2013 ScreenBreak Guide - The Alliance for Early Childhood
2013 ScreenBreak Guide - The Alliance for Early Childhood
2013 ScreenBreak Guide - The Alliance for Early Childhood
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Take a Break and...<br />
Learn About Money<br />
KEY IDEAS FOR YOUNGER CHILDREN (2-6):<br />
• Counting and sorting<br />
• Coin denominations and value<br />
• Adding up value, making change<br />
AS YOUR KIDS GET OLDER (6-12):<br />
<strong>The</strong> best way to teach kids about money, according to David<br />
Owen’s book “<strong>The</strong> First National Bank of Dad,” is to amplify the<br />
benefits of saving by creating a virtual bank <strong>for</strong> your family. Kids<br />
receive weekly allowance (up to their age in dollars) deposited<br />
into their account, which then earns a high rate of interest (5%<br />
per month). Once you empower your kids to make their own<br />
spending decisions, they will quickly see the<br />
impact of bad purchases, and will internalize<br />
the idea of watching their savings grow.<br />
Keeping track of a virtual family bank is easy<br />
with websites like FamZoo, which allows you<br />
to create accounts to schedule allowance,<br />
calculate interest, and monitor progress<br />
toward savings goals. www.famzoo.com<br />
Take a Break and...<br />
* Put on a puppet show * Make a comic book * Say tongue<br />
twisters * Play dress up * Learn to juggle * Play loud music *<br />
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