It is summer time and lesson plans are the furthest thing from teachers and parents’ minds. However, we have a few activities that can still teach your children about financial literacy this summer. Check out these fun and simple ways to bring up the topic.
Milk Jug Pigs– Take an afternoon and make homemade piggy banks out of old milk jugs. You can use the milk jug pigs to help your child save for various things. Even make it a competition between your kids to who can save more!
Lemonade Stand- Make a lemonade stand with your kids to help them learn about buying and selling. Have your kids practice with monopoly money so you can help answer their questions before the grand opening.
Free Fun Jar- Rather than planning expensive activities for the summer, have your kids make a “free fun jar.” Decorate an old mason jar and fill it with fun activities that happen to be free. Examples include going for a bike ride, going to the local park, checking out the library, playing hide and seek, etc. Fill the jar and talk about how these activities will not only be fun when the kids are bored but how the free activities will help save your family money.
Cleaning Coins– Does your child love science? Then why not mix science and financial literacy together! Have your kids clean coins using two simple ingredients – white vinegar and salt – and also use the time to educate them on the value of the coins you clean.
For more fun and simple ways to incorporate financial literacy this summer, check out the websites below.
25 Fun Money Activities for Kids
Iowa Jump$tart Coalition 