FinLit Family Fun
It’s time to clear off the kitchen table and get hands-on with the family.
If you're looking for some “edutainment” to bring the family together, look no further than the classic board game. The benefits of play for both children and adults are immense, and for those of us that don’t get as much face time as we’d like with our loved ones due to work, managing the household, and busy schedules, this is the perfect time to take advantage of being at home. The resources we’ve selected allow you to not only connect and have fun with your family, but they also create an arena for learning and further conversations about financial literacy – or finlit – topics. And although all of the games listed below can be played with many age groups, we’ve categorized ones that would be enjoyable to play with particular ages given the finlit concepts you can weave in.
FinLit Concepts Covered
With the concept of the game Monopoly in mind but more realistic. Wash the car and earn $1.30, but forget your homework and lose a turn! In this fast-paced game, players race around the colorful board doing chores and collecting an allowance, then spend their earnings on the things they want.
The classic game of life and career choices, but with a modern twist. This Electronic Banking version of The Game of Life includes an electronic unit that keeps track of everyone's funds with a card system. When you get your salary or pay the bank to go to night school, you use your card swipe to make the transaction. Also includes additional career choices.
Dave Ramsey is a well-known and trusted voice in the finance world, and is best known for his debt snowball plan. He has created a board game to help teach money principles that includes his seven baby steps to debt freedom. It’s a great conversation piece and helps demonstrate money strategies that can be applied to real life.
|The Whole Family|
Introducing a modern banking version of the Monopoly game. In the Ultimate Banking Edition, Monopoly money is no more; the game features an all-in-one unit with touch technology that makes the game fast and fun. Now players can instantly buy properties, set rent, and tap their way to fortune. Each player gets a bankcard and the Ultimate Banking unit keeps track of everyone's fortunes. It also scans the game's property cards and can boost or crash the market. Other modern updates include the introduction of Event Cards and Location Spaces instead of Chance Cards and Community Chest Cards. Land on an Event Space, and rents may be raised or lowered, a player may earn or lose money, or someone could get sent to Jail. Location Spaces allow players to pay and move to any property space on the gameboard. A welcomed update to a classic game about money.