Online Money Lessons for Kids
Brokerage house A.G. Edwards has introduced a new online game for kids interested in learning about managing money. As reported in the Chicago Sun-Times, Savings Quest helps kids age nine and older learn how to allocate income for necessary expenses, deal with unexpected expenses, and save for future goals. Along the way they learn the hard reality that all of their income is not theirs to spend. Uncle Sam will always take his cut.
Matt's View
This is one of the better online games for teaching kids about money. However, in terms of excitement and "stickiness" (the ability to keep visitors on the site for a long time and keep them coming back), it pales in comparison to the most popular kid-oriented sites. The other downside to Savings Quest is that there's no encouragement for kids to give a portion of their income to charity. But have your kids give it a try and let me know what they (and you) think.
This article filed in: Kids
Managing Money by The Book
- "Be joyful in hope, patient in affliction, faithful in prayer." - Romans 12:12
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