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Subject: Using Monopoly as a way to teach kids about money rss

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Geoffrey Burrell
United States
Cedar Rapids
Iowa
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I have played Monopoly with my nieces and nephews. They caught on to the game immediately. Does anyone use games like Monopoly to teach tweens about money?
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Nicolas
United States
Houston
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I'm curious about what would be the teachings about money from Monopoly.
All I see is buy, sell, pay... but no real decisions and consequences from those decisions to learn from.

I'm sure there are plenty of more interesting games to teach about money. Even if they're not directly about currency, any resource management game will provide a lot more knowledge about money than Monopoly in my opinion.
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Sean Conroy
United States
Winchester
Virginia
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It's a good start, that's for sure. I'm using it now on occasion on younger kids for the maths aspect as well as dealing with money.
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Jeff
Canada
Ontario
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There's no simple explanation for anything important any of us do, and yeah the human tragedy consists of the necessity of living with the consequences, under pressure, under pressure. -Courage (For Hugh Maclennan): The Tragically Hip
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We're forced to bed, but we're free to dream. -Gift Shop: The Tragically Hip
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Lemonade Stand might work better.
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Sonya H
United States
Sacramento
California
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NicoCel wrote:
I'm curious about what would be the teachings about money from Monopoly.

It's better to collect rent than to pay rent?
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Ottawa
Ontario
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I wonder if Stockpile might be a better way to teach the value of money.
 
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Bill Eldard
United States
Burke
Virginia
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Try Chinatown. Kids can learn to determine value, trade in property and/or cash, and earn money. Most money wins.
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Zedward Teach
Canada
Ontario
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Another suggestion is
Pay Day.
You have to get through the month, paying all your bills.

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Bryce Leedham
Australia
Croydon Park
South Australia
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Except that one time I played a rose...
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Just move them straight onto Power Grid if you want them to understand the value of money
 
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Pete
United States
Northbrook
Illinois
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At a very young age, as low as about three years old, Cranium Zooreka! is a good money-teaching game. You're not trading in cash, but in food, animal, and shelter cards, but there is a fixed exchange rate and children have to convert one commodity to another to purchase goods and receive change. You can even play a totally random form of stock market each turn.

The game is almost completely trivial from a strategic point of view. I keep it solely for the money-teaching aspects.

Pete (will be unleashing it on child number 2 soon, as he has reached age 3)
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