"As funny as it sounds, Monopoly is a great game to play with children to begin (teaching) the concepts of money," says Aaron Leak, founder of ECL Private Wealth Management in Rockford, Illinois.

Dear Kid Whisperer, Should my kids have to pay for a game they broke? Answer: Yep. … … I’ve been informed by my editor that I ...

How one family is trying to emphasize the value of money when items can be easily purchased with the click of a button.

3. Play games that teach children about money. “Monopoly” probably comes to mind first, but others may include: “The Game of Life” (ages 8+): The modern game i ncludes play money ...

Saving money can often be as difficult ... For younger children, online games or websites can be useful in teaching kids the basic concepts of investing. Consider Warren Buffett’s recent ...

Pretend restaurant is another fun version. Elementary school - This is the prime time to teach them the importance of earning and saving money. Teenagers - This is your last shot before they go ...

What are the most important lessons you can teach your children about money? That is a difficult ... son or grandchild. Play the game “How much do you think this costs?” in the grocery store.

As one of 300 public libraries nationwide selected for the “Thinking Money for Kids” program, it’s using games to teach financial literacy to children ages 3 to 12.

Children may not learn much about managing money at school but there are important financial lessons you can teach them at home. Research by University of Cambridge academics shows that children ...

While it can be easy to simply let a child keep all of their money, teaching them at an early age that there are only 100 cents in every dollar is another key foundational lesson. Children have ...