When I was growing up, some of my favorite holiday gifts were the board games my parents gave to me and my sister. Not only did receiving a board game ensure that we would be spending time together as a family, but I also loved how new games could teach me different ways of looking at the world, and managing money in particular.
Consider gifting these board games to your kids to get them interested in investing, saving, and spending wisely. (See also: How to Use the Holidays to Teach Kids About Money)
For 2-6 players, ages 12 and up
Acquire is based on the idea of creating a super city, wherein each player tries to invest strategically in various businesses, including entertainment, food, fashion, marketing, and other major industries. Throughout gameplay, the various “venture capitalists” compete to build the city and try to own the majority shares in the most lucrative businesses. You make money by forming, merging, expanding, and acquiring businesses, and by buying stock at the right time — which makes this game an excellent introduction to how investing works. Whoever has the most money at the end of the game wins.
For 2-4 players, ages 5-11
As players make their way around the Allowance board, they can earn money by doing chores, starting their own businesses, earning interest on their savings accounts, and of course, by collecting their allowance each time they go “home.” On the other hand, players can also spend money at the mall, at garage sales, or simply by losing it out of their pockets. The first player to save up $20 wins the game. Allowance comes with realistic looking play money, and helps teach young children everything from how to make change and count out money to how to save their pennies. (See also: 6 Fun Games That Teach Your Kids…
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