10 Fun and Creative Ways to Teach Kids About Money (2024)

FAQs

How to make teaching money fun? ›

The 50-30-20 budget rule states that you should spend up to 50% of your after-tax income on needs and obligations that you must have or must do. The remaining half should dedicate 20% to savings, leaving 30% to be spent on things you want but don't necessarily need.

Facilitate debates on real-world financial news or have students create presentations on different investment strategies. Role-playing scenarios like negotiating a car purchase or comparing credit card offers can also be highly engaging. Financial literacy isn't confined to math class.

A money game is a game (in the sport or pastime sense) upon which one is gambling. Money Game may refer to: Money Game (The Price Is Right), one of many pricing game challenges on the US game show The Price is Right.

Bankaroo: Dreamed up by an 11-year-old, Bankaroo is a virtual bank that aims to teach kids about money in a fun and educational way. This app is ideal for children ages 5 and up, offering a platform to manage their savings, set goals and learn the basics of budgeting.

While there are certainly other part-time job options teachers like to pursue—some of which include: dog walking, working as a summer school teacher, house sitting, pet sitting, driving for Uber or DoorDash—the options listed above offer teachers like you the highest earning potential no matter where you live.

How do teachers make money over the summer? ›

How do teachers make money in the summer? Teachers make money in the summer by dividing their yearly salary over 12 months. Some teachers get a summer job to make some extra cash. But here's a pro-tip: if you get paid over 10 months you can “pay yourself” over the summer.

Most districts pay more based on the amount of college education a teacher has. A master's degree, doctorate or other types of certification, such as special education or vocational certificates, can add thousands of dollars to a base teacher salary each year.