In addition to the educational games on Roosterbank there are some great family games that help teach children about money. This parent guide looks at a variety of money games, some which will develop kids’ core maths and numeracy skills and others that will help you spot the budding entrepreneur in the family.
As with all our Parent Guides we have selected the following games to include based on fun factor, playability and of course pocket money value. If you have any other suggestions, please do add them to the comments.
A best-seller in the USA and Germany, Settlers of Catan is a brilliant game to introduce children to the concept of bartering to get a good deal. Although part of the game is by the luck of the dice, trading is where the game is won or lost. A great game in itself, but especially if you want children to learn how to negogiate. For ages 10 and over.
A true classic, the property trading game is a wonderful way to spot the mogul in the family. In addition to all the numeracy skills necessary for handling Monopoly money, the fun really begins when children learn how to successfully strike under-the-table deals, adding an extra element of savviness to the game.
A fun take on the classic Snap game. Players have to try and ‘snap’ cards which have the same monetary value, this could be a card showing a £1 coin and two 50p peices. For something a little more relaxing you can play paris by simply placing all the cards upside down and turning over two at a time to see if they match. Recommended for children 5 years and older.
A game that relies on luck more than anything else, but does teach the children lots about the world of business by introducing terms like ‘takeover’ and ‘launch’ in relation to companies. Kids seem to enjoy that they can trade their favourite brands such as ‘Coco Pops’ and ‘Smarties’. The game is remarkably simple to set up and the rules are easy to understand for children 8 and over.
A colourful and engaging board game for younger children, designed to develop their numeracy and coin recognition skills. The game also has a pocket money theme as players must complete household chores to earn money as they make their way around the board.
Of course, Roosterbank was designed to help children get to grips with basic money skills. You can read more on why establishing a regular pocket money routine is a great start and get loads more info on joining Roosterbank for FREE here.