How Your Children’s Love Of Technology Could Help Keep Their Finances In Check!

As parents, we want to ensure that as our kids get older, they are able to take care of themselves. This is because we won’t always be by their side helping them to think about their choices, such as their financial ones, for instance. If your kids don’t understand the importance of managing their money, financial problems could have a big impact on their lives. That’s why it’s so important that from a young age, you teach your children the importance of keeping their finances in check.
Many parents struggle knowing how to go about this. But the good news is this doesn’t have to be the case, as you can use technology to help. Believe it or not, technology can be a useful tool for teaching your kids how to keep their finances healthy. Here’s how:

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Blog posts

Today, a lot of kids read blogs on a regular basis, as a pose to reading books or magazines. Although it might not be a traditional form of entertainment, blog posts can be a great resource in terms of teaching kids about finances. By encouraging them to read posts about keeping their finances in order, you can help them to learn the best methods of doing so. As well as, why it’s so important to keep your finances healthy. If they’re not into blogs, vlogs can be just as beneficial. It’s just a case of finding the best vlogs about the topic.

Finance apps

Almost every child over ten-years-old has a smartphone or a tablet. Meaning that they have access to a range of different apps. As well as offering hours of entertainment, apps can also be a fantastic resource for helping your kids to keep their finances in check. From apps for keeping an eye on what money they have to apps for budgeting, there’s an app for every financial need that you child may have. There are various apps to choose from. However, some are better than others. With that in mind, consider these mobile apps to keep your finances in check, and teach your kids how to use them effectively. Whether you’re for or against smartphones and tablets for kids, there’s no denying that they can be useful. Especially, when it comes to keeping your child’s finances in order.

Money-management games

The Apple app store is packed full of various games and other forms of entertainment. This includes a range of games that revolve around money management. It may not seem like it, but games like Zoo Tycoon, The Sims, and any other games like these, require users to manage their money to survive. The Tycoon games are particularly effective because the player has to manage their money for their business to thrive and grow. Just like they would have to in real life. They might only be games, but for helping kids to manage their finances better, they can be useful.

So there you have it, a guide to how technology can help your kids keep their finances in check.

Adding up to Fitness: Teaching Maths through Physical Education

It is a commonly held belief that mathematics is one of the hardest subjects at school. Even fully grown adults will quickly turn pale and shaky at the mention of algebra. But to give your child the best start for a healthy financial life, a basic understanding of mathematical concepts is vital. So how can you help them overcome the belief that maths is difficult and boring?

Adding up to Fitness: Teaching Maths through Physical Education - kids playing sports image

Get them up, get them moving, and encourage them to have fun.

Teaching maths through exercise may seem like a strange combination, but interdisciplinary learning has been encouraged for a while. The Qualifications and Curriculum Authority has published papers on the subject, pointing out that Physical Education teaches many of the same concepts as Mathematics does: dance uses the language of symmetry and shape, gymnastics teaches position and angles, and athletes learn to use data as they record their times and monitor progress. For many children, ‘learning by doing’ is by far the most fun and engaging way to learn. With this in mind, we’ve gathered together a selection of games and activities to try, either at home or in school.

Have fun, exercise their brain, and get fit all at once!

Bowling (Addition)

We’ve all been to bowling alleys where a computer adds up our scores, but improve your child’s addition by encouraging them to add up their own score. The advantage of bowling is that you can easily play at home in the garden. Even if you don’t have a bowling set, just fill empty drinks bottles with sand and use them as makeshift skittles.

River Walk (Symmetry)

Any stretch of water will do, but next time you’re near a lake or river, ask your children to examine the reflection and tell you how it relates to the land around it. Better yet, play games with your own reflections. Make a silly pose and see if your child can copy it just by looking at your reflection. Just be careful not to fall in!

Basketball (Percentages)

If you throw a ball ten times, and it goes through the hoop four times, what percentage is that? Ask these questions while playing any kind of scoring game (be it Basketball, Netball, or Football) and watch your child’s understanding of percentages rapidly increase. Better yet, expand the discussion to include fractions and decimals too.

Stick Line-up (Size and Length)

Gather together a group of children and ask them all to pick up one stick. Collect the sticks together, and ask the children to place them in order of size. Whilst this may sound simple, you should soon find that it brings up difficult questions: what if someone brings back a curved stick? Should you measure round the curve, or just go straight from one point to the other? Since many children love to collect sticks and stones, this can also be played with one person: encourage your avid collector to arrange their collection in size order, choosing their own criteria for the curvy anomalies. Be ready with a tape measure to resolve disagreements!

Darts (Mental Arithmetic)

To be a champion darts player your mental arithmetic has to be top notch. Teaching maths skills including addition, subtraction, multiplication and division are all honed through darts practice, whilst the concept of percentages and averages can be added once kids become more confident. Magnetic darts boards are available for those who don’t feel comfortable with their children throwing sharp objects.

>Financial Literacy For Kids – Check out the new shop and resources

>In case we haven’t see you for a while there have been a few changes at The Financial Tales.
We have added a selection of free resources and games to help promote financial literacy for kids.

You will also notice our new shop or store depending on your version of English!

Here are the links to purchase Dreams Can Come True in paperback plus The Last Gold Coin and The Magic Magpie in digital ebook format

Click here to go directly to the shop page