
About 24/7 Card -- Unlike a credit card, an online prepaid card does not charge with sky-high interest rates and late fees. Banking smart is banking with savings instead of credit so bank smart now and apply for 24/7 debit card online.

Share on Facebook Tweet It Stumbleupon this post This post is delicious !

Article Source:

Related Finance Articles Subscribe to RSS

Credit card debt Relief- There is Hope of Relief Yet
Published by James Blee on December 22nd 2011 | Finance
Some people after receiving their credit cards do not know how to use them wisely. As they are easy ...
Payday Loans No Debit card: a Modern approach to help you!
Published by Alisa Alison on June 2nd 2012 | Finance
Payday loans no debit cards are the quickest services facilitating borrower to meet urgencies withou...
What exactly is PAN card? What are it's benefits?
Published by Ema Sis on February 17th 2012 | Finance
PAN card can be an identification number issued with the Government of India under the Income Tax Ac...
How can i get dependable credit card debt advice and exactly how could it benefit me?
Published by on March 27th 2012 | Finance
Credit card debt advice is a program provided by debt companies to help those people who are battlin...
What to consider when applying for a credit card online
Published by Fiona Roy on April 23rd 2012 | Finance
Discover which type of credit card is right for you....
Primary reasons to get a credit card processor online
Published by Neal on February 9th 2012 | Finance
There are countless advantages of having a merchant account or payment processor beside you. In this...
The importance of paying your credit card from Sears in time
Published by Alex Decosta on December 20th 2011 | Finance
One of the leading credit card companies, Sears has had a massive list of defectors based on its une...
Why hire a credit card debt management company?
Published by Yossi A on January 12th 2012 | Finance
As a matter of fact, it not only clears your already existing debt but also offer valuable technique...
Top tips for money management and using a credit card
Published by Jesse Wallace on June 6th 2012 | Finance

Learning how to use your credit card effectively could help you balance and manage your debts....
Procuring credit card in Australia had never been so easy
Published by John Matthew on December 27th 2011 | Finance
One of the best things that could have happened to the man in the present times was the easy availab...
How to choose the balance transfer credit card offer?
Published by Alenpaul on January 19th 2012 | Finance
As many find themselves in debt with certain credit cards, and trying to renew their card ability th...
Prepaid card-The credit solution
Published by Anni on March 2nd 2012 | Finance
A prepaid card is some card that you place your own cash into ahead of era so you can employ that ca...
Getting settlement when it comes to credit card
Published by Rajkumar Kaushal on June 19th 2012 | Finance
Getting settlement when it comes to credit card is not very easy sometimes because of the details an...
Understanding Christian and credit card debt settlement organizations
Published by Julia Roger on December 14th 2011 | Finance
With increasing debts among the majority of the population, people have started to seek professional...
What precisely does Credit card debt help signify and just how can it benefit me?
Published by Deby Suportie on April 2nd 2012 | Finance
Credit card debt help is a support offered by lending companies to help those who are struggling wit...
Apply for credit card online and increase your liquidity
Published by John Matthew on December 28th 2011 | Finance
Credit card is one entity that has made millionaires out of the ordinary men, but at the same time t...
Credit card types
Published by Fiona Roy on April 23rd 2012 | Finance
Discover the different types of credit cards available....
Merchant Account processing type Merchant debit and Merchant credit card processing
Published by Eric Hannelius on January 18th 2012 | Finance
When you are doing the business your main focus is onto customers’ service provided to them so tha...