Apps for Teaching Kids About Money | Cleveland Bradley County Teachers Federal Credit Union
Whether for your own children or those in your classroom, financial education is a crucial tool to give kids early to ensure they know how to handle money when they’re adults. That’s a skill many of us weren’t pushed to develop when we were young, but wish we had been.
Fortunately, it’s easier than ever now to provide this important teaching thanks to modern technology. So, whether you want to give kids the ability to manage their own money when they’re older or just want to use financial lessons as a way to teach simple to complex math skills, here are some apps you may want to consider:
With an adorable kangaroo mascot and a version specifically for education that’s free for the first class in a school that uses it, Bankaroo is a great choice no matter your intended use. The concept itself was developed by a kid for other kids to help them track their money. This one isn’t a game like others on this list, but is more a tool for teaching youngsters how to manage money.
Best for: Ages 5–14
Available on: Amazon, Apple App Store, Google Play
Peter Pig teaches kids all about money and makes it fun. Activities range from learning to identify and add coins to achieve perfect change to leaning about saving money. Along the way, Peter shares fun facts about U.S. currency. If you’re looking to teach kids about the value of dollars and cents, this is a great app. Plus, their hard work is rewarded with trips to the virtual store to buy clothes and accessories for Peter.
Best for: Ages 5–8
Available on: Apple App Store, Google Play
This one is a whole lot of educational activities wrapped in a package from the U.S. Mint that also teaches kids about money. There’s math-based basketball, the opportunity for kids to stamp their own coins, panning for gold and state-by-state trivia that shows the commemorative quarter for each state when a child wins a competition against Inspector Collector.
Best for: All ages
Available on: Internet-enabled devices with updated browsers
Billed as a great tool and learning experience for everyone from preschoolers through college students, this one has a goal of “preparing kids for the financial jungle.” This is basically a banking app that’s suitable for younger people, and equips them to manage their real-life money using FamZoo prepaid MasterCard debit cards. Those are reloadable and it’s easy for parents to put allowance, money for chores and good grades, and other earnings on the card that kids can use to make real purchases.
Best for: Preschool to college students
Available on: Apple App Store, Google Play
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