BEST FINANCIAL LITERACY PRACTISES?

 


 Financial literacy is the biggest concern of people these days. Almost every parent is thinking about ways to make the education enjoyable here in this subject for their kids. And just to make this job easy, creators have produced and manufactured fun financial literacy games for kids. 

 The market is not just flooded with thousands of fun financial literacy games for kids but with financial literacy books for young adults as well. The motive behind introducing books and games for financial literacy is to help tutors and guardians to make the study process for children enjoyable and informative too. These products do not just contain new and innovative ways to help kids grasp the facts but also come up with explanatory data for them. 

The kind of info they include mostly follows some real-life examples and situations to make them learn. Definitely, there are a lot of amazing books and games to guide adults, teens, and kids with financial study, but honestly, only some of them are worthful and are of actual use.

 Some of the fun financial literacy games for kids are:

 1. Cashflow 101: This game was developed with the idea of training its players with finance management and to understand cash flow principles. It was created after the concept of “Rich Dad, Poor Dad”. 

Maximum 6 players can play the game and it is the best game for the age group of 14 and 14+.

2. Payday: Payday helps its users to learn to manage their money and saving on a monthly basis. Players have to follow proper instruction panel for a whole month where they have to deal with loan payments, bills, unexpected expenses, and a lot more.

This game is played between players from 2- 4 and by kids falling under the category of 8 years and older.

Now, these were some of the best financial literacy games for kids, let’s take a look at a few financial literacy books for young adults which are specially published for adults to learn about money management.

 1.The Total Money Makeover: The author of this book is Dave Ramsey. This book actually makes its readers think twice about their debt and financial plans, henceforth helping them to create their financial budget wisely. 

 2. Your Money Or Your Life: This book is penned down by Joe Dominguez and Vicki Robin. This book doesn’t actually guide you about financial management and all rather its idea is a bit different from other books in the field. It helps you rethink what actually you want in life and how to redirect your money management in the same alignment. 

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