There are many good reasons why children and teens need to learn about money. One day they’ll have to face the real world, and they need to be prepared. The NFEC has developed curriculum programs designed to do just that—get kids ready to meet the situations they’ll face as adults. Using financial literacy games and other interactive activities, kids learn by practicing real-world money decisions.
Most people probably know the classic game Monopoly, in which players buy and sell properties. Playing Monopoly teaches kids how to collect and pay rents and taxes, handle paper money of different denominations, and keep track of cash flow. The NFEC recognizes that personal finance games like Monopoly help children learn how to manage bills and other responsibilities. Drawing on the game format, they’ve created interactive lesson plans that guide young people to practice all the financial decisions a typical American adult will encounter.